The motor fleet insurance is primarily designed for organisations to insure all their vehicles under one policy.
Under a motor fleet policy all types of vehicles ranging from private cars to commercial vehicles can be covered in a single policy. The fleet insurance arrangement will help organizations in achieving efficiencies, both from the perspective of administration and cost.
The coverage under motor fleet policies can be tailored based on the requirement of customers.
An “All Risks” policy to cover accidental loss or damage to the property subject to specified exclusions
Insurance against losses in revenue due to an interruption in business following a material damage to the property
Covers businesses against the risk of non-payment of the dues by customers
Covers loss of damage to machinery due to electrical or mechanical breakdown