MOTOR INSURANCE
Motor insurance, or vehicle insurance, is an insurance policy that offers coverage to the vehicle’s owner and/or driver against financial losses in case of losses due to theft, accidents or natural calamities
Features of a Motor Insurance Policy
Financial Security
A motor insurance policy helps take care of the cost of repairs for your vehicle. So, while it cannot help you grow your money, motor insurance is an important part of every good savings plan.
No-Claim Bonus
A No Claim Bonus or NCB is a reward that your insurer provides you whenever you complete a policy year without making any claims against your vehicle insurance policy.
Quick Claims
When you get your vehicle repaired at a network garage, you can enjoy a quick and easy cashless claims process against your motor insurance policy.
Protection Against Damages
A comprehensive vehicle insurance plan provides complete damage cover. So, any damage caused by a natural calamity, theft or accidents will be taken care of by your motor insurance policy
Third-Party Cover
Third-party liability provides the vehicle owner with cover in case another person or another individual’s property is harmed or damaged in an accident. The motor insurance policy will help cover the expenses for the third party.
Customisable Add-Ons
Enhance your vehicle’s protection by choosing from a range of up to 13 motor insurance add-ons. You can opt for additional benefits such as roadside assistance or protection.