All Risk Policy Schedule
All Risk Policy Schedule
All Risk Policy Schedule
by:Reliance
General Insurance
Company Limited
Date:2023.06.07
Dear Sir,
Thank you for choosing Reliance General Insursane as your preferred insurance partner.
We are pleased to inform you that you have been insured under Policy No.130492329321338013 (attached herewith)
This Policy has been prepared based on the information furnished by you. We request you to kindly go through the same.
In case a duly signed proposal form has not been submitted, information received from you, whether orally or in writing,
has been specified in the Policy document on the basis of understanding provided to the Company.
If you find any discrepancy in the document, kindly write to us immediately for necessary rectification in writing forthwith
but in no case later than 15 days from the date of receipt of the Policy document. In the absence of any communication
from your end, the contents of the policy shall be deemed as accepted.
To enable us to serve you better, you are requested to mention your Policy Number in all your further correspondence.
While we believe that with Reliance General Insurance, you get nothing less than excellent and unparalleled services,
should you have any complaints or post purchase requirements like correction / changes in the policy or claims to be
reported,please write to us on
Write to rgicl.services@relianceada.com
Yours sincerely,
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 1 of 8
Reliance All Risks Insurance Policy Schedule
Corporate Office/Policy Issuing Office: Policy Sourcing/Servicing Branch Office:
Reliance General Insurance Company Limited 6th Floor, Oberoi Reliance General Insurance Co. Ltd
Commerz, International Business Park,Oberoi Garden City, Off Policy Servicing Branch address : Global Business Park Building, 8th Floor, Unit
Western Express Highway, Goregaon (East), Mumbai – 400 063. No 804 & 805 Tower, M G Road, Sector 26, Gurgaon GURGAON HARYANA
122002, INDIA
Contact No. 0124-9152729805
Agency & Code 11BRG051
Financier Address
Warranties Applicable 1)Warranted that only breakage due to accidental damage of the spectacle & sunglass (Both lenses &
Frame) is covered.
2)It is warranted that repair must be carried out only at Lenskart authorized service center/shop.
3)Warranted that original invoice and Replacement invoices is mandatory to lodge a claim.
4)"Warranted that in case of item bought under the scheme of buy one get one ( BOGO) than loss or
damage of any one item will be admissible during the policy period.
Conditions Excess:
1-Replacement valid within 90 days of claim intimation date
2-For all spectacles (including sunglasses) original invoice value less than or equal to INR 1,000 and
age of 0-6 (0-180 days) months, INR 200 each every claim.
3-For all spectacles (including sunglasses) original invoice value more than INR 1,000, the deductible for
0-6 (181- 365 days) months is INR 300 or 20% of original invoice value for each and every claim,
whichever is higher.
4-For any claim reported between 6 to 12 months (181 to 365 days) - 50% of the invoice value in each
and every claim.
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 2 of 8
Exclusions 1)Only Bending of Frame is not covered irrespective of whatsoever reason.
2)Any Loss or damage due to scratching, chipping is not covered.
3)Damage caused by any process of cleaning, dyeing, or bleaching, restoring, repairing, retouching or
renovation or deterioration arising from wear and tear, inherent vice, warping or shrinkage, moth, vermin,
rodents, insects or mildew, natural ageing or any other gradually operating cause is not covered.
4)Any Loss or damage caused by mechanical breakdown is not covered.
5)Any loss or damage due to cracking, scratching, and bending is not covered.
6)Any loss or damage to insured property during transit is not covered.
Premium Details
Premium Description Amount (in Rs.)
