How Much Do You Know About Car Insurance?

How Much Do You Know About Car Insurance?

The Motor Vehicles Act makes it compulsory for all motor owners to get their motor vehicles insured for third party liability cover. As such if you are planning to own a car then you are required by law to get your car third party liability insured.

Yet there is much more to car insurance than only third-party liability cover.
Future Generali car insurance solution provides a total car insurance package including third party liability insurance.

Inclusions Under Future Generali Car Insurance Plan

Future Generali car insurance policy includes the following under its ambit:

Third Party Liability Cover: Under the policy, third party liability cover is provided as per the stipulations of the motor vehicles act. Third party liability cover includes cover for injury, death and disability of third party or damage to property of the third party by car. The third party can be outside the car or seated inside the car.

Personal Accident Cover: This includes up to Rs 1 lakh cover for death or disability of owner while in the car due to the accident. Personal accident cover can also be sought for car driver and people known to the owner who can be family members, employees or other known people who may be seated inside the car (up to Rs 2 lakh).

Car Insurance: Under this feature, the car is insured against exigencies such as theft, accident, damage due to fire, damage due to natural calamities, damage due to riots or sudden acts of human violence.

Assistance: Future Generali provides assistance to policy holders in times of emergencies which include motor towing and repair assistance.

Exclusions under Future Generali Car Insurance Policy

The claims of Future Generali Car insurance policy are not honoured under several conditions which majorly include:

Normal Wear And Tear Of The Car: Car is a depreciable asset. With time and increased usage wear and tear may occur and these are not covered under car insurance cover. The expenses for correcting a decrease in car performance and deteriorated condition of car parts like tyres and other conditions which fall under normal wear and tear category need to be borne by the car owner.

Willful Negligence on The Part of Car Owner: If the owner has neglected the required maintenance and services of the car then there can be an accident due to malfunctioning of the vehicle on the road because of being deprived of proper care and the claim may get rejected on these grounds. Hence it is always advisable to get the regular maintenance done and preserve the service records.

Disregard to Rules and Regulations: If car meets with an accident due to going against driving and traffic rules then personal accident cover is ruled out and car cover is not provided if the person driving was the car owner.

Invalid Driving License: It is always advisable to pocket a valid driving license while driving. The occurrence of an accident while driving without a valid driving license can lead to the dishonour of applicable claims.

Inebriated Condition: If driver meets with an accident while under the effect of intoxicating substances, then personal accident cover is ruled out, and car damage cover is also ruled out if the person driving the car was the car owner.

Features and Benefits of Future Generali Car Insurance Policy

The prominent features and benefits of Future Generali Car Insurance Policy include:

• Car insurance policy can be issued instantly online
• Car insurance policy and No claim bonus can be transferred
• No claim bonus up to 50%
• Towing assistance for car upon breakdown or accident
• Network of more than 2500 repair workshops across the country
• Cashless settlements in networked repair workshops
• Easy and swift claim settlement process
• Car insurance premium discounts on

           Voluntary excess
           Anti theft devices
           Membership in recognized associations

• Personalized services and interface points (under Future Express and Future Express +)
• All time emergency assistance through customer helpline services

About Future Generali General Insurance Company

Future Generali GIC is a joint collaboration between Indian conglomerate Future Group and Italian global insurance leader Generali. The IRDAI registration number of the general insurance company is 132. The company has registered office in Mumbai and presence in more than 125 locations in India. The company has been creating industry performance benchmarks since its inception in September 2007.

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Iffco Tokio Motor Insurance: At a Glance

Iffco Tokio Motor Insurance: At a Glance

Life is unpredicted. None can predict accidents and mishaps. It comes all sudden and may wipe off your long-term savings. There is a saying “Prevention is better than cure”. It is applicable to your vehicle as well.
By not insuring your car, you are welcoming the risk, as insurance is the only safety measure that one can opt for to remain protected financially. Motor insurance helps you stay safe in the wake of consequences.

