ICICI LOMBARD

POLICY ADD-ON WORDINGS

Zero Depreciation

In c o ns ide r a ti o n of t h e p a ym e n t of a n a d di t io n a l pr em ium of Rs __ _ __ _ __ _ __ b y th e
In s ur ed , it is h er eb y a gre e d a nd d ec l ar ed t h at n o t w it hs t a n din g a n yth i ng t o t he c on t r ar y
co n t ain ed in t h e P o lic y, t h e C o m pan y h er e b y U n d er ta k es t o d ed uc t no am ou n ts f o r
de pr e c ia t io n i n cas e o f par ts r e p lac e d o n ac c ou n t of d am a g e t o t h e ve hic le i ns u re d
an d /o r t o i ts ac c es s or i es , Ar is in g o ut of a n y pe r i l as c o ver e d u nd er t he Po lic y,
ho we ve r t h is e n d or s e m ent s ha l l b e a p pl ic a b l e to t h e f irs t t wo ( 2) c laim s d ur i ng t h e
po lic y p er i od a n d a n y s ub s e qu e nt c la im (s ) s ha ll b e s u bj ec t to a de duc t io n f o r
de pr e c ia t io n a t th e r a t es m en t io n e d in t h e p o lic y t er m s a nd c on d it io ns .

Provided alw ays that

1. Su c h c l a im has be e n a dm it t ed b y th e C om pa n y u n d er Sec t io n I - “ L os s or D am ag e
to t h e V eh ic le s Ins ur e d” of t h e P o l ic y,

2. T his a d d- on s h a l l n ot b e a p pl ic a bl e in t h e e v e nt o f T o ta l L oss / Co n str uc ti ve T o t a l

Los s of t he v e h ic le i ns ure d u n de r t h e P o l ic y,

3. T he I ns ur e d sh a l l b e li ab le f o r t h e V o lu n t ar y De d u c t ib le * am ou n t, as o pt e d b y t he
In s ur ed f or t h is ad d- o n, f or e ac h an d e v er y c l aim p a ya b l e u nd er t h is a d d- o n,

In s ur ed sh a l l n ot b e e nt it le d to an y N o C la im Bo n us , if m or e t h an thr e e c la im s ar e
l od g ed b y t h e Ins ur e d dur in g th e s am e P o lic y P e r io d un d er S ec t i o n I -“ L o ss or
Dam ag e t o t h e V e h ic le s I ns ur e d” of th e P o l ic y.

S ub j e ct o t her wi s e t o t he t erm s , ex c e pt i o ns , c on d it i o ns a n d lim it a t io ns of t h is P ol ic y.

Engine Protect Plus

In c o ns ide r a ti o n of p a ym e n t of a n a d d it ion a l pr em ium of R s_ _ __ _ _ __ _ __ b y t h e

In s ur ed , it is h er eb y a gre e d a nd d ec l ar ed t h at n o t w it hs t a n din g a n yth i ng t o t he c on t r ar y
co n t ain ed in t h e P o lic y, t h e C o m pan y h er e b y u n d er t ak es t o in dem n if y t h e I ns ure d f or
ex p e n ses inc u rr e d in r ep a ir or r ep lac em e nt d u e t o c o ns eq u en t ia l d a m a ges ar is in g o ut
of w at e r in gr e ss i o n/ l e ak ag e of lu b r ic at i ng
O i l le ad i ng t o l oss o r dam ag e t o:

• E ng i n e P ar ts
• Dif f er en t i al Pa r ts
• G e ar B o x P art s
O f t he I ns ur e d ’s ve h ic l e.

Provided alw a ys that:

F or t he pu r p os e of t h is a d d-o n, ‘C o ns e q ue n t i al D am ag e ’ wo u ld m e an “t h e d am age
m o re sp e c if ic a l l y e x pr es s e d h e r e in a bo v e c a u s e d t o a n in sur e d ve h ic le n ot ar is in g
d irec t l y f r om a n i ns u re d p eri l b u t as a d ir ec t Co n s eq u enc e t o t h e s am e” is l oc a te d .
A lt er na t i ve l y, t h e C o m pa n y wo u ld pr o v id e t h e s er v ic e of u n l ock in g th e I nsur e d ’s
ve h ic le wi t h t h e h e lp o f v eh ic le te c h n ic ia ns a t t h e
Loc a t io n of t h e Ins ur e d ’s v eh ic le. Pro v i d ed a l wa ys th a t a ll la b o u r an d co n v e ya nc e
co sts wo ul d b e b or ne b y t h e C om pa n y an d t he I ns ur e d wo u ld b e r eq u ir ed t o s u bm it a n
i de nt i t y pr oof t o pr o ve h is o wn ers h ip of t he I ns ur e d ’s v e h ic le, bef o re a vai li n g s uch
se r v ice . Pr o v i de d a lwa ys t h a t t his s er vic e wo u ld b e pr o v ide d o n l y w it h i n a r a n g e of
10 0 k m s f rom th e l oc a ti o n wh er e t he los s h a s oc c urr ed .
Return to Invoice

