Four wheeler Product Code: Motor 01 / Two wheeler Product Code: Motor 05. When your car is in the garage, commuting becomes a tough task to do. Well you can always remain prepared for such situations with the Garage Cash cover. Deductible means the amount that you will bear in case of a claim. This amount is deducted from the claim amount. Car Insurance Policy carries a Compulsory Deductible of Rs 1,000 (for vehicles not exceeding 1500 cc) or Rs 2,000/- (for vehicles exceeding 1500 cc). Two-wheeler Insurance policies carry a Compulsory Deductible of Rs 100. Covers medical and non-medical expenses for students studying abroad.
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