Saturday, August 18, 2007
Female: 77 (Very Good Health)Policy Type: Universal LifeFace Amount: $750,000Cash Value: $102,287Life Settlement cash paid to customer: $137,000Male: 68 (Bypass History)Policy Type: Convertible Term LifeFace Amount: $200,000Cash Value: $0Life Settlement cash paid to customer: $40,500Male: 56 (Prostate Cancer History)Policy Type: Convertible Term LifeFace Amount: $1,500,000Cash Value: $0Life Settlement cash paid to customer: $360,000Male: 66 (Very Good Health)Policy Type: Convertible Term LifeFace Amount: $1,000,000Cash Value: $0Life Settlement cash paid to customer: $24,650
LIFE INSURANCE plans
ICICI Prudential logo
Life Insurance Plans
Call toll free (MTNL/BSNL)1800-22-2020
On the basis of which life stage you are in and the corresponding insurance needs, ICICI Prudential plans can be categorized into the following three types:
Education Insurance Plans
Wealth Creation Plans
Premium Guarantee plans
Protection Plans
Life Insurance Plans
Call toll free (MTNL/BSNL)1800-22-2020
On the basis of which life stage you are in and the corresponding insurance needs, ICICI Prudential plans can be categorized into the following three types:
Education Insurance Plans
Wealth Creation Plans
Premium Guarantee plans
Protection Plans
INSURANCE FOR GOODS CARRYING VAHECLES
his insurance policy can be used to insure any motorised vehicle that carries goods (the insured owner's own or for hire) including three-wheeled motorised rickshaws and motorised pedal cycle rickshaws.
Risks covered
This insurance policy provides compensation to the insured party based on
Own damage
Actual amount for repairs/ replacement subject to depreciation and sum insured.
Garage and towing charges limited to Rs.1,000/-
Market value or sum insured, whichever is lower in case of a certifiable total loss.Act liability
Unlimited liability towards the death or bodily injury of the third party.
Liability towards non-fare paying passengers
Liability towards workmen as per the Workmen's Compensation Act.
Liability towards third party property damage limited to Rs.6,000/-
Costs and expenses incurred with express content.
Liability of the paid driver is also covered as long and if he observes all conditions as the insured owner/ financier himself.
In case of death of the insured/ any person entitled to indemnity for an incurred liability, his personal representative will receive indemnity as in the case of the insured, if he observes all the conditions as the insured himself.
Compensation offered
This insurance policy provides compensation to the insured party based on
Own damage
Actual amount for repairs/ replacement subject to depreciation and sum insured
Garage and towing charges limited to Rs.1,000/-
Market value or sum insured, whichever is lower in case of a certifiable total lossAct liability
Unlimited liability towards the death or bodily injury of the third party
Liability towards non-fare paying passengers
Liability towards workmen as per the Workmen's Compensation Act
Liability towards third party property damage limited to Rs.6,000/-
Costs and expenses incurred with express content
Liability of the paid driver is also covered as long and if he observes all conditions as the insured owner/ financier himself
In case of death of the insured/ any person entitled to indemnity for an incurred liability, his personal representative will receive indemnity as in the case of the insured, if he observes all the conditions as the insured himself.
Exclusions
This insurance policy will never pay any claims arising from
Compulsory excesses specified by the policy
Consequential loss, depreciation, regular wear and tear, mechanical or electrical breakdown
War or nuclear perils
Vehicle being used outside the geographical limit of operation or is being driven by a person other than the authorised driver
Drunken driving or contractual liability
Damages to tyres unless vehicle is also damaged and liability is limited to 50 percent of the cost of replacement
Damage to lamps, mudguards, bonnet, bumpers or paint unless the vehicle is damaged at the same time
Risks covered
This insurance policy provides compensation to the insured party based on
Own damage
Actual amount for repairs/ replacement subject to depreciation and sum insured.
Garage and towing charges limited to Rs.1,000/-
Market value or sum insured, whichever is lower in case of a certifiable total loss.Act liability
Unlimited liability towards the death or bodily injury of the third party.
Liability towards non-fare paying passengers
Liability towards workmen as per the Workmen's Compensation Act.
Liability towards third party property damage limited to Rs.6,000/-
Costs and expenses incurred with express content.
Liability of the paid driver is also covered as long and if he observes all conditions as the insured owner/ financier himself.
In case of death of the insured/ any person entitled to indemnity for an incurred liability, his personal representative will receive indemnity as in the case of the insured, if he observes all the conditions as the insured himself.
Compensation offered
This insurance policy provides compensation to the insured party based on
Own damage
Actual amount for repairs/ replacement subject to depreciation and sum insured
Garage and towing charges limited to Rs.1,000/-
Market value or sum insured, whichever is lower in case of a certifiable total lossAct liability
Unlimited liability towards the death or bodily injury of the third party
Liability towards non-fare paying passengers
Liability towards workmen as per the Workmen's Compensation Act
Liability towards third party property damage limited to Rs.6,000/-
Costs and expenses incurred with express content
Liability of the paid driver is also covered as long and if he observes all conditions as the insured owner/ financier himself
In case of death of the insured/ any person entitled to indemnity for an incurred liability, his personal representative will receive indemnity as in the case of the insured, if he observes all the conditions as the insured himself.
