The Motor Vehicles Act makes it compulsory for all motor owners to get their motor vehicles insured for third party liability cover. As such if you are planning to own a car then you are required by law to get your car third party liability insured.
Yet there is much more to car insurance than only third-party liability cover.
Future Generali car insurance solution provides a total car insurance package including third party liability insurance.
Future Generali car insurance solution provides a total car insurance package including third party liability insurance.
Inclusions Under Future Generali Car Insurance Plan
Future Generali car insurance policy includes the following under its ambit:
Third Party Liability Cover: Under the policy, third party liability cover is provided as per the stipulations of the motor vehicles act. Third party liability cover includes cover for injury, death and disability of third party or damage to property of the third party by car. The third party can be outside the car or seated inside the car.
Personal Accident Cover: This includes up to Rs 1 lakh cover for death or disability of owner while in the car due to the accident. Personal accident cover can also be sought for car driver and people known to the owner who can be family members, employees or other known people who may be seated inside the car (up to Rs 2 lakh).
Car Insurance: Under this feature, the car is insured against exigencies such as theft, accident, damage due to fire, damage due to natural calamities, damage due to riots or sudden acts of human violence.
Assistance: Future Generali provides assistance to policy holders in times of emergencies which include motor towing and repair assistance.
Exclusions under Future Generali Car Insurance Policy
The claims of Future Generali Car insurance policy are not honoured under several conditions which majorly include:
Normal Wear And Tear Of The Car: Car is a depreciable asset. With time and increased usage wear and tear may occur and these are not covered under car insurance cover. The expenses for correcting a decrease in car performance and deteriorated condition of car parts like tyres and other conditions which fall under normal wear and tear category need to be borne by the car owner.
Willful Negligence on The Part of Car Owner: If the owner has neglected the required maintenance and services of the car then there can be an accident due to malfunctioning of the vehicle on the road because of being deprived of proper care and the claim may get rejected on these grounds. Hence it is always advisable to get the regular maintenance done and preserve the service records.
Disregard to Rules and Regulations: If car meets with an accident due to going against driving and traffic rules then personal accident cover is ruled out and car cover is not provided if the person driving was the car owner.
Invalid Driving License: It is always advisable to pocket a valid driving license while driving. The occurrence of an accident while driving without a valid driving license can lead to the dishonour of applicable claims.
Inebriated Condition: If driver meets with an accident while under the effect of intoxicating substances, then personal accident cover is ruled out, and car damage cover is also ruled out if the person driving the car was the car owner.
Features and Benefits of Future Generali Car Insurance Policy
The prominent features and benefits of Future Generali Car Insurance Policy include:
- Car insurance policy can be issued instantly online
- Car insurance policy and No claim bonus can be transferred
- No claim bonus up to 50%
- Towing assistance for car upon breakdown or accident
- Network of more than 2500 repair workshops across the country
- Cashless settlements in networked repair workshops
- Easy and swift claim settlement process
- Car insurance premium discounts on
Voluntary excess
Anti theft devices
Membership in recognized associations
Anti theft devices
Membership in recognized associations
- Personalized services and interface points (under Future Express and Future Express +)
- All time emergency assistance through customer helpline services
About Future Generali General Insurance Company
Future Generali GIC is a joint collaboration between Indian conglomerate Future Group and Italian global insurance leader Generali. The IRDAI registration number of the general insurance company is 132. The company has registered office in Mumbai and presence in more than 125 locations in India. The company has been creating industry performance benchmarks since its inception in September 2007.
How Much Do You Know About Car Insurance?
By Unknown
Life is unpredicted. None can predict accidents and mishaps. It comes all sudden and may wipe off your long-term savings. There is a saying “Prevention is better than cure”. It is applicable to your vehicle as well.
By not insuring your car, you are welcoming the risk, as insurance is the only safety measure that one can opt for to remain protected financially. Motor insurance helps you stay safe in the wake of consequences.
By not insuring your car, you are welcoming the risk, as insurance is the only safety measure that one can opt for to remain protected financially. Motor insurance helps you stay safe in the wake of consequences.
