{"uin":"IRDAN134CP0008V01201617","name":"Motor Dealers Package Policy","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617","insurer":{"slug":"universal-sompo-general-insurance","name":"Universal Sompo General Insurance Company Limited","url":"https://indiainsurances.com/insurer/universal-sompo-general-insurance"},"line":"general","category":"business","category_name":"Shop and business","irdai_type":null,"kind":"product","status":"active","approved_on":"2017-03-08","withdrawn_on":null,"summary":"Motor Dealers Package Policy is a package policy for authorised motor dealers with sections for Fire & Allied Perils, Burglary, Neon Sign - Glow Sign, Business Interruption, Money Insurance, Plate Glass, Fidelity Guarantee, Public Liability, Workmen Compensation and Electronic Equipment. The policy can be issued for a maximum tenure of one year and the cover is available for dealers in India only.","analysis":{"state":"machine","analysed_at":"2026-10-20 02:40:13.393825+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":"The documents list coverage sections and optional extensions, but do not name separate plans or variants.","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":"quote-verified","value":"This policy can be issued for a maximum tenure of one year and can be renewed after expiry at the insurer's discretion.","display":"Maximum tenure one year; renewable after expiry at the insurer's discretion","note":"From the prospectus.","quote":"This policy can be issued for maximum tenure for one year; policy can be renewed after the expiry on the given period based on the discretion of the insurer.","sources":[{"clause":"4","heading":"Policy Tenure","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17909#c-4"}],"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":"Claim intimation must be sent by dealers within 60 days of the loss. The general claims condition also requires immediate written notice and a detailed written statement within 14 days of the event coming to the insured's knowledge.","display":"Within 60 days of the loss; general condition also says immediate written notice and detailed statement within 14 days","note":"The 60-day and immediate/14-day requirements appear in the same policy wording.","quote":"Claim Intimation shall be sent by dealers within 60 days of the loss occur. ... The insured shall give immediate notice thereof in writing to the nearest office with a copy to the Policy issuing office of the Company as well as lodge forth with a complaint with the Police. ... The insured shall deliver to the Company, within 14 days of the date on which the event shall have come to his knowledge, a detailed statement in writing, of the loss or damage","sources":[{"clause":null,"heading":"1. Claim Intimation","page":49,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-1-claim-intimation"},{"clause":"4(a)","heading":null,"page":46,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-4-a"},{"clause":"4(b)","heading":null,"page":46,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-4-b"}],"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":["Claim Form duly filled up & signed by authorized signatory","Photographs of the damage property / articles","Estimate of loss in a specified format","Newspaper cutting if any for the event occurrence","FIR copy, if any","Policy Copy"],"display":"Claim form, photographs, estimate of loss, newspaper cutting if any, FIR copy if any, and policy copy","note":null,"quote":"Documents to be submitted along with Claim Intimation:\n• Claim Form duly filled up & signed by authorized signatory\n• Photographs of the damage property / articles\n• Estimate of loss in a specified format\n• Newspaper cutting if any for the event occurrence\n• FIR copy, if any\n• Policy Copy","sources":[{"clause":null,"heading":"1. Claim Intimation","page":49,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-1-claim-intimation"}],"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":"If complete documents are received with the survey report, the insurance company will settle the claim within 7 days of receiving the report. The policy also says a surveyor is to be appointed within 48 hours of claim intimation and the survey report is due within 30 days of assessment of loss, or 15 days for total loss.","display":"Settlement within 7 days of receiving the survey report if complete documents are received","note":"Interim payment is stated separately for claims above Rs 25 lacs.","quote":"Surveyor to be appointed by insurance co. within 48 hours of claim intimation. ... The surveyor will submit the survey report within 30 days of assessment of loss.\n• In case of Total Loss, surveyor will submit the report within 15 days of assessment of loss. ... In case complete documents are received along with the survey report, insurance company will settle the claim within 7 days of receiving the report.","sources":[{"clause":null,"heading":"3. Appointment of Surveyor","page":50,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-3-appointment-of-surveyor"},{"clause":null,"heading":"5. Submission of Claim report","page":50,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-5-submission-of-claim-report"},{"clause":null,"heading":"6. Claim Settlement","page":50,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-6-claim-settlement"}],"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":["war, invasion, act of foreign enemy hostilities or war like operations","Ionising radiations or contamination by radioactivity","The radioactive toxic, explosives or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.","Loss, destruction, or damage caused to the insured property or interest by pollution or contamination.","Loss or damage by spoilage resulting from the retardation or interruption or cessation of any process or operation caused by operation of any of the perils covered.","Loss of earnings, loss by delay, loss of market or other consequential or indirect loss or damage of any kind or description whatsoever.","Loss by theft during or after the occurrence of any insured peril except as provided under Riot, Strike, Malicious and Terrorism Damage cover.","Any loss or damage occasioned by or through or in consequence directly or indirectly due to earthquake, volcanic eruption or other convulsions of nature.","Loss or damage to property insured if removed to any building or place other than in which