Many insurance companies have joined the race of making their product appealing and hence introduced a huge range of insurance products. Among them, IFFCO Tokio motor insurance policies are worth mentioning. The auto insurance policies designed by Iffco Tokio General Insurance Company have been deliberated to cater to the requirement of those who want to prepare for any calamity related to their two or four wheelers. Let’s have a glance at various coverage offered in Iffco Tokio auto insurance policy here:

Iffco Tokio Motor Plans	Coverage
Third Party Cover	Up to 7,50,000
Personal Accidental Cover	Up to 2,00,000
Own Damage Cover	It covers the damages to your car due to any natural or man-made calamities

Iffco Tokio Auto Insurance Benefits

• Experience a hassle-free and fast process. Electronically signed documents can be issued at the insurer offices, POS centres or can avail online 
• The door to door services on a request basis for fresh or renewal of the policy, free inspection in order to break non-continuation insurance ratio. 
• Fast cashless claim settlement at more than 2,000 network garages. 
• Experienced surveyors for attending your claims on an urgent basis 
• 24x7 prompt customer service 
• Online e-survey claim module to lower the TAT in claim settlement 
• Emergency service including ‘On Road Protector Coverage’ at a nominal extra premium, add-on benefit like ‘Value Auto Coverage ‘by paying a small amount of premium extra.

Also Read: Auto Coverage Policy By Iffco Tokio Car Insurance

Iffco Tokio Auto Insurance Exclusions

• Incidents that occurred out of the geographical zone
• Any loss due to natural wear & tear
• In case the driver didn’t carry a valid license when the accident occurred
• Any loss or damage caused due to driving under the influence of alcohol or drugs.
• If the car is used for the purpose other than the mentioned in the policy

What the policy covers:

Any loss or damage to your vehicle due to the following

• Fire, explosion, and self-ignition 
• Flood, earthquake, storm, landslide, rockslide, inundation, typhoon, tempest, cyclone, hailstorm, hurricane, frost, lightning 
• Theft, burglary, terrorist attack, riot, strike, damage in transit by road, rail, air, waterway, lift, elevator, accidental external damage. 
• Legal liabilities to third-party for accidental death or property damage up to 7,50,000 caused by the insured vehicle. The coverage is given in a form of compensation amount may include claimant’s cost and defense expense which is incurred with insurer’s consent. 
• Personal accidental cover up to Rs. 2,00,000 lakh for owner-driver while traveling in, mounting or dismounting from the vehicle. The insurer will compensate for accidental death or permanent disability. 
• Roadside assistance cover including towering the car to the garage for repairing/ removal or redelivery cost up to 1500

Iffco Tokio Auto Insurance Add-on Coverage

On payment of an additional premium one can get the below additional benefits with this policy:

• Get a cover for loss or damages to electrical/non-electrical items, CNG or LPG fuel kit. 
• Also get personal accidental coverage for unlisted persons. 
• Extended liability coverage for driver/conductor. 
• Coverage if the insured vehicle participates in rallies.

Buying an insurance plan for your vehicle you not only securing yourself financially but also can increase the life span of your vehicle!

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5 Questions to Ask Before Filling a Car Insurance

5 Questions to Ask Before Filling a Car Insurance

Making an insurance claim is a simple and stress-free process if everything goes well. As a policyholder, you always tend to file your claim in a hassle free manner. With the advent of many car insurance companies, it is most important to know your plan thoroughly.

If you’re lucky, you won’t need to claim car insurance. But that doesn’t take the guarantee for any mishap. So it is better to figure out if you have a good insurance or not. And until you use it, you can’t measure it.

