{"uin":"IRDAN113CP0006V01202122","name":"Motor Dealer Package Policy - Laghu Udyam Suraksha","url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122","insurer":{"slug":"bajaj-general-insurance","name":"Bajaj General Insurance Limited","url":"https://indiainsurances.com/insurer/bajaj-general-insurance"},"line":"general","category":"business","category_name":"Shop and business","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Motor Dealer Package Policy - Laghu Udyam Suraksha is a business package for motor dealers covering sections such as burglary/robbery, damage to customers' registered motor vehicles, plate glass, fidelity, employee compensation, public liability, money and machinery breakdown. Claims must be intimated within 24 hours, and cancellation by the insured gives 100% refund up to 7 days, pro-rata from 8 to 270 days and no refund from 271 to 365 days if no claim is lodged.","analysis":{"state":"machine","analysed_at":"2026-10-20 02:52:34.404197+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The wording points to the risk inception and end dates shown in the Policy Schedule but does not print a fixed policy term.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Upon the happening of any event giving rise to a claim, the insured must contact the Company and intimate the claim within 24 hours.","display":"Within 24 hours","note":null,"quote":"Upon the happening of any event giving rise to a claim, the insured shall within 24 hours contact the Company and intimate the claim.","sources":[{"clause":"11(c)","heading":null,"page":31,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-c-4"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Duly completed claim form signed by the insured","Fire Brigade Report in case of Fire","Written complaint to Police (FIR) for Theft and Burglary/Robbery Claims","Police Final Investigation Report for Theft and Burglary/Robbery Claims","Bills and invoices, valuation reports etc required to support and substantiate the claim amount","NEFT details & cancelled cheque","Any other document deemed necessary to establish the loss or its quantum depending upon the nature of claim"],"display":"Claim form, fire brigade report for fire, FIR and police final report for theft/burglary/robbery, bills/invoices/valuation reports, NEFT details and cancelled cheque, and any other document needed for the loss.","note":null,"quote":"Duly completed claim form signed by the insured, detailing the loss or damage that has occurred and an estimate of the quantum of any claim along with all documentation required to support and substantiate the amount sought from the Company, and; ... Fire Brigade Report in case of Fire ... Written complaint to Police (FIR) for Theft and Burglary/Robbery Claims ... Police Final Investigation Report for Theft and Burglary/Robbery Claims ... Bills and invoices, valuation reports etc required to support and substantiate the claim amount ... NEFT details & cancelled cheque ... Any other document deemed necessary to establish the loss or its quantum depending upon the nature of claim.","sources":[{"clause":"11(a)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-a-7"},{"clause":"11(b)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-b-7"},{"clause":"11(c)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-c-6"},{"clause":"11(d)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-d-5"},{"clause":"11(e)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-e-2"},{"clause":"11(f)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-f"},{"clause":"11(g)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-g"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"The Company appoints a surveyor within 72 hours of intimation if needed, the surveyor reports within 30 days of appointment, the Company decides admissibility and offers settlement within 30 days of the survey report or additional survey report, and pays within 7 days from acceptance of the offer.","display":"Surveyor within 72 hours; survey report within 30 days; decision/offer within 30 days of survey report; payment within 7 days of acceptance","note":null,"quote":"the company will take call to appoint a surveyor for assessing the loss/ claim within 72 hours of the receipt of intimation from the Insured. ... The surveyor shall communicate his/ her report to the Company within 30 days of his/ her appointment. ... On receipt of the survey report or the additional survey report, as the case may be, the Company shall within a period of 30 days take call as to whether the claim is admissible or not and if admissible offer a settlement of the claim to the Insured. Upon acceptance of an offer of settlement by the insured, the payment of the amount due shall be made within 7 days from the date of acceptance of the offer by the