Dear MR.

BAVCHANDBHAI VASHRAM BHAGAT,

Greetings from Volvo Auto India Pvt Ltd!

It gives us immense pleasure in welcoming you as a member of Volvo Safenet Program. We congratulate and thank you for choosing
our services.

Volvo Safenet Program aims to provide you a pleasant ownership experience of your Volvo Car by smoothening the entire process
right from the purchase of policy to after sales service.

We wish you to have great and memorable travelling experiences in your car. However, there are few unforeseen events, which some
of us face while travelling in a car. For any support in terms of picking up the car, claim intimation with Insurance Company, survey
arrangements, vehicle repair, salvage management and hassle free cashless claims settlement you may contact your nearest Volvo
Dealership.

Few unique features of Volvo Insurance Program are:

1- Instant online policy schedule cum certificate of insurance
2- Fast and hassle-free claim settlement
3- Cashless claim settlement
4- Online payment facility

What͛s more, this package policy is recognized by Volvo Safenet dealers across the country, thus leaving you with even less worries!

Enclosed herewith are the following:

‡ A Policy Schedule cum Certificate of Insurance, containing details of your vehicle insurance cover and premium calculation
‡ A Policy Wordings with Terms & Conditions, as per motor insurance policy
For Detail Policy wording kindly refer respective Insurance Company website
We once again thank you for choosing Volvo Safenet and wish you a Very Happy and Safe Motoring.

Best Wishes & Regards

Volvo Safenet
Volvo Auto India Pvt Ltd.

Note: Admission and settlement of claim is at sole discretion of Insurance Company.

Aditya Birla Insurance Brokers Limited (ABIBL) is leading composite intermediary in India. ABIBL specialises in providing General Insurance
Broking & Risk Management solutions corporate and individuals. It also offers reinsurance solutions to insurance companies.

ABIBL has presence in 13 prime locations in India with over 300 qualified & expert employees on board. ABIBL has specialised teams to cater to
specific Insurance needs like Property, Employee Benefits, Liability & Credit, Motor, Infrastructure & Lender Insurance Advisory. At ABIBL, we aim
to simplify the complex world of general Insurance for our clients.

ABIBL is a part of the Aditya Birla Financial Services Group (ABFSG). ABFSG is an umbrella brand for all the financial service business of the Aditya
Birla Group. As a significant non-banking player, we have a leadership presence across Life Insurance, Asset Management, Non-Banking Financial
Companies (NBFC), Infrastructure Project & Structured Finance, Private Equity, Broking, Wealth Management & Distribution and General
Insurance Broking, Risk ManagementServices & Online Money Management.

Aditya Birla Insurance Brokers Limited

Corporate office: One Indiabulls Center, Tower 1, 14th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013.
Regd office: Indian Rayon Compound, Veraval, Gujarat ±License Number: 146. CIN: U99999GJ2001PLC062239
Contact No.: 022 4356 8327 Fax: +91-22-4356 8511
In case of any queries/complaints/grievances, please write to us at clientfeedback.abibl@adityabirla.com
 ICICI Lombard General Insurance Co. Ltd.
PRIVATE CAR PACKAGE POLICY - CERTIFICATE CUM POLICY SCHEDULE CUM RECEIPT
(FORM 51 OF THE CENTRAL MOTOR VEHICLE RULES, 1989)
Policy No 3001/VX-13950405/00/B00 Proposal No. & Date P6045323, 16 Feb 2019
Policy Issued On 16 Feb 2019 3:54PM Period of Own Damage Cover 16 Feb 2019 3:54PM to 15 Feb 2020 11:59PM(Midnight)
Period of Liability Cover 16 Feb 2019 3:54PM to 15 Feb 2020 11:59PM(Midnight)
Insured Name MR. BAVCHANDBHAI VASHRAM BHAGAT Previous Policy No. OG-18-2202-1801-00060630
Insured Add. PLOT NO 76A MIRANAGAR UDHANA SURAT, Previous Insurer Bajaj Allianz General Insurance Co. Ltd.
SURAT , GUJARAT-394210 GSTIN :NA
Nominee Name ABHINAV BHAGAT Age 32 Relation COUSIN
Servicing Office of Insurer: GUJARAT,,, , GUJARAT-370201
GSTIN: 24AAACI7904G1ZT

