TATA AIG Car Insurance

Car Insurance from TATA AIG

TATA AIG Car Insurance is offered by TATA AIG General Insurance Company which is a standout amongst the most confided in company in insurance segment. TATA AIG offers an extensive variety of general insurance items. TATA AIG, a joint collaboration between TATA, a confided in name in India and an American Company AIG, market leader in insurance as well as financial services. TATA AIG has specially composed a standout amongst the most important car insurance plans. Car is always considered as an asset and consequently required full assurance against any unanticipated situations and subsequently TATA AIG Car Insurance ventures with its various car insurance plans for doing likewise.

TATA AIG Car Insurance buying or renewal is easy and essentially mandatory for each car proprietor to avoid any mishap while utilizing on roads. Today, with so many cars on roads and increasing number of accidents, car insurance has become important for each car proprietor. Taking care of your car should never be a burden on your budget. With Tata AIG Car Insurance policy, you can without a doubt avoid any hassle arising from a road accident causing any financial or legal liability.

TATA AIG Private Car Insurance Coverage:

TATA AIG Private Car Insurance Policy can be tailor-made to guarantee any private vehicle. TATA AIG Motor Insurance policy covers Own Damage car insurance and also, Third-party liability insurance, which helps car owners at the time when required – in case of any accident or mishaps.

Types of coverage :

Own Damage:

This policy cover any damage or misfortune to the owner's car because of any of the accompanying things:

Accident Fire:

• Lightening
• Self-Ignition
• Explosion
• Theft, Riots & Strikes and / or Malicious Acts and Terrorism
• Earthquake, Flood Cyclone

Third Party or Liability:

This policy is mandatory by the Motor Vehicle Act 1988, it is given by TATA AIG Private Car Insurance Policy which covers any wounds or property damages to the third party. Personal Accident Cover: Coverage with a Sum Insured of Rs. 2 lakh for the owner-driver in case of a permanent total disability or an accidental death on a premium of Rs.100.

Optional Covers:

Passenger Personal Accident cover: Passenger Personal Accident cover can be availed with 100 Rs/individual for a Sum Insured of Rs.2,00,000 for each of the occupants.

Legal liability for Paid driver: Liability cover with a premium of 50 Rs/annually for the paid-driver.

TATA AIG Private Car Insurance Coverage

TATA AIG Private Car Insurance Policy can be tailor-made to guarantee any private vehicle. TATA AIG Motor Insurance policy covers Own Damage car insurance and also, Third-party liability insurance, which helps car owners at the time when required – in case of any accident or mishaps.

Types of coverage :

Own Damage -

This policy cover any damage or misfortune to the owner's car because of any of the accompanying things:

• Accident Fire
• lightning
• Self-Ignition
• Explosion
• Theft, Riots and Strikes and/or Malicious Acts and Terrorism
• Earthquake, Flood Cyclone
• Inundation Transit by Rail, Road, Air and Elevator

Third Party or Liability:

This policy is mandatory by the Motor Vehicle Act 1988, it is given by TATA AIG Private Car Insurance Policy which covers any wounds or property damages to the third party. Personal Accident Cover: Coverage with a Sum Insured of Rs. 2 lakh for the owner-driver in case of a permanent total disability or an accidental death on a premium of Rs.100.

Optional Covers:

Passenger Personal Accident cover: Passenger Personal Accident cover can be availed with 100 Rs/individual for a Sum Insured of Rs.2,00,000 for each of the occupants.

Legal liability for Paid driver: Liability cover with a premium of 50 Rs/annually for the paid-driver

Add-on Features of TATA AIG Car Insurance :

Depreciation Reimbursement Cover:

TATA AIG will pay you the amount of depreciation deducted on the value of depreciable car parts, for example, , rubber, plastic, metal, nylon, and so forth if replaced or repaired under own damage claim of the policy. TATA AIG will pay for the initial 2 claims announced amid the policy time frame. Special Condition: Provided all the repairs are done at TATA AIG authorized garage.