Exclusions
This insurance policy will never pay any claims arising from
Compulsory excesses specified by the policy
Consequential loss, depreciation, regular wear and tear, mechanical or electrical breakdown
War or nuclear perils
Vehicle being used outside the geographical limit of operation or is being driven by a person other than the authorised driver
Drunken driving or contractual liability
Damages to tyres unless vehicle is also damaged and liability is limited to 50 percent of the cost of replacement
Damage to lamps, mudguards, bonnet, bumpers or paint unless the vehicle is damaged at the same time
MOTOR INSURANCE policies
his insurance policy is essential for all motor vehicle owners since it protects them from legal liabilities that might arise during their vehicle operation. This insurance policy also known as the Act Only policy covers the act liability of the insured vehicle that forms a compulsory requirement of the Motor Insurance Act. No vehicle can be used without this insurance cover and use of the vehicle without this insurance cover is a penal offence.
RISK COVERED::::::
This insurance policy protects the motor vehicle owners from the risks of
Fire, Explosion, Self-Ignition and Lightning.
Burglary, Housebreaking and Theft.
Riot, Strike, Malicious and Terrorism Damage.
Earthquake.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm.
Accidental External Means.
Transit by road, rail, inland waterway, lift, elevator or air.
For motor cycles and commercial vehicles, the risk of Frost Damage is also covered. From the above coverage, for all classes of vehicles, the risks of riot, strike, malicious and terrorism damage, earthquake, flood and storm can be opted out of with a consequent discount in premium.
In addition to these, cover is also available for protection, removal costs and authorisation of repairs.
Section II covers the liabilities towards third parties, i.e. liabilities of bodily injuries and property damage.
For Commercial Vehicles, however, an additional Section III covers the vehicle while it is being used for the purpose of towing disabled vehicles. This section covers third party liabilities that the insured vehicle or the one being towed may incur as a result of an accident. This is provided the towed vehicle is not towed for reward/remuneration. Further, the insurance company is also not liable for damages to the towed vehicle or any property being conveyed thereby.
Compensation Offered
This insurance policy will provide compensation for the motor vehicle owners from these liabilities
Unlimited liability towards bodily injury to any third party.
Unlimited liability towards bodily injury to passengers of the vehicle.
Liability towards third party property damage, limited to Rs.6,000/- only.
Liability towards employees of the owner of the insured vehicle while travelling or using it, against bodily injury to the extent required by the Workmen's Compensation Act.If a motor vehicle is disabled as a result of loss or damage due to the perils mentioned above, the insurance company bears the reasonable cost of protection and removal to the nearest repairer and the cost of redelivery to the owner/insured subject to a maximum limit, in respect of any one accident. The limits for various classes of vehicles are as follows:
Motor cycles/Scooters: Rs.300
Private Car & Taxies: Rs.1500
Other Commercial Vehicles: Rs.2500
This policy is offered by:
National Insurance Company Ltd. (NIC)
The Oriental Insurance Company Ltd. (OIC)
United India Insurance Company Ltd. (UIIC)
The New India Assurance Company Ltd. (NIAC
RISK COVERED::::::
This insurance policy protects the motor vehicle owners from the risks of
Fire, Explosion, Self-Ignition and Lightning.
Burglary, Housebreaking and Theft.
Riot, Strike, Malicious and Terrorism Damage.
Earthquake.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm.
Accidental External Means.
Transit by road, rail, inland waterway, lift, elevator or air.
For motor cycles and commercial vehicles, the risk of Frost Damage is also covered. From the above coverage, for all classes of vehicles, the risks of riot, strike, malicious and terrorism damage, earthquake, flood and storm can be opted out of with a consequent discount in premium.
In addition to these, cover is also available for protection, removal costs and authorisation of repairs.
Section II covers the liabilities towards third parties, i.e. liabilities of bodily injuries and property damage.
For Commercial Vehicles, however, an additional Section III covers the vehicle while it is being used for the purpose of towing disabled vehicles. This section covers third party liabilities that the insured vehicle or the one being towed may incur as a result of an accident. This is provided the towed vehicle is not towed for reward/remuneration. Further, the insurance company is also not liable for damages to the towed vehicle or any property being conveyed thereby.
Compensation Offered
This insurance policy will provide compensation for the motor vehicle owners from these liabilities
Unlimited liability towards bodily injury to any third party.
Unlimited liability towards bodily injury to passengers of the vehicle.
Liability towards third party property damage, limited to Rs.6,000/- only.
Liability towards employees of the owner of the insured vehicle while travelling or using it, against bodily injury to the extent required by the Workmen's Compensation Act.If a motor vehicle is disabled as a result of loss or damage due to the perils mentioned above, the insurance company bears the reasonable cost of protection and removal to the nearest repairer and the cost of redelivery to the owner/insured subject to a maximum limit, in respect of any one accident. The limits for various classes of vehicles are as follows:
Motor cycles/Scooters: Rs.300
Private Car & Taxies: Rs.1500
Other Commercial Vehicles: Rs.2500
This policy is offered by:
National Insurance Company Ltd. (NIC)
The Oriental Insurance Company Ltd. (OIC)
United India Insurance Company Ltd. (UIIC)
The New India Assurance Company Ltd. (NIAC
Subscribe to:
Posts (Atom)