it is herein stated to be insured","This Policy should be void and all premiums paid hereon shall be forfeited to the Company in the event of misrepresentation, misdescription or non-disclosure of any material fact."],"display":"War and allied perils, nuclear/radioactivity, pollution or contamination, spoilage from process interruption, consequential loss, theft during or after insured peril, earthquake unless extended, removed property, and misrepresentation/non-disclosure","note":"Earthquake and terrorism may be available by endorsement on payment of additional premium.","quote":"war, invasion, act of foreign enemy hostilities or war like operations (whether war be declared or not), civil war, mutiny, civil commotion assuming the proportions of or amounting to a popular rising, military rising, rebellion, revolution, insurrection or military or usurped power. ... Ionising radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. ... The radioactive toxic, explosives or other hazardous properties of any explosive nuclear assembly or nuclear component thereof. ... Loss, destruction, or damage caused to the insured property or interest by pollution or contamination. ... Loss or damage by spoilage resulting from the retardation or interruption or cessation of any process or operation caused by operation of any of the perils covered. ... Loss of earnings, loss by delay, loss of market or other consequential or indirect loss or damage of any kind or description whatsoever. ... Loss by theft during or after the occurrence of any insured peril except as provided under Riot, Strike, Malicious and Terrorism Damage cover. ... Any loss or damage occasioned by or through or in consequence directly or indirectly due to earthquake, volcanic eruption or other convulsions of nature. ... Loss or damage to property insured if removed to any building or place other than in which it is herein stated to be insured ... This Policy should be void and all premiums paid hereon shall be forfeited to the Company in the event of misrepresentation, misdescription or non-disclosure of any material fact.","sources":[{"clause":"20","heading":null,"page":49,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-20"},{"clause":"7","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-7"},{"clause":"9","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-9"},{"clause":"10","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-10"},{"clause":"11","heading":null,"page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-11"},{"clause":"2","heading":"DUTY OF DISCLOSURE: This Policy should be void and all premiums paid hereon shall","page":46,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-2-7"}],"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":"A grievance or complaint may be registered on the insurer's website, by writing to contactus@universalsompo.com, by contacting the branch where the policy was bought, or the Complaints Coordinator at the registered office. If unresolved, the insured may approach the Insurance Ombudsman, subject to vested jurisdiction.","display":"Website or contactus@universalsompo.com, branch, or Complaints Coordinator first; Ombudsman if unresolved","note":null,"quote":"In case You are aggrieved in any way, You may register a grievance or Complaint by visiting Our website or write to us on contactus@universalsompo.com.\nYou may also contact the Branch from where You have bought the Policy or the Complaints Coordinator who can be reached at Our Registered Office. ... If the issue still remains unresolved, You may, subject to vested jurisdiction, approach Insurance Ombudsman for the redressal of Your grievance.","sources":[{"clause":null,"heading":"8. Grievances","page":51,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-8-grievances"}],"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":["Fire","Lightning","Explosion/ Implosion","Aircraft Damage","Riot, Strike and Malicious Damage","Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation","Impact Damage","Subsidence and Landslide including Rockslide","Bursting and/or overflowing of Water Tanks, Apparatus and Pipes","Missile testing operations","Leakage from Automatic Sprinkler Installations","Bush Fire","Burglary or House-breaking and Hold-up","loss of money in transit","Public Liability","Workmen Compensation","Electronic Equipment"],"display":"Fire and allied perils, burglary, money insurance, public liability, workmen compensation and electronic equipment, among other sections","note":"The product is a package with sections; some extensions such as earthquake and terrorism require additional premium.","quote":"Fire Excluding destruction or damage caused to the property insured by ... ii) Lightning\niii) Explosion/ Implosion ... iv) Aircraft Damage ... v) Riot, Strike and Malicious Damage ... vi) Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation ... vii) Impact Damage: - ... viii) Subsidence and Landslide including Rockslide ... ix) Bursting and/or overflowing of Water Tanks, Apparatus and Pipes\nx) Missile testing operations\nxi) Leakage from Automatic Sprinkler Installations ... xii) Bush Fire ... Any loss of or damage to property or any part thereof whilst contained in the premises described in the schedule hereto due to Burglary or House-breaking (theft following upon an actual forcible and violent entry of and / or exit from the premises) and Hold-up. ... to indemnify the Insured against loss of money in transit ... Public Liability ... Workmen Compensation ... Electronic Equipment","sources":[{"clause":"Section 1","heading":"FIRE AND ALLIED PERILS (BUILDING AND CONTENTS)","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-2"},{"clause":"Section 1(I)(b)","heading":null,"page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-b"},{"clause":"Section 1(I)(b)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-b-2"},{"clause":"Section 1(I)(e)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-e"},{"clause":"Section 1(I)(b)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-b-4"},{"clause":"Section 1(I)(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-e-2"},{"clause":"Section 1(I)(c)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-1-i-c-3"},{"clause":"Section 2(a)","heading":null,"page":10,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-2-a"},{"clause":"Section 5","heading":"MONEY