Zero Depreciation or Nil Depreciation add on cover allows the insurer to pay the claim towards replacement of spares without deduction towards depreciation, thereby paying 100% cost of replacement.
Continue reading “Zero or Nil Depreciation Cover”Additional electrical and non-electrical accessories fitted in the vehicle can be covered by opting and declaring the value of such accessories.
Continue reading “Cover for Accessories”Under this add on cover, the insurer will pay for the charges related to towing the vehicle to the nearest/network garages for repair in case of an accident. This cover is a part of road side assistance.
This cover is over and above ‘Invoice Cover’, where in case of a total loss of vehicle, the insurer will pay the cost of road tax for the new vehicle purchased.
This cover is required if paid/salaried drivers are employed. There is a legal liability for the owner to protect such paid drivers during their working hours under the workmen compensation act.
Baggage, personal belongings of the insured, if lost in an accident is covered under this add on.
Continue reading “Baggage Cover”This cover pays for the cost of hiring an alternative vehicle if the insured vehicle is stolen or while under accidental repairs.
Continue reading “Daily Allowance”This cover pays for money spent on nuts and bolts, screen washers, engine oil, etc. in the event of accident to the vehicle which are normally not paid under standard motor policy.
Continue reading “Cover for Consumables”Engine Protect is an add-on cover which provides protection against damage to engine and its parts due to ingress of water, which is common during monsoon.
Continue reading “Engine Protect Cover”NCB Protection (NCB Protector) add-on cover protects the No Claim Bonus earned until previous year, even if there is a claim in this year’s policy. No Claim bonus (NCB) is applicable on renewal of the policy for every claim free policy year.
Continue reading “NCB Protection”