Make Model Variant Cubic Capacity Manufacturing Year Seating capacity

VOLVO S60 CC Cross Country 2400 2018 5

Body Type Registration No. RTO Hypothecation/Lease* Fuel Type Chassis No.
SEDAN GJ 05 RD 9081 SURAT Yes DIESEL 2006577
Vehicle IDV Elec. Accessories Non-Elec. Accessories CNG/LPG Kit Total IDV Engine No.
3,297,380 0 0 0 3,297,380 001737600
Schedule of Premium (Amount in Rs.)
Own Damage Premium (A) Liability Premium (B)
Basic Premium Basic Third Party Liability (including TPPD) 7,890
Vehicle 27,558 Third Party Liability For Bi-Fuel Kit 0
Non-Elec. Accessories 0 PA Cover For Owner Driver Of Rs. 1,500,000 750
Elec. Accessories (IMT-24) 0 PA For Paid Driver 50
CNG/LPG Kit (IMT - 25) 0 PA Cover ( 100000 Per Person) for 5 Persons 200
Sub Total (Basic Premium) 27,558 Legal Liability For Paid Driver / Unnamed Person (0) (IMT - 28) 50
Geographical Areas Extention 0
Add On - (Dynamic Plus Plan - Additional
Towing,Consumables,Engine Protect,Key Loss,Rim and 26,879 Sub Total (PA Cover) 1,000
Tyre Cover,Zero Dep)
Geographical Area Extension (IMT-1) 0 Net Liability Premium (B) 8940
Sub Total-Addition 54,437 Total Premium (A+B) 57,865
SGST(9.00%) 5208
Deductibles CGST(9.00%) 5208
Voluntary Deductibles (0) (IMT-22A) 0 Gross Premium Paid 68,281
Anti Theft Device (IMT-10) 0 Note: 1.Policy issuance is subject to realization of cheque
AA Membership (IMT-8) 0 2.Consolidated stamp duty paid to state exchequer
No Claim Bonus (20%) 5,512 3.The policy is subject to compulsory deductible of Rs.2000 (IMT-22)
Sub Total (Deductibles) 5,512 4.Geographical Area-India
Net Own Damage Premium (A) 48,925 *Subject to IMT Endt. Nos.& Memorandum:,15,16,17,22,28,3,7
Limitations as to use: The policy covers use of the vehicle for any purpose other than (1) Hire or Reward (2) Carriage of goods (other than samples or personal luggage) (3) Organized racing (4)
Pace making (5) Speed testing (6) Reliability trials (7) Any purpose in connection with motor trade.
Driver¶s Clause: Any person including the insured: Provided that the person driving holds an effective driving license at the time of the accident and is not disqualified from holding or obtaining
such license. Provided also that the person holding an effective learners license may also drive the vehicle & that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicles
Rules, 1989".
Limits of Liability Clause: Under Section II-1(i) of the policy-Death of or bodily injury: Such amount as is necessary to meet the requirements of the Motor Vehicle Act 1988.Under Section II-1
(ii) of the policy-Damage to third party property is Rs. 7.5 lakhs PA Cover Under Section III for Owner-Driver is Rs. 1,500,000.
Grievance Clause: For resolution of any query or grievance, Insured may contact the respective branch office of the company or may call at( 021234567456456) or may write an email at
(hemant.parmar@icicilombard.com). In case the insured is not satisfied with the response of the office, insured may contact the Grievance Officer of the Company at
(hemant.parmar@icicilombard.com).In the event of unsatisfactory response from the Grievance Office, he/she may, subject to vested jurisdiction, approach the Insurance Ombudsman for the
redressal of grievance. Details of Insurance Ombudsman offices are available at IRDA website:www.irdaindia.org , or on the website of General Insurance Council:
www.generalinsurancecouncil.org.in or on the company website (www.icicilombard.com).
The Policy wording is available on request at free of cost. The Same can be downloaded from our Website (www.icicilombard.com).
Hypothecation Details: ICICI BANK LTD , SURAT - SURAT
MISP Name - GARA AUTO ZONE PVT LTD,MISP Code - AB-MVC000004
,DP Name: HITESH WADHWANI,DP Aadhaar Number: 373768339138
Important Notice: The insured is not indemnified, if the vehicle is used or driven otherwise than in accordance with the schedule. Any payment made by the company by reasons of wider terms
appearing in the certificate in order to comply with the Motor Vehicle Act, 1988 is recoverable from the insured. See the clause headed ³AVOIDANCE OF CERTAIN TERMS & RIGHT OF
RECOVERY´For legal interpretation, English version will hold good.
SAC : 997134 Description of Service : Motor Insurance Place of Supply : GUJARAT(State Code-24) Insurer Invoice Number :
180219303666
I/we hereby certify that the policy to which this certificate relates as well as this certificate of insurance are issued in accordance with the provisions of Chapter X and Chapter XI of Motor Vehicle
Act, 1988
For & On Behalf of ICICI Lombard General Insurance Co. Ltd.

