It’s a cover provides 360 degree protection to your car against the liabilities arising due to the Partial Loss/ Theft / Total Loss.
This cover will pay the amount of depreciation on the value of parts replaced under Own Damage Claim. ‘Own Damage’ here refers to damage to the vehicle insured and/or its accessories (if insured).
In case of “Total Loss” as a result of accidental damage or theft, this cover will provide the current Ex-showroom price of the vehilce, along with 1st year Insurance premium
(a) Engine & its parts
(b) Gearbox and its parts
(c) Transmission or differential assembly and its parts
Provided loss or damage is due to ingression of water or leakage of lubricating oil from engine/respective assembly.
Tyre: This cover will pay for repair/replacement of Tyre if damaged due to burst, cut, bulge or continuous running under deflated condition.Alloy/Rim: This cover will pay for replacement of Alloy/Rim if damaged or deformed making it functionally unusable.
This cover will pay for the cost incurred towards replacing the car keys and/or locks and/or lockset including locksmith charges, upon occurrence of theft/burglary/loss or damage to keys/locks and/or lockset of vehicle insured.
There is no limit for Nil. Depreciation claims under Advance, Premium and Luxury Products for Private Vehicles.
This cover will pay the cost of consumables required to be replaced/replenished arising from an accident to the insured vehicle.Ex: Engine oil, Gearbox oil, lubricants, nuts & bolts, screw, distilled water, grease, oil filter, bearing, washer, clip, break oil, A/c gas and other items of similar nature but excluding fuel.