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When you buy a four-wheeler, it is a sign of progress and achievement. You feel proud to buy one for your family with your savings and satisfy their needs. You have many responsibilities to fulfil while you stay with them. You ensure they have a peaceful and comfortable ride in the vehicle whenever they roam together. While you care for them, it is also essential to consider their safety.
With the rise in road accidents every year, approaching a reputed General Insurance company is necessary. You get several benefits like guaranteed cover, assistance, and reminders to renew or pay premiums.
Benefits
The policy provides monetary benefits to survivors of an accident and support for medical treatment expenses. Nominees and family members get death benefits. It covers you for lawsuits and legal fees arising out of the accident. The repair bills for the damage caused due to the accident also get covered by the provider.
When you buy Car Insurance online, the company covers you for the loss or damage to the vehicle owing to natural or human-made calamities. In case you do not make any claim for a year, the company rewards you with a No Claim Bonus.
Add-ons
All policyholders can select additional covers to protect their four-wheelers when they buy Comprehensive Insurance. It offers broad coverage and the people seated in it. Here are the add-ons offered:
- No Claim Bonus: The company provides a discount on the policy’s renewal premium for every claim-free year. This bonus is cumulative and increases yearly. You can retain the cover even after making a claim.
- Return to Invoice: It is an add-on option covering the gap between the invoice value of your car and the insured declared value, along with the registration and other applicable taxes. RTI helps you fetch the vehicle’s on-road price in case of theft or total loss.
- Depreciation Reimbursement: This reimburses or compensates you for claim deducted due to depreciation. You can use this cover for the first two claims in the policy period.
- Engine Guard: If you buy such a cover, it protects you from any expenses related to damage to the car engine, gearbox, water ingression, leakage of lubricant oil, cost of consumables, etc.
- Roadside Assistance: You can receive Roadside Assistance by paying a minimal amount and insuring yourself against car breakdowns midway and other expenses. The premium amount is minimal, which takes care of the affordability.
- Consumables cover: It covers expenses for consumables, including a fuel filter, engine oil, nuts and bolts, screws, brake oil, lubricants, grease, and air conditioner gas.
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Remember to pay the General Insurance premium on time and renew it before the expiry date. The company sends you email and SMS reminders. You can switch your provider or plan, whichever is affordable and suitable to your budget.
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