ICICI Lombard Motor Insurance

MOTOR INSURANCE

It is becoming increasingly expensive to maintain a motor vehicle incase of damage caused to the vehicle due to some unavoidable circumstances or accidents. The motor insurance policy helps you in maintaining your vehicle in such situations by covering you against any loss or damage to/by your vehicle.

Motor vehicle insurance includes private cars, motorized two wheelers, and goods carrying vehicles, tractors and commercial vehicles excluding vehicles running on rails.

 

COVERAGE

Motor Insurance policy provides cover under three main headings as under.

OWN DAMAGE: Covers you for any loss or damage to your vehicle or accessories due to:

·                     Fire, Explosion, Self-ignition or lightning.

·                     Burglary, Housebreaking or theft.

·                     Riot and strike

·                     Earthquake (fire and stock damage)

·                     Flood, typhoon, hurricane, storm, cyclone, hailstorm, frost.

·                     Accidental external means.

·                     Malicious Act

·                     Terrorist activity

·                     Goods in transit by road, rail. Inland -waterway, lift elevator or air.

·                     Landslide or rockslide

PERSONAL ACCIDENT COVER: Provides personal accident cover for individual owner of the vehicle while driving. You can also opt for a personal accident cover for other passengers.

THIRD PARTY LEGAL LIABILITY: Covers for legal liability arising due to accidental damage for.

·                     Any permanent injury/death of a person

·                     Any damage caused to the property.

In addition to all these several add on covers can be opted for.

ADVANTAGES:

·                     No Claim Bonus: If you do not make a claim during the policy period, a No Claim Bonus (NCB) is offered on renewals. This bonus can go as high as 50% of the own damage premium.

·                     The policy may be designed to cover the owner, the driver and the owner's family. You can also opt for a personal accident cover for other unnamed passengers in your car.

·                     Customize your insurance with additional covers: Electrical and/or non-electrical items fitted to the vehicle can be insured separately. You can also cover your bi-fuel system such as CNG.

·                     The policy provides for cashless settlement with network/partner garages for repair claims.

 

PREMIUM

The premium for motor depends primarily on the following factors:

·                     Type of vehicle

·                     Age of vehicle

·                     Period of coverage

·                     Discounts (in case of no claim)/loadings

·                     Insured declared value (IDV), which is the value of vehicle on basis of age.

CLAIM PROCESS:

Cashless transaction

·                     Inform the 24*7helpline with details of accident and policy /cover note.

·                     Help line registers the claim and provides the claim number.

·                     Submit document to workshop (claim from, driving licenser copy, policy copy)

·                     Customer service manager surveys in 24 hrs

·                     Repair of vehicle

·                     Reinsertion and cashless facility confirmation

·                     Delivery of the vehicle.

In case of reimbursement process, you will have to submit document to ICICI Lombard, and we will make the payment within 14 days of completion of document.

(we=company)

If you want to buy this one policy please contact me 9886043598 / 9886315785