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28. What is IMT 23 cover?

mahindra-finance-author

by Mahindra Finance

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January 6, 2025

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1 mins read

IMT 23 is for commercial vehicles. Owing to the distances and wear-and-tear a commercial vehicle faces compared to a private vehicle, coverage for lamps, tubes, tyres and bumpers is generally excluded from the normal insurance policies. However, if one opts for IMT 23, these excluded parts will cover 50%.

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