insured.","sources":[{"clause":"11(g)","heading":null,"page":32,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-g"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["The Insured’s consequential losses of any kind","Ionising radiation or contamination by radioactivity","The radioactive toxic explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof","Asbestosis or in any manner related to or arising out of the sale, manufacture, production, distribution or the like of asbestos","Any circumstance, fact or mater of which the Insured was or ought reasonably to have been aware prior to the commencement of the Policy Period","War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power","Liability more specifically insured elsewhere","Libel, slander, false arrest, wrongful eviction, wrongful detention, defamation including mental injury, anguish or shock resulting there from","TERRORISM DAMAGE EXCLUSION WARRANTY"],"display":"Main general exclusions include consequential losses, radiation/nuclear contamination, asbestos, known prior circumstances, war and related events, liability insured elsewhere, libel/slander and terrorism damage.","note":null,"quote":"GENERAL EXCLUSIONS APPLICABLE TO ALL SECTIONS OF THE POLICY: (UNLESS OTHERWISE MENTIONED MORE SPECIFICALLY UNDER SECTION 1) As expressly stated to the contrary, and in addition to the Exclusions stated for any individual Section, no cover is available Here under and no payment will be made by the Company for any claim directly or indirectly caused by, based on, Arising out of or howsoever attributable to any of the following:\n1. The Insured’s consequential losses of any kind, be they by way of loss of profit, loss of opportunity, business interruption, market loss or otherwise, or any claims arising out of loss of a pure financial nature such as loss of goodwill.\n2. Ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel.\n3. The radioactive toxic explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.\n4. Asbestosis or in any manner related to or arising out of the sale, manufacture, production, distribution or the like of asbestos.\n5. Any circumstance, fact or mater of which the Insured was or ought reasonably to have been aware prior to the commencement of the Policy Period.\n6. War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalisation or requisition of or damage to property by or under the order of any government or public local authority.\n7. Liability more specifically insured elsewhere.\n8. Libel, slander, false arrest, wrongful eviction, wrongful detention, defamation including mental injury, anguish or shock resulting there from.\n9. TERRORISM DAMAGE EXCLUSION WARRANTY","sources":[{"clause":"11(d)","heading":null,"page":28,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-11-d-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First contact the Customer Experience Team through the website, toll-free number, email or writing to the Pune address. If not satisfied, write to the Grievance Redressal Officer, then use the care specialist route or write to the Head of Customer Experience before approaching the Insurance Ombudsman.","display":"Level 1 Customer Experience Team; Level 2 Grievance Redressal Officer; Level 3 care specialist or Head of Customer Experience","note":null,"quote":"Level 1 In case you have any concern, you may please reach out to our Customer Experience Team through any of the following options:\n• Our Website www.bajajgeneralinsurance.com\n• Call us on our Toll free no 1800 209 5858\n• Mail us on careforyou@bajajgeneral.com\n• Write to Bajaj General Insurance Limited Bajaj Insurance House, Airport Road, Yerwada Pune- 411006\nLevel 2 In case you are not satisfied with the response given to you by our team, you may write to our Grievance Redressal Officer at ggro@bajajgeneral.com\nLevel 3 If in case, your grievance is not resolved and you wish to talk to our care specialist, please Give a missed on +91 80809 45060 OR SMS to 575758 and our care specialist will call you back\nIf you are still not satisfied with the solutions provided, write to Head of Customer experience directly at head.customerservice@bajajgeneral.com","sources":[{"clause":"25","heading":null,"page":35,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-25-2"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["STANDARD FIRE AND SPECIAL PERILS COVER","actual or attempted Burglary and/or Robbery","accidental external means","Accidental loss of or damage to neon sign or glow sign","Any Accidental loss of or damage caused to Plate Glass","financial loss due to physical loss of Property Insured","personal injury by Accident or disease arising out of and in the course of his employment","Accidental loss of or damage to Electronic Equipment","Bodily Injury or death or Property Damage