Motor Insurance
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The most crucial document for your car is its motor insurance policy, which guards you from monetary loss and legal troubles. It would give you security and peace of mind by guarding you and your vehicle from physical damage, bodily injury/death, and coverage against third-party responsibility. Your freedom is maintained by motor insurance, which covers big claims that would otherwise be quite expensive. One of your most valuable possessions is your car. Give it the attention and defense it deserves.
Natural disasters that cause loss or damage to your car include: earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, and rockslide.
Loss or damage to your vehicle caused by man-made disasters, including: theft, riot, strikes, malicious acts, external accidents, terrorist activities, and any damage sustained while traveling by road, rail, inland canal, elevator, lift, or air.
Personal Accident Coverage: Rs. 15 lakh in coverage for the owner-driver of the vehicle when operating the vehicle, traveling, and getting on or off the four-wheeler. There are also optional personal accident insurance options for passengers, hired drivers, insured drivers, and drivers.
Third Party Legal Liability: Defense against legal responsibility for unintentional harm to the nearby property and/or harm that results in a person's permanent injury or death.
Further Covers:
Depreciation removed from the cost of the items replaced as a result of an owner-reported damage claim is known as Nil Depreciation or Depreciation Reimbursement.
Key Replacement, Key Loss, or Replacement costs for locks and keys include those associated with replacing lost or stolen car keys. You will be reimbursed for the cost of installing new locks or buying new keys for the insured vehicle in the case of an irrecoverable loss of keys or a security risk resulting from a loss of the same.
Engine Secure or Engine Protector: Repair and replacement costs for internal engine, gear box, transmission, or differential assembly parts that are lost or damaged. As long as the loss or damage was brought on by the engine getting wet or the assembly in question leaking lubricant. We will also cover the cost of any lubricating oils or consumables—material that is consumed and need regular replacement—such as engine oil, gear box oil, etc.—but not fuel.
Tyre Secure: Costs associated with repair and/or replacement of tires and tubes that may be necessary due to accidently losing or damaging them.
Roadside help, also known as 24x7 Spot Assistance, is a Pan-Indian cover for motorists who require assistance while on the road. This service is offered to take care of your car and your concerns in the sad event that your car has an accident or breaks down. The following are a few of the advantages: Service for Flat Tire, Flat Battery - Jump Start Service, Repair on the Spot, Fuel Support (Emergency Fuel Delivery), Emergency Towing Assistance, Spare Key Retrieval/Service for Key Locked Inside, Continuation/Return Journey (Taxi Support), Legal advice in case of an accident, and many other services.
Consumable costs: The price of consumables that must be renewed or replaced following an accident involving the insured vehicle. Engine oil, gear box oil, lubricants, nuts, bolts, screws, distilled water, grease, oil filters, bearing, washers, clips, break oil, air conditioner gas, and other things of a like sort are considered consumable for the purposes of this article. Fuel is not considered a consumable item.
Return to Invoice: In the event that Your Vehicle is a Total Loss/CTL as a result of an accident or is stolen during the insurance period and not recovered, the financial shortfall between the amount you receive under section 1 of the policy and the purchase price of the Vehicle as confirmed in the invoice of sale OR current replacement price of a new vehicle in the event exactly the same make/model is available, whichever is less. Additionally, pay back the road tax and first-time registration fees you paid for the insured vehicle.
Accident Shield: If an accident that occurs while the occupants are in the insured car results in bodily injury, compensation will be granted for total permanent disability or death of occupants (other than a paid driver).
Conveyance benefit or Transportation & Hotel Expenses: If the insured car is in a workshop as a result of an accident and the claim for the same is accepted, the insured will receive a "per day" cash benefit, depending on the plan chosen by the insured.
Loss of personal belongings or personal baggage: The insured is covered in the event that any harm comes to their personal belongings that are kept in their insured vehicle. Car/Motor insurance policies cover damage brought on by the above risks.