Net Premium : 338.14
IGST : (18.00) 60.87
Total Gross Premium (Rounded Off): 399.00
Authorised Signature
Note : The policy wording with detailed terms, conditions and exclusions are available on our website www.reliancegeneral.co.in
Intermediary Name and Code:SYMBO INDIA INSURANCE BROKING LIMITED / 11BRG051
Intermediary Contact Number:9866681582
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 3 of 8
Policy Wording For Reliance All Risks Insurance
PREAMBLE :
Whereas the insured described in the Schedule hereto (hereinafter called the 'insured') by a proposal and declaration and other
communications /emails, including valuation reports which shall be the basis of this contract and is deemed to be incorporated
herein has applied to Reliance General insurance Company Ltd. (hereinafter called the 'Company') for the insurance hereinafter
contained and has paid or agreed to pay, in such manner and within such time, as may be prescribed under the provisions of the
insurance Act, 1938 and the rules made thereunder, the premium stated in the Schedule as consideration for such insurance
during the period stated in the Schedule.
Scope of Cover :
The Company hereby agrees subject to the terms and conditions contained herein or endorsed or otherwise expressed hereon that
if the property hereinafter described or any part thereof be lost, destroyed or damaged by fire, burglary and/or housebreaking or
theft or accident or misfortune from any fortuitous cause, herein stated at any time during the period of insurance stated herein
or any subsequent period in respect of which the insured shall have paid or agreed to pay to the insured and the Company shall
have accepted and agreed to accept the premium required for the renewal thereof, the Company will pay to the insured the value,
at the time of happening of such loss, in accordance with the basis of valuation as specified in the Schedule, of the property so
lost or the amount of such damage but not exceeding in any one period of insurance in respect of each of several items specified
in the Schedule the sum set opposite there to respectively.
POLICY EXCLUSIONS :
The Company shall not be liable in respect of it should be
1. Damage caused by any process of cleaning, dyeing or bleaching, restoring, repairing, retouching or renovation or deterioration arising
from wear and tear, inherent vice, warping or shrinkage, moth, vermin, rodents, insects or mildew, natural ageing or any other gradually
operating cause.
2. Breakage, cracking, or scratching of crockery, glass, cameras, binoculars, lenses, sculpture, curios, picture, musical instrument, sports
gear and similar articles of brittle or fragile nature, unless caused by fire or accident to the means of conveyance.
3. Loss of or damage caused by mechanical/electrical/electronic derangement//breakdown of any article unless specifically insured.
4. Overwinding, denting or internal damage of watches and clocks.
5. Loss or damage to money, securities, manuscript, deeds, bonds, Bills of Exchange, Promissory Notes, Stock or Share Certificate, stamp
and travel ticket or Traveler cheques, business books or documents, unless specifically insured.
6. Physical loss or damage to insured property in transit under contract of affreightment, unless specifically covered under the Policy.
7. Physical loss or damage to insured property on fairgrounds or on the premises of any national or international exposition unless
specifically covered under the Policy.
8. Theft from any car except car of fully enclosed saloon type having at the time all the doors, windows and other opening securely shut.
9. Loss destruction of or damage to articles of consumable nature.
10. Loss, damage or liability arising directly or indirectly from seepage, pollution or contamination, however such seepage, pollution or
contamination may have been caused.
11. Loss of market or delay, no manor how occurring
12. Unexplained shortage discovered at the time of taking inventory.
13. infidelity of Officers and/or Employees of the insured.
14. Loss or damage whether direct or indirect arising from War, War like operation, Act of Foreign Enemy, Hostilities (whether war be
declared or not) Civil War, Rebellion, insurrection, Civil commotion, Military or Usurped Power, Mutiny, Seizure, Capture, Confiscation
Arrests, Restraints and Detainment by the order of any government or any other authority.
15. Any loss or damage arising through delay, detention or confiscation by Customs or other authorities.
16. a) Any loss, destruction or damage to any property whatsoever or any loss or expenses whatsoever, resulting or arising therefrom or
any consequential loss and any legal liability of whatsoever nature, directly or indirectly caused by or contributed to by or arising from
ionizing radiation or contamination by radioactivity from any source whatsoever.
b) Any loss, destruction, damage or legal liability directly or indirectly caused by or contributed to by or arising from nuclear weapons
material.
