Hi all, as i am taking my car on 2nd Feb thought of checking the insurances online .Registered to Royal Sundaram and got this quote, what do you think about it? what are the things that are missing here??
Your Insured Declared Value :Rs 4,17,953/-
IDV shall be treated as the Market Value throughout the Policy period without any further depreciation for the purpose of Total Loss (TL)/Constructive Total Loss (CTL) claims.
The quote is inclusive of 2 lakhs coverage for Owner/ Driver.
7.5 lakhs coverage for Third Party Property Damage.
Unlimited Liability for Accidental Death or Injury of Third Party.
The Below Quotation is given for Zero Depreciation Rs: 14,247 /-
Premium Break up Details
A - Own Damage
Rs
Basic premium on Vehicle & Non-Electrical Accessories Rs 7335
Electrical & Electronics Accessories at 4% : Rs 0
Bi-Fuel kit (CNG): Rs 0
Add :
Fibre Glass Tank : Rs 0
Less :
Automobile Association Discount : Rs 0
Voluntary Deductible of Rs 0 : Rs0
Less :
No claim Bonus : Rs 0
Add:
Additional Cover for Package Policies
Depreciation Waiver Clause : Rs 2717
Wind Shield Glass Clause : Rs 0
Spare Car Clause : Rs 0
Invoice Price Insurance Clause : Rs 0
Loss of Baggage Clause : Rs 0
Engine Protector : Rs 0
Key Replacement : Rs 0
Total OD Premium
Rs 10052
B - Liability
Rs
Basic premium including premium for TPPD Rs 2237
Bi-Fuel kit (CNG) Rs 0
Add
Personal Accident Benefits -
Under Section III (Owner driver), CSI Rs 2,00,000: Rs 100
Unnamed Passengers : Rs 0
PA Cover to Paid Drivers : Rs 0
Legal Liability
To Paid Drivers (WLL Driver) Rs 0
To Employees Rs 0
TOTAL LIABILITY PREMIUM
Rs 2337
PACKAGE PREMIUM (OD+Liability)
Rs 12389
Service Tax Rs 1734
Swachh Bharat cess Rs 62
Krishi Kalyan Cess Rs 62
TOTAL PREMIUM PAYABLE
Rs 14247
Zero Depr. Cover (Bumper to Bumper) Policy:-(UNLIMITED NUMBER OF CLAIMS).
For all Rubber/Nylon/Plastic Parts/ Tyres and Tubes/ Batteries/ Air Bags/ Painting/ Denting/ Metal Parts/ Nuts and Bolts/ Fiber Glass Components and for all parts made of Glass/ engine and all parts which are inbuilt in the car – 100% coverage is given..
For example, normally when you have to replace some part and make a claim towards this replacement, you will not get the full cost of the part but only the depreciated cost depending on how old your vehicle is. Older the vehicle lower the value, however you can protect yourself against depreciation with this cover. If you take this cover, you will be paid full value of the parts without deduction of any amount towards depreciation. This means you do not have to pay out of your pocket towards the replacement of the parts.
Policy Benefits:
§ Protection from loss of car or damage to your car.
§ We facilitate cashless facility all over India.
§ Personal Accident Cover for you, your paid driver and the occupants in the car.
§ Free vehicle inspection at your door step, in case of break in insurance, and facility to buy online within 24 hours.
§ Get 24x7 Roadside Assistance in case of emergencies due to accidents.
§ Dedicated 24X7 helpline in case of claim
§ Speedy authorization of repairs to get your car back on road quickly.
§ Transfer of No Claim Bonus (NCB) from other insurance company on renewal with Royal Sundaram's Car Insurance Policy Online.
§ You will receive the soft copy of the policy immediately after purchase to your mail id which is digitally signed
We provide road side assistance kit for our online customers which includes the following features.
24x7 roadside assistance* (free service)
– Emergency Towing assistance
– Repair on the spot
– Flat tyre service
– Pickup of the vehicle in case of driver disability
– Emergency fuel delivery
– Vehicle Repatriation
– Legal Assistance
– Vehicle key service
– Assisting accommodation.