Coverage is required
Evaluate your coverage requirements based on the type of vehicle and its use. Determine whether you need a basic third-party responsibility coverage or unanimous coverage that includes protection from your own loss, theft and natural disaster.Insured value
IDV represents the maximum amount in case of total loss or vehicle theft. Make sure that it has been accurately calculated on the basis of the current market value of the vehicle to prevent excessive payment of under-insurnse or premium.
Add-on covers
Assess the add-on covers offered by the insured and select those who align your specific needs. Popular add-ons include zero depreciation cover, engine protection, roadside help and consumables.
No-Dawa Bonus
Check the NCB benefits offered by the insured for the right-free years. Choose a strategy for the renewal premium, as it may reduce your insurance price from time to time.Subtractable
This is the amount that agrees to pay you in the case of a claim. Choose wisely to maintain a balance in the premium affordable ability and non -pocket expenses during claims.
Excluding the policy
Review the exclusion of strategies to understand the conditions or disadvantages not included by the policy. This may include the resulting damage, illegal activity and driving under the influence of alcohol or drugs.
Points to remember
- Research the reputation of the insurance company, customer service and rights settlement records.
- Choose the insured with a strong financial position and the history of quick and trouble-free claim settlements.
Investment Education and Education Center (CIL) of content courtesy.
Contributing to Girija Gadre, Arty Bhargava and Labdhi Mehta.
(Tagstotranset) Motor Insurance Policy (T) Coverage (T) Insurance (T) Payments (T) Premium