No Claim Bonus (NCB) Protection Cover

No Claim Bonus is the rebate you can avail pertaining to the condition that you didn't hold up any claim in the policy time frame. For first "no-claim" year you get 20% markdown on the premium to be paid for the second year. This is cumulative and consequently, continues increasing with number of "no-claim" years. You can get up to half of markdown for 5 back to back no-claim years.

Note:

• Standalone windscreen glass or rear, glass or entryway glasses, sun rooftop glass, claims won't be considered as a claim.
• Claim of partial theft won't considered as a claim under this cover.
• A claim of a theft for a whole vehicle won't be considered as a claim under this cover, except if the policyholder purchase new car inside 90 days and get insurance from TATA AIG.

Special condition:

Not more than one (1) Own Damage claim is allowed

Consumable Expenses Cover

TATA AIG will cover cost of consumables (brake oil, nuts, fasteners, screws, washers, lubricating oil, and so forth aside from tires and tubes) replacement or renewed arising from an accident or any different dangers as said in the Own Damage area of policy wordings.

Special Condition:

• Given the repairs are done at a TATA AIG authorized garage.
• Motor Secure Cover
• TATA AIG will pay you repair and replacement costs for the misfortune or damage to Internal parts of the moto
• Gear Box, Transmission or Differential Assembly

Given misfortune or damage is because of water ingression in the motor or leakage of lubricating oil from motor. TATA AIG will also pay for the lubricating oils or consumables utilized in the individual assembly i.e. material, which is spent and needs constant renewal, for example, motor oil, gear box oil and so on.

Please Note: TATA AIG shall not reimburse you under this support in regard of Misfortune or damage covered under manufacturer warranty; this by no chance covers misfortune or repair in case of maintenance or preventive maintenance of car.

On the off chance that the policyholder delays to intimate the TATA AIG for the same, the claim won't be approved or delays to expel from occurrence location which may cause.

Minor wear and tear of the protected vehicle.

Tire Secure Cover :

TATA AIG will covers the caused cost for repair, replacement of tube(s) and tyre(s) according to the necessity because of the accidental misfortune or damage to tires and tubes. The replacement of tire shall be allowed on the criteria that the replaced is of the same make and specification. And in case, if similar kind of tire isn't available, the cost of the replaced tire should not be higher or of prevalent quality than the original one. Maximum of 4 (four) replacements will be allowed amid the Period of Insurance. This add-on does not cover:

Natural wear and tear :

• Any misfortune or damage inside initial 15 days of initiation of the policy
• Any misfortune or damage happened before initiation of the policy
• Any misfortune or damage bringing about to total loss of vehicle
• Routine maintenance including adjustment, alignment, balancing or rotation of wheels/tires/tubes.
• Misfortune or damage to wheel accessories, any other part or edge
• Theft of tyre(s)/tube(s) or its parts accessories without vehicle being stolen or theft of whole vehicle

Special Condition:

Given the repairs are done at the authorized garage.

Key Replacement Cover:

Key Replacement – TATA AIG will repay you for the cost of replacing guaranteed vehicle keys which are lost or stolen. Break-in Protection – TATA AIG will repay you for the cost of replacing locks and keys, including labor charges, if the guaranteed vehicle is broken into.

Please note: Costs other than those recorded above area are not covered and additionally, the cost to replace keys of vehicles that isn't owned for personal utilize.

Roadside Assistance Cover :

It's a service facilitated to take care of your vehicle and your stresses in an unfortunate occasion of your vehicle meeting with an accident or breakdown. A portion of the benefits are as per the following: Service for Flat Tire, Flat Battery – Jump Start Service, Repair on the spot, Fuel Support (Emergency fuel conveyance), Emergency towing assistance, Spare Key Retrieval/Service for key bolted inside, Continuation/Return Journey (Taxi Support) This add-on does not Covers:

• Loss of or damage to luggage or other personal impacts that may happen amid the services performance. (Check loss of personal belongings cover)
• Vehicles should not be utilized to race, rallying, engine sports, or in any instance where the Vehicle isn't being utilized as per applicable laws and regulations.

