Commercial Vehicle Comprehensive
Motor Insurance is mandatory requirement under the Motor Vehicle Act.
AIL provides Commercial vehicle Comprehensive insurance coverage against accidental own damage, theft of the vehicle and third party liability for property damage and bodily injury and/or death.
Find The Allied Perils Below
Riot Strike Damage
Riot & Strike is a loss of or damage to property insured directly caused by Act of any person taking part together with others in any disturbance of public peace
Malicious damage
It covers damage other than by Fire maliciously cause by persons which are not strikers or locked out workers and who are not taking part in any disturbance of the public peace
Earthquake (Fire & Shock)
Loss or damage (including loss or damage by Fire) to any of the property insured occasioned or by through or in consequence of earthquake excluding flood overflow
Atmospheric Disturbance damage
Loss or damage directly caused by storm, Cyclone, Typhoon, tempest, Hurricane, Tornado, Flood and inundation
Impact damage
The loss or damage cause to the insured property occasioned by impact with any road vehicle (the vehicle should not belong to or under control of the insured)
Aircraft damage
It covers loss or damage to the property insured (by fire or otherwise) directly caused by Aircraft other aerial devices and/or articles dropped
Explosion
Loss or damage to the property directly caused by Explosion.
The major scope of cover includes
- Accidental damage
- Fire, external self-ignition or lightning or frost
- Burglary, house-breaking, or theft
- Malicious act
- Riot & strike
- Flood, hail, wind, hurricane, cyclone, tornado or typhoon
- Earthquake, volcanic eruption or other convulsion of nature
- Whilst in transit by air, road, rail, inland waterway, lift or elevator
- Terrorism