In c o ns ide r a ti o n of p a ym e n t of a n a d d it ion a l pr em ium as s p ec if ie d a n d sh o wn in t he

Sc he d u le , it is h er e b y agr e e d an d d ec la re d t ha t n ot wit hs t a n d i n g an yt h i n g t o t he
co n tr ar y c o n t a in e d in t he Po l ic y, t h e C om pan y h e r e b y u n d er t ak es t o p a y th e S um
In s ur ed u n d er t h is a d d -on , d et er m in e d as t he d if f er e nc e b et we e n t h e In s ur ed ’s
Dec la r ed V a lu e ( I D V) of t h e i ns u r e d v e hic l e an d t he t o ta l ac t u a l ex pe ns es in cu r re d
to war ds ac q u isi t io n of a n e w ve h ic le of s im i l ar m ak e a n d m o d e l t o t h e i ns u re d , as
sp ec if ie d i n t he o n-r o a d p r ic e l is t e d b y t h e m an uf a c t ur er / D e a ler u p on t h e oc c ur re nc e
of T ot a l Los s / C o ns t r u c t iv e T ot al Los s a s de f i ne d i n t h e Po l ic y

Provided alw ays that

O n- r o a d pr ic e m ea ns t he ac t ua l ex p ens e in c ur r e d t o w ar d s ac qu is it i on of a n e w v eh ic l e
an d i nc lud es t he v al u e of f ac to r y f i t t e d a c c e s s or ies o r c ar d e a l er ac cess or ies a t th e
tim e of p urc h as e . O n r oa d pr ic e wil l als o i nc lud e a n y am ou nt pa i d t o war ds r e gis tr at ion
of t h e i nsur e d V e h ic l e, ro a d tax a n d c o s t of i ns ur i n g t h e ve h ic le .

In c as e of o bs o le t e m o de ls , t h e la s t s e ll i n g p r ic e o f t h e v eh ic l e wil l be c ons ide re d t o

pa y t h e S u m I ns ur e d u nd er t h is a dd- o n

S ub j e ct o t her wi s e t o t he t erm s , ex c e pt i o ns , c on d it i o ns a n d lim it a t io ns of t h is P ol ic y.

Consumable Items

In c o ns ide r a ti o n of t h e p a ym e n t of a n a d di t io n a l pr em ium of ` b y t h e I nsu r e d. I t is

her e b y a gr e e d a nd de c la re d t ha t n ot wit hs t a n d i n g an yt h in g t o t h e I ns ur e d. I t is h er e b y
agr e e d an d d e c la re d t ha t n ot wi t h s t a nd i n g an yt h in g t o t he t o co ver e xp e nses I nc urr ed
b y t h e I n sur e d o n t h e Co ns um ab le I t em s i n t he e ve nt of d am ag e t o t he v eh ic l e i ns ur e d
an d /o r t o i ts ac c es s or i es , ar is in g ou t of an y pe r i l as c o ver e d u nd er t he p o lic y.
F or t he pu r p os e of t h is e n dor s em en t , C ons u m abl e I t e m s s ha ll m ea n th os e a rt ic les o r
su bs t anc es wh ic h h a ve s p ec if ic us es an d wh en ap p l ie d t o th e ir r es pec t i ve us es a r e
e it h er c o ns u m ed t ot a ll y o r a r e re n d er e d u n it f or c o n t in u ous a n d p e r m anen t us e . Suc h
Co n s um ab le I t em s wi ll i nc lu d e n ut a n d b o lt , s c r e w, w as h ers , gr e as e, lu br ic an t s c l ip,
ac g as, b e ar in gs , d is t i lle d wat er , en g in e o il , o il f i l ter , f u e l f ilt e r, br ea k oil a n d th e lik e.

S ub j e ct o t her wi s e t o t he t erm s , ex c e pt i o ns , c on d it i o ns a n d lim it a t io ns of t h is P ol ic y.

