Examples of Comprehensive Motor Insurance in a sentence
Total Loss: Your Insured Vehicle is deemed to be beyond economical repair by Your Comprehensive Motor Insurer and they have agreed to accept Your claim on terms that the Insured Vehicle becomes the property of the Comprehensive Motor Insurance provider.
Excess cover We will cover any excess up to £250 that is applicable under the Comprehensive Motor Insurance where it cannot be recovered from any liable third party.
However, this condition is not applicable when there is a delay in intimation due to unavoidable circumstances.3. Tyre Protect is available as an add-on coverage to a customer purchasing ICICI Lombard GIC Company Limited Comprehensive Motor Insurance Policy.
You must make a request to the Administrator for the Policy to be transferred within thirty (30) days of taking delivery of the replacement vehicle from the Comprehensive Motor Insurance or transferring the Insured Vehicle to a Family Member.
You must make a request to the Policy Retailer for the Policy to be transferred within thirty (30) days of taking delivery of the replacement vehicle from the Comprehensive Motor Insurance or transferring the Insured Vehicle to a Family Member.
The vehicle is eligible for this cover if: • The Insured Vehicle is not older than ten (10 )years at the start of this Policy ▪ It is the sole vehicle listed in the Finance Agreement (if any); and ▪ It is a car or light commercial vehicle not exceeding 3.5 tonnes; and ▪ It is covered by Comprehensive Motor Insurance throughout the entire Policy term; and ▪ It is registered in the United Kingdom; and ▪ It has been purchased from the Supplying Dealer or broker.
Notwithstanding the aforementioned the Contractor is entitled to refrain from arranging Comprehensive Motor Insurance, as stated in this clause, wholly or partially, provided that the provisions of clause 12 hereunder will apply.
The Contractor is required to indemnify the aforementioned parties in respect of damage or expense as aforementioned.3.2 Comprehensive Motor Insurance for any vehicle which is owned and/or used by the Contractor and/or any party acting on behalf of them in the framework of the Works.
Any payment of benefit under this Policy is conditional upon the Insured Vehicle having been deemed a Total Loss under the Comprehensive Motor Insurance.
If You do accept a settlement offer from the Comprehensive Motor Insurance provider prior to obtaining the Administrator’s consent, the Administrator will settle Your claim based on the Market Value at the Date of Loss.