Authorized Signatory
Broker Name & Add :Aditya Birla Insurance Brokers Limited,Regd. Office: Indian Rayon Compound, Veraval - 362 266. Corporate Office: One Indiabulls Centre, Tower 1, 14th Floor, Jupiter
Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Tel: +91-22-43568585 Fax: +91-22-4356 8511 License Number: 146 CIN: U99999GJ2001PLC062239 . Broker
Code :10000001926

For Renewal/Claims assistance - please contact Insurance.Co./Broker through : GARA AUTO ZONE PVT LTD AHMEDABAD at 079-29707172
1. It is hereby declared and agreed that any damages pre-existing ,any losses occured & any liability having been insured,prior to the communication of cover under this
policy are excluded from the scope of this policy
2. Updating Registration Number of Vehicles within 15 days of policy inception is MANDATORY as per IRDA. Kindly provide the same to your agent/Our call centre/Policy
issuing branch (Applicable for policies booked without Registration No of vehicles)

As a responsible broker, we take a complete systematic approach to ensure that IDV for the vehicle of age exceeding 5 years would be determined mutually by insurer
the motor insurance opted by you meets their requirements and triggers the and insured.
best way at the time of need. Schedule of depreciation for fixing IDV of the vehicle
Policy Cover - 50% for all rubber/nylon/plastic parts, tyres, tubes, batteries and air bags
- Loss or damage to your vehicle or the accessories due to: - 30% for all fiber glass components
- Nil for all parts made of glass

Natural Calamities: Fire, explosion, self ignition or lightning, earthquake, flood, In the case of painting, the depreciation rate of 50% shall be applied only on the
typhoon, hurricane, storm, material cost of total painting charges.
tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
In the case of a consolidated bill for painting charges, the material component shall be
Man-made Calamities: considered as 25% of total painting charges for the purpose of applying the
- Burglary, theft, riot, strike, malicious act, accident by external means, terrorist depreciation.(Applicable for policies with risk inception date on or after 1st February
activity, any damage in transit by road, rail, inland waterway, lift, elevator or air, 2013).
etc. For all other parts depreciation rate is applicable as following:

- Personal Accident cover for individual owners of the vehicle while driving. Age of the vehicle % of Depreciation
- Personal Accident cover for individual owners of the vehicle while driving. Not exceeding 6 months Nil
- Legal Liability due to accidental damage for Exceeding 6 months but not exceeding 1
5%
- Any permanent injury/death of a person year
- Any damage caused to the property Exceeding 1 year but not exceeding 2
- Towing Charges as applicable 10%
years
Exceeding 2 years but not exceeding 3
Optional Extensions 15%
years
- Loss of Electrical/Non-Electrical accessories Exceeding 3 years but not exceeding 4
25%
- Legal Liability to paid driver, cleaner or any workman years
- Personal Accident cover for the occupants Exceeding 4 years but not exceeding 5
35%
years
Other Salient Features Exceeding 5 years but not exceeding 10
40%
years
- No Claim Bonus available on subsequent renewals in lieu of claims free
Exceeding 10 years 50%
experience
- Discount for opting higher voluntary excess Add On Cover
- Discount for installation of approved anti-theft devices Zero Depreciation - If opted, the benefits and exclusions applicable as per insurance
- Discount for AAI membership company's rules & regulations.
- Depreciation is applicable - No depreciation charges to the customer if the vehicle is repaired at authorized
for the parts needing replacement in accident garages
Nil depreciation on metal parts
What is not covered in the Policy? Nil depreciations on plastic parts (other insurance companies plastic parts attracts
- Mechanical/Electrical breakdown, manufacturing defect 50% depreciation)
- Consequential loss, depreciation, wear & tear - This cover is available only at time of purchase & cannot be incorporated in the
- Any contractual liability middle of the year
- Intoxicated driving - In the event of complete loss of the insured vehicle (Constructive Total Loss or
- Deliberate accidental loss Total Loss), no payment shall be made under this add-on.
- Damages due to nuclear weapons material or war - For any claim to become payable under this cover, it should be admitted under
- Accidents outside the Geographical Area Section I ʹ"Loss or damage to the vehicle insured" of motor comprehensive policy
- Policy Excess - Normal wear and tear not included in this cover.
Schedule of Depreciation - Premium rate depends on vehicle model, territory & age of vehicle
Schedule of depreciation for fixing IDV of the vehicle

Extra Towing Charge Reimbursement: If opted, The cost of extraction and/or towing
Age of the vehicle % of Depreciation
the vehicle to the nearest Volvo Safenet dealership is reimbursed up to Rs.25,000/-.
For any claim to be payable under this cover, it should be admitted under Section I ʹ
Not exceeding 6 months 5%

Exceeding 6 months but not exceeding ͞Loss or damage to the vehicle insured ͞of motor comprehensive policy.
15%
1 year
Exceeding 1 year but not exceeding 2
20%
years
Exceeding 2 years but not exceeding 3
30%
years
Exceeding 3 years but not exceeding 4
40%
years
Exceeding 4 years but not exceeding 5
50%
years