caused in the course of the Business by an Accident in the Insured Premises","Loss by accident or misfortune","unforeseen and sudden physical damage"],"display":"Fire and special perils, burglary/robbery, accidental damage to customer vehicles, neon sign, plate glass, fidelity, employee compensation, electronic equipment, public liability, money and machinery breakdown.","note":null,"quote":"Section 1 STANDARD FIRE AND SPECIAL PERILS COVER ... actual or attempted Burglary and/or Robbery ... By accidental external means whilst stored or lying in the Insured’s Workshop for repair, Maintenance or service ... Accidental loss of or damage to neon sign or glow sign ... Any Accidental loss of or damage caused to Plate Glass ... financial loss due to physical loss of Property Insured ... personal injury by Accident or disease arising out of and in the course of his employment ... Accidental loss of or damage to Electronic Equipment ... Bodily Injury or death or Property Damage caused in the course of the Business by an Accident in the Insured Premises ... Loss by accident or misfortune ... unforeseen and sudden physical damage","sources":[{"clause":"Section 1","heading":"STANDARD FIRE AND SPECIAL PERILS COVER","page":3,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-1"},{"clause":"3","heading":null,"page":3,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-3-2"},{"clause":"1","heading":"By accidental external","page":8,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-1-3"},{"clause":"Section 4","heading":"NEON SIGN","page":10,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-4"},{"clause":"1","heading":null,"page":11,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-1-5"},{"clause":"Section 6","heading":"FIDELITY GUARANTEE","page":12,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-6"},{"clause":"Section 8","heading":"EMPLOYEE’S COMPENSATION","page":16,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-8"},{"clause":"Section 9","heading":"ELECTRONIC EQUIPMENTS","page":17,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-9"},{"clause":"Section 10","heading":"PUBLIC LIABILITY","page":19,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-10"},{"clause":"1","heading":null,"page":22,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-1-9"},{"clause":"Section 12","heading":"MACHINERY BREAKDOWN","page":24,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-section-12"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"quote-verified","value":"Section 2 deductible is first 5% of each and every claim amount subject to a minimum of INR 5,000 or INR 10,000 as chosen by the insured. Section 3 deductible is first 5% of each and every claim amount subject to a minimum of INR 2,500, INR 5,000 or INR 7,000 as chosen by the insured.","display":"Section 2: 5% minimum INR 5,000 or INR 10,000; Section 3: 5% minimum INR 2,500, INR 5,000 or INR 7,000, as chosen by the insured","note":"These are section deductibles in the dealer package wording, not a private-car voluntary deductible table.","quote":"First 5% of each and every claim amount subject to a minimum of INR 5,000 Or ... First 5% of each and every claim amount subject to a minimum of INR 10,000 As chosen by the insured. ... First 5% of each and every claim amount subject to a minimum of INR 2,500 or ... First 5% of each and every claim amount subject to a minimum of INR 5,000 or ... First 5% of each and every claim amount subject to a minimum of INR 7,000 As chosen by the insured.","sources":[{"clause":"3(a)","heading":null,"page":4,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-3-a"},{"clause":"3(b)","heading":null,"page":4,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-3-b"},{"clause":"5(a)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-5-a-2"},{"clause":"5(b)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-5-b-2"},{"clause":"5(c)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-5-c-2"}],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"You can cancel the policy by giving 15 days' written notice. If you cancel, refund is 100% up to 7 days, pro rata from 8 to 270 days, and 0% from 271 to 365 days; no refund is made if a claim has been lodged.","display":"15 days' notice; refund 100% up to 7 days, pro rata 8 to 270 days, 0% 271 to 365 days; no refund if claim lodged","note":null,"quote":"You can cancel this Policy at any time by giving Us 15 days’ notice in writing. The Policy will terminate upon expiry of 15 days’ notice in writing after We receive Your notice. ... If You cancel the Policy, We will refund premium as follows:\nCancellation Period (Days) Refund Amount as percentage of Annual Premium Up to 7 Days 100% 8 to 270 days Pro Rata 271 to 365 days 0%\nNote: No premium refund shall be made in respect of Policy on which claim has been lodged