Total Loss

Total Loss refers to accident damage to your vehicle where the cost of repairs amounts to more than 75% of the insured’s declared value  ( IDV )on your policy, Loss of all the insured property. Also a loss involving the maximum amount for which a policy is liable.

 

Claim Raising Flow
Step1:
Step2:
  •  Fill in and submit the following Documents/Requirements
  • Claim form dully signed and filled by the participant        
Download
  • Transfer Deed
Download
  • Letter of Subrogation
Download
  • Acceptance Letter
Download
  • Transfer Letter
Download (For Corporate Client)
Download ( For individual Client)
  • Copy of Driving License
  • FIR (original)
  • Final Police Report/Undertaking
  • Original Registration Book
  • First page of registration book
  • Ignition Key
  •  Original Policy/Certificate
  •  NIC copy of Driver/Participant
  • Loss Voucher
  • Vehicle in case of Total Loss
  • Excise File (original)
  • Undertaking of missing Documents
Note: Requirement of documents depends upon the nature of Loss
Step3:

    Fill in & Submit Satisfaction Note after Claim Settlement

  •   Satisfaction Note
Download
 

 

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