Many insurance companies have joined the race of making their product appealing and hence introduced a huge range of insurance products. Among them, IFFCO Tokio motor insurance policies are worth mentioning. The auto insurance policies designed by Iffco Tokio General Insurance Company have been deliberated to cater to the requirement of those who want to prepare for any calamity related to their two or four wheelers. Let’s have a glance at various coverage offered in Iffco Tokio auto insurance policy here:
Iffco Tokio Motor Plans | Coverage |
Third Party Cover | Up to 7,50,000 |
Personal Accidental Cover | Up to 2,00,000 |
Own Damage Cover | It covers the damages to your car due to any natural or man-made calamities |
- Experience a hassle-free and fast process. Electronically signed documents can be issued at the insurer offices, POS centres or can avail online
- The door to door services on a request basis for fresh or renewal of the policy, free inspection in order to break non-continuation insurance ratio.
- Fast cashless claim settlement at more than 2,000 network garages.
- Experienced surveyors for attending your claims on an urgent basis
- 24x7 prompt customer service
- Online e-survey claim module to lower the TAT in claim settlement
- Emergency service including ‘On Road Protector Coverage’ at a nominal extra premium, add-on benefit like ‘Value Auto Coverage ‘by paying a small amount of premium extra.
Iffco Tokio Auto Insurance Exclusions
- Incidents that occurred out of the geographical zone
- Any loss due to natural wear & tear
- In case the driver didn’t carry a valid license when the accident occurred
- Any loss or damage caused due to driving under the influence of alcohol or drugs.
- If the car is used for the purpose other than the mentioned in the policy
What the policy covers:
Any loss or damage to your vehicle due to the following
- Fire, explosion, and self-ignition
- Flood, earthquake, storm, landslide, rockslide, inundation, typhoon, tempest, cyclone, hailstorm, hurricane, frost, lightning
- Theft, burglary, terrorist attack, riot, strike, damage in transit by road, rail, air, waterway, lift, elevator, accidental external damage.
- Legal liabilities to third-party for accidental death or property damage up to 7,50,000 caused by the insured vehicle. The coverage is given in a form of compensation amount may include claimant’s cost and defense expense which is incurred with insurer’s consent.
- Personal accidental cover up to Rs. 2,00,000 lakh for owner-driver while traveling in, mounting or dismounting from the vehicle. The insurer will compensate for accidental death or permanent disability.
- Roadside assistance cover including towering the car to the garage for repairing/ removal or redelivery cost up to 1500
On payment of an additional premium one can get the below additional benefits with this policy:
- Get a cover for loss or damages to electrical/non-electrical items, CNG or LPG fuel kit.
- Also get personal accidental coverage for unlisted persons.
- Extended liability coverage for driver/conductor.
- Coverage if the insured vehicle participates in rallies.
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Iffco Tokio Motor Insurance: At a Glance
By Unknown
Car insurance is something that one cannot ignore because it is mandatory according to the law. Of course you can get away with third party insurance, but it is not sufficient. Comprehensive vehicle insurance is necessary to ensure that you are protected from any kind of financial loss due to damage to the vehicle.
Commercial vehicles are more prone to accidental damage because they usually travel longer distances on roads which are not well maintained. This is why it is necessary to get all commercial vehicles insured properly. At the same time, commercial vehicles are more prone to damage due to natural calamities because of the fact that they are compelled to travel in any kind of weather conditions. Hence it is important to avail commercial vehicle plans because:
- Protecting your vehicle which is an important asset and investment
- In some plans you also get coverage for payment of medical bills in case of accidents
- The insurance company will also take care of the expenses of a lawsuit related to any accident
- The insurance plans also pay for theft and vandalism apart from accidents and natural calamities
- You get peace of mind knowing that you are well protected in case of any mishap
Different insurance companies provide different coverage under their commercial vehicle plans, but the most comprehensive coverage is provided under the commercial vehicle insurance plan by Reliance car insurance. Let us look at some of the salient features of the commercial vehicle insurance plans offered by good companies.
- Fire, explosion, lightening or self ignition
- Burglary, theft, housebreaking’
- Riot, Strike
- Inundation, cyclone, hailstorm, frost
- Earthquake
- Typhoon, flood, tempest, storm
- Landslide, rockslide
- Accident
- Terrorist activity
- Malicious activity
If the vehicle is disabled and needs repair, then the company will bear the reasonable cost of protecting and removing the vehicle to the nearest workshop along with re-delivery to the insured. However, such amount will not exceed the amount stipulated for 3 wheeled vehicles, taxis and other commercial vehicles in any one accident.
The insured can authorize any repair of the vehicle which does not exceed a minimum amount stipulated by the insurance company. Any amount more than this has to be approved by the insurance company. For this a detailed estimate of cost of reasonable repairs needs to be submitted to the company.
