Present Applicable COMPULSORY DEDUCTIBLE (EXCESS) for MOTOR VEHICLE

[Purushottam Rathi]

Dear Sir,
I want circular in regard COMPULSORY DEDUCTIBLES (Excess) for Motor Vehicles.
If any one have it, kindly provide the same.
Thanks & Regards.
P.K.Rathi

Get your own FREE website and domain with business email solutions, click here

[A R RAMESH]

Dear Sir,

                IRDA Circular attached.

with regards

A R Ramesh

IIISLA/A/S/01528

Chennnai

09840023608

--
You received this message because you are subscribed to the Google Groups "Insurance surveyors" group.
To unsubscribe from this group and stop receiving emails from it, send an email to insurance_surve...@googlegroups.com.
To post to this group, send email to insurance...@googlegroups.com.
Visit this group at http://groups.google.com/group/insurance_surveyors?hl=en.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[Chand Bhatia]

Dear Mr Ramesh and all the friends

As per law of the land, the terms and condition that are applicable are as agreed between parties signing a contract. In case of Insurance the policy document is supposed to have the terms and conditions and is a contract and the parties are insurers and insured. 

Anything which is not mentioned in policy can not be changed merely with a circular of IRDA or even insurer or insured. 

The excess clause is also a condition in the policy and please check the policy for any deductable rather than referring to IRDA circulars or any company circulars. IRDA issues circulars to insurance companies for incorporating in their policy conditions, but it can not be applied automatically unless incorporated in the policy. 

I request that surveyors should start inspecting the policy before submitting their reports and giving any comments in their report.

regards 

C K BHATIA

09810231248

--
c k bhatia

09810231248

[A R RAMESH]

Respected Sir,

                          Yes I am agree thank you for kind replay.

with regards

A R Ramesh