INSURANCE","page":26,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-5-2"},{"clause":"Section 8","heading":"Public Liability","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-8"},{"clause":"Section 9","heading":"Workmen Compensation","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-9"},{"clause":"Section 10","heading":"Electronic Equipment","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-10"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-applicable","value":null,"display":null,"note":"This is not a motor vehicle own-damage policy with a voluntary deductible for a car; it is a business package policy for motor dealers.","quote":null,"sources":[],"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":"If the insured cancels, the insured must give 15 days' written notice and the company retains premium on short-period scales: up to 1 month 25% of annual premium, above 1 month and up to 3 months 50%, above 3 months and up to 6 months 75%, and above 6 months 100%. No refund is allowed if there has been any claim under the policy.","display":"15 days' notice; refund after short-period retention: 25%, 50%, 75% or 100% retained depending on elapsed period; no refund if any claim","note":null,"quote":"The Insured may also give 15 days’ notice in writing, to the Company, for the cancellation of this policy, in which case the Company shall retain the premium for the period this Policy has been in force at the Company’s short period scales.\nExpired Period | Premium Retained\nUpto 1 month | 25% of annual premium\nAbove 1 month and upto 3 months | 50% of annual premium\nAbove 3 months and upto 6 months | 75% of annual premium\nAbove 6 months | 100% of annual premium\nNote: In case of any claim under the Policy no refund of premium shall be allowed.","sources":[{"clause":"10","heading":"CANCELLATION: The Company may at any time, cancel this Policy, by giving 15 days’","page":47,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-10-3"}],"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":"The cover is available for dealers in India only. Public liability indemnity is stated as anywhere in India in accordance with Indian law.","display":"India only","note":"The general territorial statement is from the prospectus; the wording states the public liability section applies anywhere in India.","quote":"However, the cover is available for dealers in India only. ... the Company will indemnify the Insured against their legal liability (other than liability under the Public Liability Insurance Act, 1991 or any other Statute based on the doctrine of \"No Fault Liability\") to pay compensation including Claimant's costs, fees and expenses anywhere in India, in accordance with Indian Law.","sources":[{"clause":"1","heading":"Who can take the Policy?","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17909#c-1"},{"clause":"Section 8","heading":"PUBLIC LIABILITY","page":32,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-section-8-2"}],"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 prospectus says the sum insured is determined based on contents, structure, stocks, cash limit, number of employees, number of electronic equipment and safety measures. For electronic equipment, the wording requires the sum insured to equal replacement cost of new property of the same kind and capacity including freight, dues, customs duties and erection costs.","display":"Based on contents, structure, stocks, cash limit, employees, electronic equipment and safety measures; electronic equipment on replacement cost","note":"This is not an IDV-based private car policy; the package uses section-specific sum insured bases.","quote":"The sum insured is determined on the basis of the contents, structure, stocks, cash limit, number of employees, number of electronic equipment, and safety measures taken to safeguard the cash and premises covered. ... Sum Insured: It is a requirement of this insurance that the Sum Insured shall be equal to the cost of replacement of the insured property by new property of the same kind and same capacity, which shall mean its replacement cost including freight, dues and customs duties, if any and erection costs.","sources":[{"clause":"3","heading":"Sum Insured","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17909#c-3"},{"clause":null,"heading":"PROVISIONS APPLYING TO SUB SECTION – I","page":43,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919#c-provisions-applying-to-sub-section-i"}],"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 Dealers Package Policy - Policy Wording","pages":55,"fetched_at":"2026-10-17 20:18:56+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/motor-dealers-package-policy/policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17919"},{"kind":"wording","label":"Motor Dealers Package Policy (IRDAI copy)","pages":64,"fetched_at":"2026-10-20 00:42:06+00","source_url":"https://irdai.gov.in/documents/37343/993134/165..Motor_Dealers_Package_Policy_GEN1208.pdf/a13f17af-dcd5-bd7e-0096-3a5f701e2e39?version=1.1&t=1668850144173&download=true","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/24372"},{"kind":"prospectus","label":"Motor Dealers Package Policy - Prospectus/Sales Literature","pages":7,"fetched_at":"2026-10-17 20:18:48+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/motor-dealers-package-policy/prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617/document/17909"}],"versions":[{"uin":"IRDAN134P0008V01201617","version":null,"approved_on":null},{"uin":"IRDAN134CP0008V01201617","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Universal Sompo General Insurance official website","url":"https://www.universalsompo.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.universalsompo.com/claims/","note":null},{"purpose":"claim","kind":"insurer","name":"Motor claim intimation","url":"https://www.universalsompo.com/claimintimation/","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":"Grievance redressal","url":"https://www.universalsompo.com/resourse-grievance-redressal/","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."},{"purpose":"renew","kind":"insurer","name":"Renew now","url":"https://www.universalsompo.com/renew-now/","note":null}],"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 Dealers Package Policy (UIN IRDAN134CP0008V01201617), IndiaInsurances, https://indiainsurances.com/policy/universal-sompo-general-insurance/motor-dealers-package-policy-irdan134cp0008v01201617"}