|
|
 |
|
|
|
|
| |
Worried about the renewal of your car insurance back home in India? Now you don't need to ask your family or friends in India to get your car insurance renewed. With ICICI Lombard's Online Car Insurance get your car insured yourself on Remit2iIndia.
What are the features of Car Insurance?
- Covers personal accident and third party legal liability
- Lightning fast Cashless Claims Services
- Avail cashless facilities at network garages
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Policy Coverage
ICICI Lombard’s Motor Insurance Policy is governed by the Indian Motor Tariff. It covers you for:
 |
Loss or damage to your vehicle: The policy covers you against any loss or damage caused to the vehicle or it’s accessories due to the following natural and man made calamities.
Natural Calamities – Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
Man made Calamities – Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.
The rates of the vehicle and its parts are subject to depreciation as per the schedule provided by the Indian Motor Tariff. |
|
Personal accident cover: The motor insurance provides compulsory personal accident cover for individual owners of the vehicle while driving. You can also opt for a personal accident cover for passengers. |
|
Third party legal liability: This protects you against legal liability arising due to accidental damages
- Any permanent injury/ death of a person
- Any damage caused to the property. |
|
|
|
Key Benefits
|
A digitally signed policy is issued immediately through online facility. |
|
You can claim towing charges up to Rs 1,500 through 24*7 call centers. |
|
Avail of the following bonuses and discounts -
No Claim Bonus: If you do not make a claim during the policy period, a No Claim Bonus (NCB) is offered on renewals. This discount can go as high as 50%. (NCB will only be allowed provided the policy is renewed within 90 days of the expiry date of the previous policy.)
Transfer your NCB: You can transfer full benefits of No Claim Bonus when you shift your motor insurance policy to another company.
Voluntary Excess discount: A further discount on the premium is available if you opt for a Voluntary Excess in addition to the Compulsory Excess. (Compulsory Excess is the amount of loss which the insured has to bear in each and every claim.)
Additional discounts: You can also avail of additional discounts if you are a member of a recognized Automobile Association in India.
ARAI devices: In case you have installed ARAI approved anti theft device in your vehicle, you get a discount of 2.5 % on the OD Premium to a maximum of Rs. 500. |
|
|
|
Sum Insured
The vehicles are insured at a fixed value called the Insured’s Declared Value (IDV). IDV is calculated on the basis of the manufacturer’s listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the Indian Motor Tariff.
If the price of any electrical and / or electronic item installed in the vehicle is not included in the manufacturer’s listed selling price, then the actual value (after depreciation) of this item can be added to the sum insured over and above the IDV.
|
|
|
Policy Exclusions
Under this policy, you are not covered against -
|
Normal wear, tear and general aging of the vehicle |
|
Depreciation or any consequential loss |
|
Mechanical/ electrical breakdown |
|
Wear and tear of consumables like tyres and tubes |
|
Vehicle being used otherwise than in accordance with limitations as to use |
|
Damage to/ by a person driving the vehicle without a valid license |
|
Damage to/ by a person driving the vehicle under the influence of drugs or liquor |
|
Loss/ damage due to war, mutiny or nuclear risk |
For more details, kindly refer to the Policy Wordings.
|
 |
Back |
|
|
| |
| |
| |
|
|
|
|
