
Sr. No | Offering - Motor | USGI | Market Availability / Comparison |
1 | Nil Depreciation claims | Unlimited Claims | Maximum 2 - Nil Dep claims Allowed |
2 | RAT bite claims | Covered without Additional premium | Covered with Additional premium – as Add on coverage |
3 | Windshield Repair | Available at Door-Step in Metro & Tier 1 cities | No Such details available |
4 | Preferred Network Garages | 6 months repair warranty | No Such details available |
5 | Claim Settlement | No Paper work required | Different for Insurer to Insurer |
6 | Cashless Claims / Reimbursement claims | Settlement within 24 hrs | Different for Insurer to Insurer |
7 | Premiums | Discount Flat -78% (Non-OEM vehicles) | Discount up to 75% (Non-OEM vehicles) |
Coverage Motor |
Accidental External means |
Fire, Explosion, Self ignition or lightning |
Burglary, or theft , Riot , Strike |
Earthquake (Fire and Shock Damage) |
Flood, typhoon, hurricane, storm, tempest, cyclone, inundation, hailstorm, frost; |
Malicious Act /Terrorist activity /Landslide/rockslide |
COMPULSORY INSURANCE cover |
Death or bodily injury of any person Death or bodily injury of any person |
Damage to any property of third party Damage to any property of third party |
Personal Accident cover |
Compensation for bodily injury or death sustained by owner-driver of the vehicle, indirect connection with the vehicle insured or whilst driving or mounting into/dismounting from the vehicle insured as per Scale of Compensation |
Exclusions Specific |
Consequential Loss, depreciation, wear and tear |
Failure or breakage |
Mechanical or electrical breakdown |
Damage to tyres and tubes unless vehicle is damaged at the same time –Liability of the company shall be limited to 50% of the cost of replacement |
Loss or damage to accessories by burglary, housebreaking or theft unless the vehicle is stolen |
Any Accidental loss or damage suffered when the insured is under the influence of intoxicating liquor or drug |
Damage by a person driving without a valid license |
Exclusion - General |
Any accidental loss or damage or liability sustained outside India |
Any claim arising out of Contractual Liability |
Loss or damage due to use of vehicle beyond its scope of use (‘Limitations as to use’) |
Loss or damage due to consequential loss |
Loss or damage due to ionising radiations or contamination by radioactivity from nuclear fuel etc. |
Loss or damage due to nuclear weapons materials |
Loss or damage due to war, invasion, act of foreignenemies, hostilities or warlike operations, civil war, mutiny, rebellion, military or usurped power. |