Shri. Cyrus Mistry died in a car accident on 4th September, 2022. His death is a great loss. May his soul rest in peace. Let us examine this accident from motor insurance perspective.
Facts: Cyrus Mistry (54) scion of the multi-billion-dollar Shapoorji Pallonji Group and former head of Tata Sons was travelling in Mercedes-Benz GLC (MH47AB6705) to Mumbai along with three others died. Dr Anahita Pandole, her husband Darius Pandole survived the crash; Jehangir Pandole, brother of Darius also died. Mistry was married to Rohiqa Chagla, has two sons, Firoz Mistry and Zahan Mistry.
Kindly remember the following:
| S.No | Description of Loss | Approximate Claim Amount (Rs) |
| 1 | Mercedes-Benz GLC 220d 4MATIC (2017) – 50% depreciation of original IDV between 4-5 years | 35,00,000 |
| 2 | Death of Third Parties (M/s Cyrus Mistry & Jehangir Pandole) @ Rs. 7,50,000 each | 15,00,000 |
| 3 | Damage to Third Party property – Road divider on bridge over Surya River* | 5,00,000 |
| 4 | Medical Expenses to Anahita Pandole (55), who was driving the SUV, and Darius Pandole (60), both seriously injured – Actuals to be paid subject to maximum liability limitation | 5,00,000 |
| Total Approximate Claim Payable by the Insurer | 60,00,000 |
* The concerned authority for the roads and bridges must claim from the insurer for the damage to the road divider on bridge over Surya River.