The Insured Declared Value of the vehicle is the Sum Assured for the purpose of the plan which is decided at the commencement of the plan. The IDV is fixed based on selling price of the manufacturer and the model of the vehicle insured at the inception of the commercial car insurance plan.
There are some things that most insurance companies will not pay for and these are known as exclusions
- Damage due to war, invasion, act of foreign enemies, warlike operations and hostilities, civil war, mutiny, military or usurped power, and rebellion
- Loss or damage due to ionizing radiation or contamination by radioactivity from nuclear fuel or from nuclear waste from the combustion of nuclear fuel
- Accidental damage or loss due to nuclear weapons material whether direct or indirect
- Deductible as stated in the plan
- If the vehicle is driven by someone else who is not the driver in the ‘driver’s clause’
- Consequential loss – if there is subsequent loss caused by the original damage, then only the cost of original damage will be covered
- If the vehicle is used for purpose other than the ‘limitations to use’
- Any loss, damage or liability which occurs outside the geographical region described for the vehicle
- Claim arising out of any contractual liability
Also Read About Bajaj Allianz Online Health Insurance Plans
Features Of Commercial Vehicle Insurance Plan
By Unknown
The company reliance insurance offers a motor insurance policy at affordable prices. The biggest specialty of motor insurance by Reliance is that, the company has some specially customized plans for the clients so that they are fully satisfied and insured by the company plans.
About the company:
Being the leading source of insurance policies in India, the reliance insurance has been providing its services, in all over the world. Ranging from general to life insurance, the reliance company provides it all. The prime objective of the company is to satisfy both, the client and the company’s profit criteria.
Why to buy a car insurance policy?
There is a huge possibility that people can experience car accidents at any possible moment. All the damage that has been done to the car can be easily repaired, free of cost, if the car is under an insurance policy. All the financial losses which have occurred during the accident come under the car insurance policy’s coverage criteria. If that damage has been cause by some third party, then it is mandatory that he will pay the cost of the damage. But if the owner of the vehicle has bought a motor insurance policy, the company pays all the expenses for the damages caused to the motor. The amount of premium which the insurance company gives is much greater than that of the third party pay.
As per the vehicles act, any person who owns a car, need to have a motor insurance. Only those who have bought car insurance with the purchasing of their car can drive the vehicle on road. Along with covering the injuries caused to the car, the motor insurance policy by Reliance also covers the damages that have been done by the car to any third party person.
Why a reliance car insurance policy?
There are so many points which accounts for the benefits of buying a reliance motor insurance. Let us explore some of the points relate to the same as follows,
- A support team of 24*7 hours is present to solve all the doubts and solve all the queries about the insurance policy, so that the client becomes completely satisfied.
- A person can also opt for an online insurance policy, which makes sure that the person doesn’t have to run mile, to know about the policy updates. All the latest news and policy updates are sent to the client via SMS, which is much, more easy than the conventional methods.
- According to the policy laws, if the damage is caused by third party, the person gets the amount for all the repairs and damages caused to the car.
- The two basic types of insurance offered by the company include a comprehensive insurance and insurance of third party.
- If the insurance is for private vehicles, then applying for an online insurance is the best solution that a person can go for. He doesn’t have to submit any documents offline, to avail the online insurance.
- If the person has met an accident, and is in a serious condition the motor insurance company also offers the facility of 24*7 hours cab to the insurer.
- Several types of add-on covers, like accident shield and more are also provided by the company, which provides a lot of benefits to the insurer, enhancing the coverage of the policy.
So, if you are also planning to purchase a new car, then a car insurance policy is perfect for you, as it comes with so many highlights. Book your car now!
Purchasing A 6 or 12 Month Motor Insurance Policy!!
By Unknown
Each and every one of you want to make sure that you buy insurance for your personal car to make sure that you do not have to suffer when you have an accident. There are many insurers in the Indian market that will help you out with some very good and reliable plans for your private vehicle.
HDFC Ergo Car Insurance is one of the soundest options that you have as it has a very good reach in the Indian market.
HDFC Ergo Car Insurance is one of the soundest options that you have as it has a very good reach in the Indian market.
There are many cases in which the HDFC Ergo car insurance can help you out with its insurance cover for your vehicle. They provide you with cover against almost any kind of problem or mishap that may happen and damage your vehicle. HDFC Ergo Car Insurance covers your vehicles against the damage caused by riots, terrorist activities, natural calamity, thieves or dacoits and most commonly by accidents.
