PSB Motor Insurance

Home » Vehicle Insurance » PSB Motor Insurance

3.5

Average Review

PSB Motor Insurance

Get comprehensive coverage with Punjab and Sind Bank Motor Insurance—cashless garages, instant claims, and 24/7 roadside assistance for complete peace of mind.

Visit Site Apply Now Terms & Conditions Apply

Details for PSB Motor Insurance

Punjab and Sind Bank Motor Insurance offers comprehensive protection against accidents, theft, and damage from natural or man-made disasters. With over 7,200 cashless network garages and on-the-spot claim settlements, this policy ensures hassle-free servicing. It covers third-party injury/death, property damage, and personal accidents. Additional benefits include add-ons like Roadside Assistance, Zero Depreciation, Consumable Expenses, and Tyre Safeguard. With 24/7 spot assistance and No Claim Bonus protection, it delivers peace of mind whether you're on the road or dealing with an unexpected event. Stay secure with extensive coverage and reliable support at all times.

No Claim Bonus

  • NCB rates uniform for all classes of vehicle – maximum upon 50%
  • Those having either 65% or 55% from earlier tariff will continue to get the benefit till there is a claim.
  • On the happening of a claim the NCB will become zero
  • NCB can be given only upto 90 days after expiry. for military personnel in forward area – upto 365 days.

Policy Exclusion

  • Consequential loss, Depreciation, Wear & tear & Mechanical & electrical breakdown, failures or breakages
  • Damage to tyres/tubes unless the vehicle is damaged at the same time (50% of cost of replacement is payable)
  • Any accidental loss/damage suffered whilst the insured or any person driving with the knowledge and consent of the insured is under the influence of liquor or drugs
  • Loss when the vehicle is used in breach of ‘Limitations as to Use’
  • Loss when the vehicle is used in contravention of ‘Drivers Clause’
  • Losses arising directly or indirectly out of war & war like perils & from nuclear weapon material.
  • Loss or damage to accessories unless the same are on the vehicle.
  • In case of motor Cycle, Loss or damage to accessories by burglary, house breaking or theft unless the vehicle is stolen at the same time
  • Loss when the vehicle is used Outside geographical area
  • Contractual Liability Claims

Additional Benefits

  • Enhine Protection Cover
  • Return to Invoice Coverage
  • Alternative Car Benefit
  • Personal Effects
  • Nil Depriciation

Share with