It is a must for you to read the terms and conditions while buying an insurance plan. But whether you read it or not, you should know what your car insurance covers. And this way you can find out whether the plan is good for you or not. It is probably not the best time to decide if you have a good insurance plan or not when you’re in the middle of a stressful situation. The market is full of insurance companies and many plans have arrived to excite you the most. There is no exception with auto insurance. As the competition rise, the car insurance companies have come up with stirring plans, leaving the only option for you to compare and decide. Among them, you can consider Future Generali Car Insurance plan and relate your requirement with their quotes. Hereby, in this article, we offer up few advice and questions that you should ask before filing a car insurance claim. Here we go:

1. Does My Car Insurance Cover Rental Reimbursement While My Car is Being Fixed?You may not need to buy the coverage separately if your motor insurance company includes a minimum amount of rental reimbursement. Obviously, if the amount is not up to your mark, then you should buy one.
2. Does My Policy Cover Someone Else Driving the Car at the Time of Accident, Irrespective of Listed as a Driver or Not in the Policy?Some insurance companies straightway reject insurance claims based on that the driver was not listed on the policy at the time of buying. The treatment varies company to company and you should know it well how your company treats it.
3. Do I Have to Repair My Car After an Insurance Claim?It is mandatory to get the car repaired if you have a loan on your vehicle and or want to continue with full coverage on your vehicle. In case you don’t want to go with full coverage and own the vehicle outnright then it is completely your call whether to make the repairs or not.
4. What are all included in a Comprehensive Car Plan?A comprehensive plan covers everything from deer, theft, fire, vandalism except collision. 
5. Will My No Claim Bonus Get Transferred if I Change My Insurance Company?Yes, No Claim Bonus can be transferred. You’ll have to produce a proof stating that the NCB earned by you from the current insurer. You can produce a letter confirming the NCB entitlement from the previous insurer as a proof.

Car insurance claims and related questions go hand in hand. Relating these FAQ’s, with your requirement while buying a plan is necessary. It is true that no policy can cover the possible situations, but most good policies almost cover most of them. Sometimes, people decide not to have certain coverage, as they are too expensive or not necessary or their car is not worth having them. Hereby, you should know your requirement. You can take help from the agent. They’ll guide you better to choose the proper plan that suits your need. However, it is always advisable to compare various plan and shortlist the final one!

The Need to Have Insurance Awareness: Future Generali

The Need to Have Insurance Awareness: Future Generali

The general insurance sector is witnessing tremendous growth in India. There is no harm in creating awareness about general insurance in India. It will help the insurance buyers in many ways. They will be able to make an informed decision that will be able to ensure their well-being.
At the same time, it will provide them with financial security and stability. With more and more awareness about the insurance, many people can be benefitted from the advantages of the insurance.

When you are financially secured, you have your peace of mind. You don’t have any tension of unpredictable medical emergencies as you will be prepared for it.

Firstly, it’s high time that people should be aware of the importance of the insurance instruments. It is unfortunate that in our country, insurance is still perceived as a luxury instead of a basic necessity. Sufficient insurance coverage provides an extra layer of protection against financial crunch which can be triggered by any situation of crisis. Improving insurance awareness would result in improved insurance penetration across the country.  That would be great because so many people could be benefitted by the benefits of insurance.

Future Generali car insurance provides an extra layer of protection to you and your vehicle against any injury, accident, damage etc.

Taking positive baby steps in this direction, Future Generali India Insurance Company has worked on collaborating with the Non-Governmental Organizations (NGOs) along with the micro-finance institutions. It will help in creating awareness among the potential consumers on the various insurance instruments available in the market including health insurance, rural insurance, car insurance etc.

The group lays stress on developing strong business insights on Indian customers and generating business on the basis of Indian ideas.

Furthermore, Future Generali is working on revamping its channel of distribution. They have plans to hire 2,000 new agents to enhance its existing network of agents so that its goals are accomplished. The insurance provider is working to cement its channel of Bancassurance. The company has entered into its Bancassurance partnership in order to offer life insurance solutions to its customers. It will closely work with the bank making sure that their clients get competitive terms and possibly best services so that its customers are benefitted.

Apart from that, Future Generali group has witnessed a rise in online insurance purchase and renewal. Now, a satisfying percentage of the total insurance sale comes from online mode. Going forward, the millennial will be the main customer base in the future. As per Future Generali, the technologically advanced generation that prefers doing things at the clicks of a mouse are in for buying and renewing insurance online.

The insurance house is anticipating 25 percent growth in its current fiscal year with concentrating on the retail sector. The growth is expected from its various segments with special attention to motor insurance, liability insurance, marine cargo, personal accident and individual health policy. For the current year, the company has locked its focus on rural insurance.

Maruti Insurance Plan - All Insurance Plans Explained

Maruti Insurance Plan - All Insurance Plans Explained

Authorized by the Insurance Requirements and Development Authority of India (IRDAI), Maruti Insurance Booking Private Limited are an Insurance company established for checking all the automobile insurance requirements of their clients.
Affiliated with some of India's top notch Insurance companies, reputed for their client-centric methods.

Why buy Maruti Insurance Plan?

Maruti Suzuki services are spread all around India and offer a 100% return sum from insurance for automobile damage. The service centers for Maruti are all fully equipped with advanced amenities with first-rate mechanics and great infrastructure. The Maruti Insurance Plans guarantees superior quality with repairs, replacement of original parts and service from highly skilled technicians.

The customer care in Maruti is what makes 90% of all buyers opt for taking up the Maruti Insurance Plan for their vehicle. The affiliation of Maruti with some of India’s greatest Insurance carriers like Bajaj Allianz, ICICI Lombard, National Insurance, Royal Sundaram, New India Assurance and Iffco Tokio General Insurance allows customers to have more flexibility when choosing their plans. 

Maruti Insurance Plan depreciation calculator:-

Age of vehicle	% of Depreciation
Not exceeding 6 months	Nil
Exceeding 6 months but not exceeding 1 year	5%
Exceeding 1 months but not exceeding 2 year	10%
Exceeding 2 months but not exceeding 3 year	15%
Exceeding 3 months but not exceeding 4 year	25%
Exceeding 4 months but not exceeding 5 year	35%
Exceeding 5 months but not exceeding 10 year	40%
Exceeding 10 years	50%

Features and Benefits of Maruti Insurance plan

• Damages due to accidents are repaired almost for free.
• There is unified service provided all across the country.
• Stress free, transparent and objective settling of claims.
• Superior repair work at approved dealer garages.
• Free towing facility with dealer assistance.
• Instant and easy transfer of no claims bonus.

Inclusions of Maruti Insurance Plan

• Includes protection against damage due to natural calamities like earthquakes, landslides, lightning as well as man-made calamities like break-in, theft and burglary.
• Protection against any damage caused during transit by rail, road, air, inland waterway or lift.

Exclusions of Maruti Insurance Plan

• Damage that is caused due to the routine wear and tear or aging of the vehicle.
• Damage that is caused by a person driving without a license or under the under the influence of intoxicants.
• Electrical or mechanical breakdown of the vehicle, depreciation or any consequential loss

Documents Required

Getting a Maruti Insurance Plan is one of the simplest ways to ensure Car Insurance for yourself and your vehicle. There are several ways of getting car insurance. The process for getting insurance can be done online as well. For this, one needs to fill up a form for car Insurance generated by Maruti Suzuki. The documents that are needed for this are ID proof, address proof, income proof, driver's license, report card of the policyholder and the general papers of the car.

Once the documents are successfully submitted, the customer can choose from among the 11 car insurances that Maruti Insurance Plan has to offer in alliance to other Insurance companies.

Anyone who owns a car has a valid driver’s license and is above the legal age of 18 years can apply for Maruti Insurance Plan.

Claims Process for Maruti Insurance Plan

The claims process begins when the policyholder wants to make repairs to his vehicle due to certain events. The claims form is filled up by the policyholder estimating the cost for repairing the damage and the extent of damage is written down thoroughly. This is submitted to the Maruti Insurance Plan company for the claims process.

A surveyor is sent by the company to cross-check the amount of damage caused to the vehicle. The surveyor sees the damage that is done and gives his own repair quote to the company.

The company sends the vehicle to one of the authorized garages for repair of the damaged vehicle. Another surveyor comes and checks the repairs that have been done on the vehicle. Once satisfied, the garage sends the repaired vehicle back to the policyholder.

If there are no claims that are made from the policyholder during the duration of the policy then the holder gets the no claims bonus feature upon renewal of his/her policy. The no claims bonus gives a discount to the policyholder upon renewal of the Maruti Insurance Plan.

Maruti Insurance Plan no claim discount rate:-

Details	Discount
No claim made during 1 year of insurance	20%
No claim made during 2 year of insurance	25%
No claim made during 3 year of insurance	35%
No claim made during 4 year of insurance	45%
No claim made during 5 year of insurance	50%

Tata AIG Car insurance Benefits And Reviews

Tata AIG Car insurance Benefits And Reviews

Tata AIG General Insurance Co. Ltd. is a joint venture between the Indian-based Tata Group and the American-based American International Group (AIG). Tata Group has 74 % of the shares in the insurance venture, and AIG has the remaining 26% shares.

The expertise and knowledge embedded in AIG’s global operations and Tata’s domestic market and customer base together make Tata AIG Car Insurance one of the leading car insurance companies in India. 

Tata AIG Car Insurance plans have features that have your damages covered in case your vehicle meets with any accident. Their motor insurance policies offer several benefits to policyholders. 

Why Choose Tata AIG Car Insurance

There are several advantages of choosing Tata AIG Car Insurance as your car insurance policy. Some of them are: 

• Continuous Coverage- When your online purchase of the policy is complete, an e-copy of the policy is sent to you. You do not have to wait for the physical copy to arrive at your doorsteps to start your policy.
• 24x7 Support- Tata AIG’s Car Insurance has a reputed customer support center which is there to address all your queries and issues 24x7.

Criteria	Specifications
Third Party Cover	Up to 7.5 L
Cashless Network Garages	2000+
Incurred Claim Ratio	83.74%
Net Earned Premium*	127273
Covers Provided	Basic Cover, Road Side Assistance

Reliable, Easy and Fast-It is much easier to buy a car insurance online, and the process is very rapid.

Documentation Process Simple and Short- When you are applying for Tata AIG Car Insurance online, you do not have to submit any documents or verifications immediately. They can be taken care of at the time of filing a claim.

Tata AIG Car Insurance Plans

Tata AIG Car Insurance offers several different add-on packages to the basic car insurance policy. The following are the inclusions of each and every add-on.

Tata AIG Car Insurance Gold

This plan has the following benefits:

• Covers loss of personal belongings
• Key replacement
• Expenses incurred in case of breakdown or accident, emergency travel, etc.
• Repairs for plastic, fiberglass and rubber parts
• No claim bonus protection

Tata AIG Car Insurance Pearl

This plan has the following benefits:

• Cover for the restoration of glass, rubber, fiber, and plastic portions of the car.
• No Claim Bonus (NCB) protection.
• Coverage for damage to private belongings.
• Transport and hotel expenses in case of emergency.
• Replacement of lost keys.
• Added protection with depreciation reimbursement.

Tata AIG Car Insurance Pearl Plus

This insurance policy’s objective is to increase the protection provided to the customers and decrease the liability they have to face. This plan has the following benefits:

• Cover for the restoration of glass, rubber, fiber, and plastic portions of the car.
• Coverage for machinery that requires replacement after an accident 
• Road-side Assistance Coverage for damage to personal belongings.
• Replacement of lost keys
• Added protection with depreciation reimbursement
• Emergency transport and hotel expenses in case of delay due to vehicle issues.

Tata AIG Car Insurance Titanium

This plan offers the following benefits:

• Cover for the restoration of glass, rubber, fiber, and plastic portions of the car.
• No Claim Bonus (NCB) protection.
• Coverage for damage to personal belongings.
• Transport and hotel expenses in case of emergency.
• Replacement of lost keys.
• Added protection with depreciation reimbursement.

Tata AIG Car Insurance Platinum

This is the most comprehensive and benefits filled car insurance plan as compared to the other options- Gold, Pearl, and Titanium. This plan offers the following benefits:

• Cover for the restoration of glass, rubber, fiber, and plastic portions of the car.
• No Claim Bonus (NCB) protection.
• Coverage for damage to personal belongings.
• Transport and hotel expenses in case of emergency.
• Replacement of lost keys.
• Added protection with depreciation reimbursement.
• Return to Invoice

Tata AIG Car Insurance Exclusions

The following are the exclusions of Tata AIG Car Insurance:

• Consequential loss
• Damages beyond specified usage limits
• Inadmissible claims
• Damage caused by an unauthorized driver
• Nuclear damage
• Damages caused by war or related activities
• Depreciation or wear and tear
• Breakdowns/failures/breakage
• Tires or tube damage
• Drunk Driving

Claim Process of Tata AIG Private Car Insurance

Cashless Claims

• First, you have to report the damage due to an accident to Tata AIG through the 24 hours helpline number- 1800-11-9966.
• The authorities from Tata AIG will scrutinize the damaged vehicle. They will then compose a damage evaluation within 48 hours.
• Tata AIG will then approve the amount in accordance with your Tata AIG Car Insurance policy,

Reimbursement Claims

• First, you have to report the damage due to an accident to Tata AIG through the 24 hours helpline number- 1800-11-9966.
• The authorities from Tata AIG will scrutinize the damaged vehicle. They will then compose a damage evaluation within 48 hours.
• After this, the policyholder has to submit all the required documents to Tata AIG. The documents include,
• The completely filled claim form
• Driving license of the person driving the car at the time of accident
• Vehicle registration document
• FIR copy

Tata AIG evaluates the claim and reimburses the sanctioned amount to the policyholder.

Features Of Commercial Vehicle Insurance Plan

Features Of Commercial Vehicle Insurance Plan

Car insurance is something that one cannot ignore because it is mandatory according to the law. Of course you can get away with third party insurance, but it is not sufficient. Comprehensive vehicle insurance is necessary to ensure that you are protected from any kind of financial loss due to damage to the vehicle.

                 

Why commercial vehicle insurance is necessary?

Commercial vehicles are more prone to accidental damage because they usually travel longer distances on roads which are not well maintained. This is why it is necessary to get all commercial vehicles insured properly. At the same time, commercial vehicles are more prone to damage due to natural calamities because of the fact that they are compelled to travel in any kind of weather conditions. Hence it is important to avail commercial vehicle plans because:

• Protecting your vehicle which is an important asset and investment
• In some plans you also get coverage for payment of medical bills in case of accidents
• The insurance company will also take care of the expenses of a lawsuit related to any accident
• The insurance plans also pay for theft and vandalism apart from accidents and natural calamities
• You get peace of mind knowing that you are well protected in case of any mishap

Different insurance companies provide different coverage under their commercial vehicle plans, but the most comprehensive coverage is provided under the commercial vehicle insurance plan by Reliance car insurance. Let us look at some of the salient features of the commercial vehicle insurance plans offered by good companies.

Loss or damage to the vehicle due to the following reasons:

• Fire, explosion, lightening or self ignition
• Burglary, theft, housebreaking’
• Riot, Strike
• Inundation, cyclone, hailstorm, frost
• Earthquake
• Typhoon, flood, tempest, storm
• Landslide, rockslide
• Accident
• Terrorist activity
• Malicious activity

If the vehicle is disabled and needs repair, then the company will bear the reasonable cost of protecting and removing the vehicle to the nearest workshop along with re-delivery to the insured. However, such amount will not exceed the amount stipulated for 3 wheeled vehicles, taxis and other commercial vehicles in any one accident.

The insured can authorize any repair of the vehicle which does not exceed a minimum amount stipulated by the insurance company. Any amount more than this has to be approved by the insurance company. For this a detailed estimate of cost of reasonable repairs needs to be submitted to the company.

The Insured Declared Value of the vehicle is the Sum Assured for the purpose of the plan which is decided at the commencement of the plan. The IDV is fixed based on selling price of the manufacturer and the model of the vehicle insured at the inception of the commercial car insurance plan.

Exclusions

There are some things that most insurance companies will not pay for and these are known as exclusions

• Damage due to war, invasion, act of foreign enemies, warlike operations and hostilities, civil war, mutiny, military or usurped power, and rebellion
• Loss or damage due to ionizing radiation or contamination by radioactivity from nuclear fuel or from nuclear waste from the combustion of nuclear fuel
• Accidental damage or loss due to nuclear weapons material whether direct or indirect
• Deductible as stated in the plan
• If the vehicle is driven by someone else who is not the driver in the ‘driver’s clause’
• Consequential loss – if there is subsequent loss caused by the original damage, then only the cost of original damage will be covered
• If the vehicle is used for purpose other than the ‘limitations to use’
• Any loss, damage or liability which occurs outside the geographical region described for the vehicle
• Claim arising out of any contractual liability

Thus the insurance plans for commercial vehicles cover almost all reasonable elements and the same is true of the Reliance commercial vehicle insurance.


Also Read About Bajaj Allianz Online Health Insurance Plans

Purchasing A 6 or 12 Month Motor Insurance Policy!!

Purchasing A 6 or 12 Month Motor Insurance Policy!!

The company reliance insurance offers a motor insurance policy at affordable prices. The biggest specialty of motor insurance by Reliance is that, the company has some specially customized plans for the clients so that they are fully satisfied and insured by the company plans.

About the company:

Being the leading source of insurance policies in India, the reliance insurance has been providing its services, in all over the world. Ranging from general to life insurance, the reliance company provides it all. The prime objective of the company is to satisfy both, the client and the company’s profit criteria.

Why to buy a car insurance policy?

There is a huge possibility that people can experience car accidents at any possible moment. All the damage that has been done to the car can be easily repaired, free of cost, if the car is under an insurance policy. All the financial losses which have occurred during the accident come under the car insurance policy’s coverage criteria. If that damage has been cause by some third party, then it is mandatory that he will pay the cost of the damage. But if the owner of the vehicle has bought a motor insurance policy, the company pays all the expenses for the damages caused to the motor. The amount of premium which the insurance company gives is much greater than that of the third party pay.

As per the vehicles act, any person who owns a car, need to have a motor insurance. Only those who have bought car insurance with the purchasing of their car can drive the vehicle on road. Along with covering the injuries caused to the car, the motor insurance policy by Reliance also covers the damages that have been done by the car to any third party person.

Why a reliance car insurance policy?

There are so many points which accounts for the benefits of buying a reliance motor insurance. Let us explore some of the points relate to the same as follows,

• A support team of 24*7 hours is present to solve all the doubts and solve all the queries about the insurance policy, so that the client becomes completely satisfied. 
• A person can also opt for an online insurance policy, which makes sure that the person doesn’t have to run mile, to know about the policy updates. All the latest news and policy updates are sent to the client via SMS, which is much, more easy than the conventional methods. 
• According to the policy laws, if the damage is caused by third party, the person gets the amount for all the repairs and damages caused to the car.
• The two basic types of insurance offered by the company include a comprehensive insurance and insurance of third party.
• If the insurance is for private vehicles, then applying for an online insurance is the best solution that a person can go for. He doesn’t have to submit any documents offline, to avail the online insurance.
• If the person has met an accident, and is in a serious condition the motor insurance company also offers the facility of 24*7 hours cab to the insurer.
• Several types of add-on covers, like accident shield and more are also provided by the company, which provides a lot of benefits to the insurer, enhancing the coverage of the policy. 

So, if you are also planning to purchase a new car, then a car insurance policy is perfect for you, as it comes with so many highlights. Book your car now!