The best thing with the company is that the reimbursement of the claim amount is very rapid and you can also get to file complain online also. HDFC car insurance allows you to file the claim online just by uploading the proof of damage in the scanned form and it will be processed in the quickest possible time. Here are some of the other interesting and eye capturing features of the private car insurance plan which is there on offer by the car insurance to you people:
Cashless claim settlement:
The company has tied up with as many as 3400 garages across India to make sure that you need not to spend a penny from your pocket in case of breakdown or accident. HDFC Ergo Car Insurance is looking to increase this reach even more and make all the settlements cashless only to make things even convenient for the customers.
This cashless settlement is especially very helpful when there is some very big damage in the vehicle and you do not have cash in hand. You may also get in touch with the customer care executives form HDFC Ergo car insurance and they will help you with towing facility for your car. The company thrives on serving the customers and put customer’s convenience above everything else. They try very hard to make sure that you do not have to take any pain when you have accident or breakdown in wandered place which makes car insurance a favorite of its customers.
Simple and easy procedures:
This is another thing about the car insurance policy which is offered by the company to make things simpler for you. HDFC Ergo Car Insurance requires minimal paperwork to buy the insurance policy and when you are buying the policy online, the scanned policy of the documents can also work very well. With the claim settlement as well, Car insurance plan allows you to file the compensation online so that you do not have any difficulty in receiving your reimbursement for the damage to your vehicle.
As soon as you file the claim or report about the damage, HDFC Ergo Car Insurance representative will come to the place to check the extent of damage in your vehicle. In case, when you are going to partner garage, they will check the vehicle in the garage only to make things even convenient for you.
Last but not the least thing with the policy which is on offer from the HDFC Ergo Car Insurance is that you get some hefty bonus for renewal. The company offers you a bonus of around 10% at the time of renewal to make it affordable for you to manage the health of your vehicle.
Personal car insurance by HDFC Ergo Car Insurance
By Unknown
While you all generally tend to take very good care of your vehicle, you are never actually sure when will you get to meet with an accident. This is one of the major reasons why it is mandatory for you to insure your vehicle with any reputed auto insurance company.
The increased competition in the market has made things easier for you only as now you can get better coverage at subdued rates. One of the companies that you can look out to while buying the car insurance is Iffco Tokio car insurance which helps you with enhanced coverage and that too at very affordable rates.
The increased competition in the market has made things easier for you only as now you can get better coverage at subdued rates. One of the companies that you can look out to while buying the car insurance is Iffco Tokio car insurance which helps you with enhanced coverage and that too at very affordable rates.
The comprehensive auto insurance policy which is there on offer by the company is a very good option for you and helps you in a big manner. When you are buying insurance from iffco tokio car insurance, you do not have to spend a penny on anything. They help you with added benefits in the form of the on-road assistance when you have some problems with your vehicle which has made iffco tokio car insurance one of the smartest choices for the customers.
To help you know further about the benefits that you have on offer from the company, here are some points on the facilities that are provided by iffco tokio car insurance in addition to helping you with the cost recovery:
- Iffco Tokio car insurance provides its customers with easy towing facility in case of an accident or vehicle breakdown. As soon as there is some problem with the vehicle, you can get in touch with the customer care executives of the company and they make sure that your vehicle is easy towed from your location. They have got tie ups with some of the most trusted towing companies that can assure safe and sound towing to make things convenient for its customers. This towing service is one of the reasons behind the increased number of people opting for the iffco tokio car insurance.
- Another very good thing that iffco tokio car insurance can do for you in case of breakdown or accident of your vehicle is that they can arrange a taxi for you at any place. This helps in making sure that you can easily reach to your desired place especially when you have stuck at some wandered place. Iffco tokio car insurance believes in the customer service above all and they make sure that you as a customer are satisfied with the services that they offer you with.
- Another very eye catching thing that is on offer when you go with iffco tokio car insurance plans is they make sure that you are provided with cashless medical help in the hospital nearest to your location. Unlike the other cases, where you may have to pay on first hand and get reimbursement later, iffco tokio car insurance makes sure that you need not to spend anything. They realize that sometimes you do not have enough cash and so they get in touch with hospital on your behalf and settle all the bills.
- Another highlight of iffco tokio car insurance road assistance program is that they also help you a great deal when you have lost your keys after locking the car. They will help you with telephonic help and if necessary will also arrange for the visit of any reputed car mechanic. Iffco Tokio car insurance wants to make sure that you do not have any delay in the service and for achieving that they have got a very big team of smart and dedicated employees.
Auto Coverage Policy By Iffco Tokio Car Insurance
By Unknown
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