Return to Invoice :

TATA AIG will pay in case car gets stolen or totally damaged, you get the repayment of guaranteed car receipt cost, including registration charges and road tax. Special conditions applicable to this benefit: a) You are the principal enlisted owner of the engine vehicle b) The finance company/bank whose premium is embraced on the policy must agree in composing. Special Condition an) If final investigation report – No Trace Report by police should be submitted, affirming the theft of the protected vehicle in case of theft claim.

Civility/Hire car :

This cover lessen the brother that may arise if the car is in garage for repair for over 24 hours or in case of theft. Under this cover, TATA AIG will pay the cost of a contract vehicle for 8 hours or 80 km whichever is lesser.

Special condition:

TATA AIG will repay the cost of Courtesy/enlist inside 10 days in case of repair and 15 days in case of theft.

Obligingness/procure vehicle will arrive inside 24 hrs of intimation and in no way, shape or form the contract vehicle be the exact replacement of the safeguarded vehicle, regarding size, make show, and so on.

In case if the contract vehicle isn't available, TATA AIG will pay the travel cost.

Given the repair is done at authorized garage.

Daily Allowance

TATA AIG will repay in case car gets damage partially, totally or is theft. The repair must be done at the authorized garage. The allowance will be chosen the agreement by the policyholder, surveyor and the workshop manager.

• TATA AIG will repay the cost of Courtesy/contract inside 10 days in case of repair and 15 days in case of theft.
• The Daily allowance won't be payable if time required for repair of engine vehicle is up to 3 days.
• Loss of Personal Belongings

This covers the cost for the misfortune or damage to the personal belongings kept inside the protected vehicle at the season of any risks said under Own Damage area of the policy wordings or because of an accident. Personal belongings with the end goal of this segment means things, for example, garments and different articles of personal nature prone to be worn, utilized or Special conditions:

• Hardly any things are not covered like, Repair Glass, Fiber, Plastic and Rubber Parts.
• Any merchandise or samples carried in associations with any trade or business isn't covered.
• The policyholder will bear first Rs. 250 of each and every claim under this segment.
• Repair Glass, Fiber, Plastic and Rubber Parts

A claim just for Glass/plastic/rubber/fiber part gave just repair is done and no replacement, at an authorized workshops, dealers or service stations of TATA AIG. Additionally, it won't affect No Claim Bonus qualification at the time renewal gave number of such claim does not surpass more than one and there is no other claim for own damage to the vehicle amid the time of insurance. Special conditions: Cost of painting of these parts with no repair isn't covered.

Exclusions of TATA AIG Car Insurance

• Any wear-and-tear of the car due to aging
• Any mechanical and electrical breakdown
• Private cars utilized for remuneration reason for existing isn't covered
• Driving without a valid driving permit
• Loss or damage caused while driving affected by alcohol or any other intoxicating substance
• Loss or damage due to depreciation of the car's value
• Loss or damage due to war or nuclear risks
• Consequential loss - if the original damage causes ensuing damage/loss, just the original damage will be covered under our motor car insurance.
• Compulsory deductibles - a settled amount that gets deducted at the season of the claim.

Discounts Offered by TATA AIG Car Insurance :

TATA AIG General Insurance offers many attractive rebates that the policyholder can avail.

No-Claim Bonus:

The no-claim bonus is a markdown offered on the following year's premium. In the event that you make no claims consistently, you are benefited with the immense rebate on the following year's premium. In the event that for the principal year you made no claims you are offered with 20% markdown on the second year premium and so on. It continues increasing. The accompanying table will give the details.

• One claim-free year - 20% Discount
• Two consecutive claim-free years - 25% Discount
• Three consecutive claim-free years - 35% Discount
• Four consecutive claim-free years - 45% Discount
• Five consecutive claim-free years - 50% Discount