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The All India Motor Tariff governs motor business in India. According to the Tariff, two types of Policy Forms are used by all classes of vehicles. They are Form A and Form B.
Form A, or what is commonly known as Act Policy, covers Act Liability which is a compulsory requirement of the Motor Vehicles Act. No vehicle can be used without this minimum insurance cover. Use without such insurance is a penal offence.
The following liabilities can be covered in this policy:
Form B, or what is commonly known as Comprehensive Policy, is an optional cover which takes care of the following additional losses and liabilities:
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