Key Protect

IN co ns id e r at i o n of p a ym e n t of a n a d d it ion a l pr em ium of Rs _ _ __ _ _ __ _ __ b y t h e
In s ur ed , it is h er eb y a gre e d a nd d ec l ar ed t h at n o t w it hs t a n din g a n yth i ng t o t he c on t r ar y
co n t ain ed in t h e P o lic y, t h e C o m pan y h er e b y u n d er t ak es t o p a y u p to an am ou n t as
st a t e d in t he Sc h e d ule , t o i n d e m nif y t h e Ins u r ed f o r t h e c ost inc urr ed t o war ds
re p a ir i ng /r ep l ac in g t he c ar k e ys an d/ or loc k s an d / or l oc k s et , i ncl u d ing t h e l ock sm ith
ch ar g es, u p o n t h e oc c ur r e nc e of th e f t / b ur g la r y/ lo s s of o r d am ag e t o t h e k e ys a n d/ or
l ock an d /o r t h e loc k s et of t h e I ns ur e d ’s v e hic l e, d ur in g t h e P olic y P er io d.

Provided alw ays that

1. N ot m or e t ha n t wo c laim s wo uld b e p a ya b l e u nd er t h is ad d- o n f o r a P o l ic y P e r i od
2. A c l aim d e du c t ib le of 1 % of t h e a dm is s i b l e c l a im am oun t w o u l d ap p l y f or e a ch
cl aim , s ub j e c t t o a m in im um of Rs . 2 50 .
3. A c l aim r es u lt i n g f r om bur g l ar y o r t h ef t is s u p po r t e d b y a F irs t I nf or m at io n
Re p or t (F I R) wit h t he P ol ic e
4. T he r ep la ce d k e ys / l oc k /l oc k s e t s h o u l d b e of s am e n at ur e a n d k ind as t h e o ne f or
wh ic h t h e cl a im is b e ing m a d e
5. An y los s o r da m a g e t o th e k e ys / loc k / loc k s e t is r ep or t e d t o t h e C om pan y wi t hin 3 0
da ys of su c h l oss or d am a ge
6. R e pl ac e m ent of k e y(s ) o n l y wo u ld b e d on e o n l y f or br ok e n or d a m age d k e ys. I n
ca se of t hef t of k e y( s ) , e nt ir e s e t c om p ris i ng of k e y, l oc k a nd loc k s et wo uld b e
re p l ac e d .

7. T he C om p a n y wo u l d n ot b e l i ab l e f or :

a. An y c la im wit h in t h e f irs t 5 da ys of t he ha p pe n ing of los s. H o we v er, in cas es

re la te d t o th e f t /b ur g la r y, t h is ex c lu s io n wo u ld n o t be a p p lic a b le
b. An y d am ag e/ l os s t o k e ys / loc k / loc k s et du e t o m al ic io us act i vit i es , a n y
de li be r a t e or cr im in a l ac t
c. A n y lo ss or d am ag e t o th e loc k or loc k s et p r ior t o t he loss o r th e f t of k e ys
d. An y los s o r da m a g e t o th e l oc k o n l y
e. An y los s o r da m a g e c o v e r ed u n d e r th e m a nuf ac t ur e r ’s wa rr a nt y
f . A n y c l a im wh er e t he I ns ur e d is n ot ab l e t o pr o v i d e t h e in vo ices / r e ce i pt s f or
th e p a ym e nt s m ad e
g. An y los s o r da m a g e c a us ed b y r ad i at io n, r ad i o ac t i ve c o n t am in at ion o r th e
ha za r d ou s pr o p er t i es of a n y ex p lo s i v e, c or r os i ve , i n va s i ve or t ox i c su bst a nc e or
m a ter ia l.
h. An y los s o r de s t r uc t i on of , or d am a g e t o, an y p ar t of t h e I ns u r e d ’s v eh ic l e
ot h er t h a n t h e k e ys of t h e I ns ur e d ’s v eh ic l e, it s as s oc ia t e d l ock , ig n it i on
s ys te m , an y im m obil i z er , inf r a-r e d h a nds et a nd / or a lar m a tt ac h e d t o t h e f ob .
i. Loss o r dam ag e c a u s e d b y war , in v as io n, f o re ig n e nem y h ost il it i e s ( wh e t her
war is dec la r ed o r n ot ) , c iv il wa r , t e r ror is m , r eb e l l io n , r e vo l ut io n, m i lit ar y f o rce
or c o up , or t he ac t io ns of a n y la wf u l g o v er nm en t or p u b lic or l oca l a ut h o ri t y.