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FAQs How We WorkNew India Assurance policies cover Property (both movable and immovable), vehicle, cash, household goods, health, and also your liability towards others can be covered.
The following are the exclusions of “Package Policy”: Damage caused due to: Driver being under intoxication, vehicle being driven by a person not holding an effective valid license, damage to tyre (unless the vehicle is damaged at the same time),wear and tear and mechanical breakdown damages.
It is a kind of special discount given on premium by the insurer to the insured for every claim-free year.
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