Loss or Damage to your vehicle against Man-made Calamities
Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail etc.
Personal Accident Cover
Coverage for the individual driver of the vehicle while travelling, mounting or dismounting from the car. Optional personal accident covers for co-passengers.
Third Party Legal Liability
Protection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.
Comprehensive Policy: Exclusions
Normal wear and tear and general ageing of the vehicle.
Depreciation or any consequential loss.
Mechanical/ electrical breakdown.
Wear and tear of consumables like tyres and tubes unless the vehicle is damaged at the same time, in which case the liability of the company shall be limited to 50% of the cost of replacement.
Vehicles including cars being used otherwise than in accordance with limitations as to use.
Damage to/ by a person driving any vehicles or cars without a valid license.
Damage to/ by a person driving the vehicle under the influence of drugs or liquor.
Loss/ damage due to war, mutiny or nuclear risk
Third Party Liability Policy
Covers liability as defined in Motor Vehicles Act
Indemnifies the insured against legal liability to any person
No Claim Bonus (NCB) is a discount on premium of the Own Damage (OD) portion of your vehicle when you renew your policy, provided you have not made any claim during the last policy period of one year.
Can be accumulated up to a maximum limit of 50% on OD premium.
In case of changing from any insurer, you can get the NCB transferred in case your vehicle is insured within 90 days of your renewal due date.
Cashless Claim – In cashless claim facility, the repair charges of the vehicle are directly paid to the garage by the insurer, provided the vehicle is repaired in our garage network.
Non-cashless/ Reimbursement - If the vehicle is repaired in a garage outside the purview of the network, then you will be liable to pay the repair charges of the garage. You can get your claim amount reimbursed by submitting the original bills and payment receipts.