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.
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”Invoice cover allows the Insurer to pay the invoice price of the vehicle due to an event of total loss or theft of the vehicle.
Continue reading “Invoice Cover or Return to Invoice”This add on is applicable if the vehicle keys get misplaced or stolen or lost. Insurers will compensate for the cost of replacement of key and lock.
Continue reading “Key And Lock Replacement Cover”Under this add on cover, in the event of breakdown of vehicle, insurers will extend assistance on the spot like providing refuelling, towing, change of flat tyre, battery, minor repairs, accommodation assistance to make the vehicle mobile and comfort to the insured. However, the scope and value of cover will differ from insurer to insurer based on their product plan. Few insurers offer minimum scope of 24/7 assistance at free of cost and others charge a premium.