17. Consequential loss or legal liability of any kind. Loss or damage due to or contributed by the insured having caused or suffered anything
to be done whereby the risk hereby insured against were unnecessarily increased.
In any action suit or other proceeding where the Company alleges that by reason of the above provisions, any loss or damage is not
covered by this insurance, the burden of proving that such loss or damage is covered, shall be upon the insured.
SPECIAL CONDITIONS :
1. Single Article Limit: Unless specifically or separately stated, the Company's liability in respect of each article or pairs of article
shall not exceed 5% of total Sum Insured under the policy.
2. Article in Pairs or Sets: Where any items insured here under consists of articles in pair or set, the Company's liability in respect
thereof shall not exceed the value of any particular part or parts, which may be lost or damaged without reference to any special
value, which such article or articles may have as part of such pair or set not more than a proportionate part of the insured value of
the pair or set.
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 4 of 8
GENERAL CONDITIONS :
1. Duty of Disclosure:
The Policy shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation,
misdescription or non-disclosure of any material particulars in the proposal form, personal statement, declaration and connected
documents, or any material information having been withheld, or a claim being fraudulent or any fraudulent` means or device
being used by the Insured or any one acting on his/their behalf to obtain a benefit under this Policy.
2. Observance of terms and conditions:
The due observance and fulfilment of the terms, conditions and endorsement of this Policy in so far as they relate to anything to
be done or complied with by the Insured shall be a condition precedent to any liability of the Company to make any payment
under this Policy.
3. Reasonable Care:
The Insured shall take all reasonable steps to safeguard the interests of the Insured against accidental loss or damage that may
give rise to a claim.
4. Material change:
The Insured shall immediately notify the Company in writing of any material change in the risk and cause at his own expense such
additional precautions to be taken as circumstances may require to ensure safety and containing the circumstances that may give
rise to the claim, and the Company may adjust the scope of cover and / or premium if necessary, accordingly.
5. Records to be maintained:
The Insured shall keep an accurate record containing all relevant particulars and shall allow the Company to inspect such record.
The Insured shall within one month after the expiry of the Policy furnish such information as the Company may require.
6. No Constructive Notice:
Any knowledge or information of any circumstance or condition in connection with the Insured in possession of any official of the
Company shall not be notice to or be held to bind or prejudicially affect the Company notwithstanding subsequent acceptance of
any premium.
7. Notice of charge:
The Company shall not be bound to take notice or be affected by any notice of any trust, charge, lien, assignment or other dealing
with or relating to this Policy, but the payment by the Company to the Insured or his/her nominee or legal heirs of any
compensation or benefit under the Policy shall in all cases be an effectual discharge to the Company.
8. Special Provisions:
Any special provisions subject to which this Policy has been entered into and endorsed in the Policy or in any separate instrument
shall be deemed to be part of this Policy and shall have effect accordingly.
9. Electronic Transactions:
The Insured agrees to adhere to and comply with all such terms and conditions as the Company may prescribe from time to time,
and hereby agrees and confirms that all transactions effected by or through facilities for conducting remote transactions including
the Internet World Wide Web, electronic data interchange, call centers, teleservice operations (whether voice, video, data or
combination thereof) or by means of electronic, computer, automated machines network or through other means of
telecommunication, established by or on behalf of the Company, for and in respect of this Policy or its terms, or the Company's
other products and services, shall constitute legally binding and valid transactions when done in adherence to and in compliance
with the Company's terms and conditions for such facilities, as may be prescribed from time to time. The Insured agrees that the
Company may exchange, share or part with any information to or with other group companies or any other person in connection
with the Policy, as may be determined by the Company and shall not hold the Company liable for such use application.
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 5 of 8
10. Claim Procedure:
It is a condition precedent to the Company's liability that upon the discovery or happening of any loss that may give rise to a claim
under this Policy, the Insured shall undertake the following:
1. Upon the happening of any event giving rise to a claim, The Insured shall immediately contact the Company and intimate the
claim through its call center in writing at the relevant policy issuing office. The phone number for the call center is given in the
Schedule attached to this Policy.