by the Insured or a person on behalf of the Insured, whether such claim was admitted or repudiated.","sources":[{"clause":"18(a)","heading":null,"page":33,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-18-a"},{"clause":"18(b)","heading":null,"page":33,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-18-b"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"quote-verified","value":"Geographical limits are Indian territory unless otherwise specified, and the indemnity is restricted to claims brought in India and determined according to Indian law with payment in Indian Rupees only.","display":"Indian territory, unless otherwise specified","note":null,"quote":"Geographical Limits means Indian territory, unless otherwise specified ... The indemnity provided under this Policy is restricted to claims brought in India and determined according to Indian law, and the obligation of the Company to make payment shall be to make payment in Indian Rupees only.","sources":[{"clause":"15","heading":"Geographical Limits","page":2,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-15"},{"clause":"24","heading":"Territorial Limits","page":34,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-24-3"}],"law":[]},{"key":"property_covered","label":"Property covered","section":"Cover","meaning":"Building, stock, plant, machinery, contents.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"business_interruption","label":"Business interruption","section":"Cover","meaning":"Loss of profit while the business cannot run.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"sum_insured_basis","label":"Sum insured basis","section":"Cover","meaning":"How the cover amount is set: market value, reinstatement value, agreed value, IDV.","status":"quote-verified","value":"The sum insured is the amount stated in the Policy Schedule and is the maximum amount for the relevant section during the Policy Period. For Section 3, the sum insured is on an AOA/AOY basis, and loss settlement for customer vehicles uses the manufacturer's listed selling price of parts or vehicle adjusted for betterment, wear and tear and depreciation, subject to the Policy Schedule sum insured.","display":"Policy Schedule Sum Insured; Section 3 AOA/AOY; customer vehicles settled on manufacturer listed selling price adjusted for betterment, wear and tear and depreciation","note":null,"quote":"Sum Insured means the amount stated in the Policy Schedule, which is (same as expressly stated to the contrary) the maximum amount (regardless of the number of amount of claims made or the number of the Insured who make a claim) for any one claim and in the aggregate for all claims for which the Company will indemnify in relation to the Section to which the Sum Insured relates during the Policy Period. ... SUM INSURED UNDER SECTION 3 Sum Insured under this section shall be limited to AOA (Any One Accident)/ AOY (Any One Year) basis as stated in the Policy Schedule. ... manufacturer’s listed selling price of the Parts/Spares as on the date of loss of the Vehicle belonging to the Insured’s Customers Vehicles less due allowance for betterment, wear and tear and depreciation. ... The maximum liability of the Company, in any case, shall not exceed the Sum Insured shown in the Policy Schedule.","sources":[{"clause":"34","heading":"Sum Insured","page":3,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-34"},{"clause":"5(c)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306#c-5-c-2"}],"law":[]},{"key":"under_insurance","label":"Under-insurance (average) clause","section":"Limits and co-pay","meaning":"If the sum insured is less than the real value, claims are cut in proportion.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]}],"documents":[{"kind":"wording","label":"Motor Dealer Package Policy - Laghu Udyam Suraksha Policy Wordings","pages":45,"fetched_at":"2026-10-17 19:47:09+00","source_url":"https://www.bajajgeneralinsurance.com/download-documents/commercial-insurance/Motor-Dealer-Package-Policy-lus/Motor-Dealer-Package-Policy-lus-pw.pdf","url":"https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122/document/3306"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Bajaj General Insurance official website","url":"https://www.bajajgeneralinsurance.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.bajajgeneralinsurance.com/general-insurance-claims.html","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Online grievance form","url":"https://www.bajajgeneralinsurance.com/forms/form-online-grievance.html","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Motor Dealer Package Policy - Laghu Udyam Suraksha (UIN IRDAN113CP0006V01202122), IndiaInsurances, https://indiainsurances.com/policy/bajaj-general-insurance/motor-dealer-package-policy-laghu-udyam-suraksha-irdan113cp0006v01202122"}