Tata Aig Car Insurance Policy
Basic Benefits
Third Party & personal accident cover for driver and owner of the car. It also offers coverage for the car as well.
The car damage due to fire explosions, earthquake, accident by external means, terrorist attack, malicious act, floods, etc. along with towing charges up to maximum of INR 1500 is covered under this policy.
Optional Coverage
Coverage for Electrical Fittings - It will ensure coverage for accessories like stereo, fog light, etc.
Coverage for Non- Electrical Accessories - It will ensure coverage for seats covers, wheels, etc.
Personal Accident Cover For Named Person - This option will provide personal accident cover to an individual apart from the cleaner or paid driver who is named under comprehensive policy.
Personal Accident Cover For An Unnamed Person - This option will provide personal accident cover to any individual apart from the cleaner or paid driver.
Personal Accident Cover For Paid Driver, Cleaner & Conductor - This option will provide personal accident cover to a paid driver, cleaner and conductor.
Voluntary Deductible - This option can be chosen at the time of buying the policy depending on the requirement. With this option a fixed percentage of claimable expenses will be paid by the insured individual.
CNG Coverage - It is obligatory to declare the presence of a CNG kit in case the kit is installed. This coverage option will ensure that the CNG kit is covered.
Special Benefits
Accident Repair Warranty - Under this benefit the company provides warranty for a period of 6 months on parts repaired from any of the network garages.
Some other discounts offered under the Tata Aig comprehensive coverage are as follows:-
No Claim Bonus - This discount gets activated after a claim free year. With this benefit individual gets discount on premium after every claim free year up to a maximum of 50%.
Automobile Association Member Discount - This discount is offered to a car owner who is also a member of Automobile Association. Up to 5% discount on premium is offered to these members.
Antitheft Device Discount - This discount is offered for cars which have Automotive Research Association of India (ARAI) approved anti-theft device installed.
Third Party Property Damage Discount - This discount is offered to individuals who opt for lower value for third party property damage.
Policy Exclusions
Compulsory deductible amount
Ageing, wear and tear
Damage by person without driving license
Damage to tyres and tubes
Add-Ons
Zero Depreciation Cover
Zero depreciation or bumper to bumper cover protects the vehicle from the depreciated or reduced value of car parts (this includes the paint, plastic parts, etc.). The depreciated value is anywhere between 5- 50% and is effective right after the car drives out of the showroom. Thus, with this add-on cover the out of pocket expenses of the insured are saved to a large extent at the time of claim.
This add-on cover is available only up to 5 years from the date of first purchase.
Return to Invoice Cover
This is an add-on benefit offered under private car insurance policy. With this benefit the insured gets an invoice price along with road tax and registration price in case it is stolen or has total loss due to a major accident.This add-on benefit is available only up to 3 years from the date or first purchase.
Daily Allowance
This is an add-on benefit which offers daily cash allowance after a waiting period of 3 days for a maximum of 10 days or 15 days depending on partial or complete loss respectively. Under this benefit, the cost of alternate transport for the period of repair or replacement of car is also covered.
Courtesy/ Hire a Car
This is an add-on cover offered under private car insurance coverage in case the car is lost or under repair.
Under this benefit hire/ courtesy car would be available within 24 hours from the time of registration of claim.
Note: For this benefit to get active claims should not be registered during national holiday or weekends.
No-Claim Bonus Protection
This add-on cover offers coverage for the no-claim bonus which is the premium discount which insured earns after every claim free year. Normally, the no-claim discount is lost after a single claim however, with no-claim bonus protect the no-claim discount earned is protected after one claim in a year.
Repair of Glass, Fiber, Plastic and Rubber Parts
This is an add-on cover offered under comprehensive car insurance policies. Under this cover, the no-claim bonus would not be affected after claims for the repair of glass, fiber, plastic and rubber parts.
Loss of Personal Belongings
This add-on cover which covers the expenses due to loss of personal belonging in the insured vehicle. For any claim under this benefit a deductible of INR 250 is applicable.
Emergency Transport and Hotel Expenses
This add-on cover offers coverage for overnight stay and taxi charges. Please refer the policy document for the details of limits of coverage offered under this plan.
Key Replacement
This add-on coverage offers coverage for expenses on key replacement in case it is lost or stolen. This add-on also offers break-in protection under which the cost of replacing locks and keys is replaced.
Engine Secure
This add-on coverage offers coverage for expenses on engine damage. Under this coverage the damages like loss of internal parts of engine along with gear box
Tyre Secure
This add-on cover offers coverage for expenses for repair or replacement of tyre and tubes. Maximum of 4 replacements in a year are covered under this benefit.
Consumable Expenses
The cost of consumables add-on cover offers coverage for expenses towards consumable items like lubricants clip, nut bolt, break oil, etc.
Road Side Assistance
This is an add-on benefit offered under Private car insurance policy. Under this benefit on site minor repair of car, battery jump start, fuel delivery, lost/ stolen key coverage, etc. are provided within 50 km from the breakdown point up to nearest vendor (a place where possible solution is available) or city.
Note
Mentioned below are plans with bundled add-on cover benefit.
No-claim bonus protection can be availed for any of the add-on bundles mentioned below.
All of the below mentioned plans offer comprehensive coverage with exclusions and benefits mentioned above.
Portfolio of Products
Gold Plan
Under this plan add-on benefits offered are:
Repair of glass, rubber and plastic parts
Road side assistance
Loss of Personal belongings
Emergency transport and hotel expenses
Key replacement
Pearl Plan
Under this plan add-on benefits offered are:
Repair of glass, rubber and plastic parts
Road side assistance
Loss of Personal belongings
Emergency transport and hotel expenses
Key replacement
Depreciation reimbursement
Pearl Plus Plan
Under this plan add-on benefits offered are:
Repair of glass, rubber and plastic parts
Road side assistance
Loss of Personal belongings
Emergency transport and hotel expenses
Key replacement coverage
Depreciation reimbursement
Engine secure coverage
Consumable expenses coverage
Titanium Plan
Under this plan add-on benefits offered are:
Repair of glass, rubber and plastic parts
Road side assistance
Loss of Personal belongings
Emergency transport and hotel expenses
Key replacement coverage
Depreciation reimbursement
Daily Allowance
Platinum Plan
Under this plan add-on benefits offered are:
Repair of glass, rubber and plastic parts
Road side assistance
Loss of Personal belongings
Emergency transport and hotel expenses
Key replacement coverage
Depreciation reimbursement
Daily Allowance
Return to invoice
Claim Settlement
Cashless Garage Network -This Company has a network of around 2000+ garages.
