ICICI Lombard addresses viral claims suggesting that using E20 petrol could lead to motor insurance claim rejection. The insurer states that motor insurance policies remain valid for vehicles that run on E20, and that claims are not denied solely because of the petrol blend used. According to the insurer, whether a claim is paid depends on the nature of the insured event—such as an accident, theft, or third-party liability—rather than the fuel type. The clarification aligns with the broader policy push in India toward greener fuels, including ethanol-blended petrol like E20. Across the reports, ICICI Lombard emphasizes that admissibility is determined under the terms of the insurance contract and the circumstances of the claim, not by the vehicle’s fuel composition. As a result, the company refutes the idea that E20 usage itself is a reason for claim denial. The insurer’s position is that coverage and claim handling follow standard assessment of insured incidents.
ICICI Lombard says motor insurance claims are not rejected solely for using E20 petrol
ICICI Lombard addresses viral claims suggesting that using E20 petrol could lead to motor insurance claim rejection. The insurer states that motor insurance policies remain valid for vehicles that run...
- ICICI Lombard says motor insurance policies remain valid for vehicles using E20 petrol.
- The insurer refutes claims that E20 fuel use alone can trigger claim rejection.
- Claims are assessed based on insured events such as accidents and theft.
- Third-party liability claims are also evaluated based on the insured incident, not the fuel blend.
- Admissibility under the policy depends on the circumstances of the claim, not on petrol composition.
Concerns over E20 petrol impacting insurance claims have been addressed by ICICI Lombard. The insurer clarified that motor insurance policies remain valid for vehicles using E20 fuel and claims won't be rejected solely based on fuel type. Admissibility depends on insured events, not the petrol blend used, aligning with India's push for greener fuels.
2 months agoInsurer says E20 fuel use does not invalidate motor insurance coverage; claims continue to be assessed on insured events such as accidents, theft and third-party liabilities.
2 months agoInsurer says E20 fuel use does not invalidate motor insurance coverage; claims continue to be assessed on insured events such as accidents, theft and third-party liabilities.
2 months ago
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