Motor insurance provides financial assistance in the event of any physical damage to your vehicle or bodily harm and covers against third-party liability. It covers a gamut of circumstances related to your vehicle.
Comprehensive motor insurance covers you and your vehicle against both natural as well as man-made calamities. It offers you complete peace of mind, and assures you are secured against any financial losses arising from damage or breakdown of your vehicle.
In addition to a comprehensive list of natural calamities, it also covers man-made calamities like theft, burglary, riots, strike, malicious acts or terrorist activity, as well as damage in transit.
The insurer offers comprehensive motor insurance coverage for cars and two-wheelers at affordable premiums.
While the comprehensive policy provides coverage to you and your vehicle, the third-party liability plan covers only external parties. This is a mandatory component of motor insurance in India.
The insurer offers liability only policies for commercial vehicles such as goods and/ or passenger-carrying vehicles, private and public carriers, and other special types of vehicles. But it does not stop just at that. This policy offers personal accident cover for the owner or driver, including accidental death and total disability.
Add-ons are additional features that can be added to a motor insurance policy to enhance its coverage. This is important because standard motor insurance policies have exclusions like mechanical/ electrical breakdown, damage to the engine, normal wear and tear of the vehicle and consumables, etc.
Add-ons can help you reduce these limitations and expand the coverage. Some of the key add-ons are:
