Motor Vehicle Insurance is an insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
Comprehensive + Triple cover
YOUR MAIN COVER CHARACTERISTICS
Own Damage Occurences:
Accidental Collision, Fire, Theft, Riots, Strikes, Lock-Outs, Cyclone, Tempest & Flood, Tidal Wave and Tsunami
Loss of Use Cover
Replacement vehicle following damage caused to the vehicle up to 15 days per claim not exceeding 45 days per year.
AAA Towing/Breakdown Services – Tel No. 8980
We have the pleasure to offer the following extra coverage for your brand new private car a as per terms detailed hereunder:-
WAIVER OF EXCESS
We will waive the excess for the first claim within the first year of Insurance.
LOSS OF USE EXTENSION
In addition to your loss of use cover, you will benefit of a replacement car for 7 days in case of Mechanical or Electrical breakdown.
NEW CAR REPLACEMENT
We will replace your car by a new one of the same make, model and specification in case of a total loss. Indemnity paid up to 110% of sum insured.
EXTRA AIRFREIGHT EXPENSES
We will pay the extra airfreight expenses up to an amount of Rs.10,000, if spare parts are not locally available.
LOSS OF CAR KEYS & LOCK REPLACEMENT
We will pay for the cost of the replacement of car keys and lock transmission in the event of a loss or theft, up to an amount of Rs.10,000 without applying any excess.
We will pay up to an amount of Rs.10,000 for loss or damage towards your personal belongings present in the vehicle in case of fire or theft.
- In addition to a total loss payment, we will refund the vehicle’s original registration fees.
- We will settle your total loss claim within two working days upon receipt of all documents.
NO CLAIM BONUS
In case no claim is submitted, we will apply a discount on the premium at renewal of your Policy.
We will pay for damaged or broken windscreen without applying any excess.
DAMAGES CAUSED BY RODENTS
We will pay for damages to your vehicle caused by rodents, up to a limit of Rs.10,000.
We will pay for damages caused to your vehicle due to misfuelling, up to a limit of Rs.20,000.