2. While intimating the claim, the Insured shall be required to furnish all the requisite information, such as:
a. Name of the Insured
b.The Insured's contact details
c.Policy number
d.Date & Time of Loss
e.Location of loss
f.Nature of loss
g.Cause of loss
h.Whether Police authorities has been informed
i.Estimate of loss
3. On receipt of all the required information along with the claim form, The Company shall appoint a surveyor for assessing the
loss/ claim within 72 hours of the receipt of intimation from the Insured. The Insured shall allow the surveyor to inspect the
lost/damaged properties/goods. The Insured shall assist and not hinder or prevent the surveyor in pursuance of his/her duties.
The Insured shall not abandon the insured property/items in the premises, nor take any steps to rectify/remedy the damage
before the same has been approved by the Company or the Surveyor.
4. The surveyor shall communicate his/her report to the Company within 30 days of his/her appointment.
5. If the Company, on the receipt of a survey report, finds that it is incomplete in any respect, the Company shall require the
surveyor, under intimation to the Insured, to furnish an additional report on certain specific issues as may be required. Such a
request may be made by the Company within 15 days of the receipt of the original survey report.
6. The surveyor on receipt of this communication shall furnish an additional report within three weeks of the date of receipt of
communication from the Company
7. On receipt of the survey report or the additional survey report, as the case may be, the Company shall within a period of 30
days offer a settlement of the claim to the Insured. If the Company, for any reasons to be recorded in writing and communicated
to the Insured decides to reject a claim under the policy,it shall do so within a period of 30 days from the receipt of the survey
report or the additional survey report,as the case may be.
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 6 of 8
15. Fraudulent claims:
If any claim is in any respect fraudulent, or if any false statement or declaration is made or used in support thereof, or if any
fraudulent means or devices are used by the Insured or anyone acting on his/her behalf to obtain any benefit under this Policy, or
if a claim is made and rejected and no Court action or suit is commenced within twelve months after such rejection or, in case of
arbitration taking place as provided therein, within twelve (12) calendar months after the Arbitrator or Arbitrators have made their
award, all benefits under this Policy shall be forfeited.
16. Cancellation/termination:
This insurance may be terminated at any time at the request of the Insured, in which case the Company will retain the premium at the short period
rates (Given in the table below) for the time the Policy has been in force. This insurance may also at any time be terminated at the option of the
Company, on 15 days' notice with grounds of cancellation, to that effect being given to the Insured, in which case the Company shall be liable to
repay on demand a rateable proportion of the premium for the unexpired term from the date of the cancellation.
Table of Short Period Scales :
Period of Risk(Not Exceeding) Premium to be retained (% of the
Annual Rate).
15 days 10%
1 Month 15%
2 Months 25%
3 Months 30%
4 Months 35%
5 Months 40%
6 Months 50%
7 Months 60%
8 Months 70%
9 Months 80%
Exceeding 9 Months Full Annual Premium.
21. Notices:
Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 7 of 8
Any notice, direction or instruction given under this Policy shall be in writing and delivered by hand, post, or facsimile to -
• In case of the Insured, at the address specified in the Schedule to this Policy.
• In case of the Company, to the Policy issuing office of the Company.
23. Grievances:
In case the Insured is aggrieved in any way, the Insured may contact the Company at the specified addresses, during normal business hours.
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Reliance General Insurance Company Limited. IRDAI Registration No. 103 An ISO 9001:2015 Certified Company
Registered & Corporate Office: Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No. U66603MH2000PLC128300. UIN No. IRDAN103P0001V01200708. Trade Logo displayed above belongs to Anil Dhirubhai Ambani
Ventures Private Limited and used by Reliance General Insurance Company Limited under License. RGI/M COM/CO/2932/PS/1.0/010218.
Page 8 of 8