2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
19th March 2016, 10:59 AM
Super Moderator
 
Join Date: May 2012
Re: Hyundai Insurance India

As you have asked about the Hyundai car insurance in India, I am giving you information about it, check below for the details
Car Insurance can cover losses due to traffic accidents or theft to owner of a vehicle, who is the policy holder.

Car Insurance - Tips

IDV means Insured's Declared Value - this is the value for which your Hyundai vehicle itself is insured for.
The computer calculates this amount for you.
You can change the computer calculated IDV up to + or - 5% . Any further change may affect you during the claim process.
You get a discount of Rs. 200 on Private Car and Rs. 50 on Two Wheeler policy if you are a member of the Automobile Association in your region.
You get Rs. 500 discount for installing anti-theft device in your vehicle.
Your third party cover does not cover the passengers in your vehicle.
You will unnecessarily pay more by over valuation; you will suffer significantly during claim process by under valuation. Therefore, it is not advisable to change the computer calculated IDV.

Legally, no motor vehicle is allowed to be driven on the road without valid insurance.
Hence, it is obligatory to get at least third party cover for your vehicle.
Comprehensive Car Insurance policy would cover your Hyundai vehicle against any loss or damage caused to it or its accessories due to the following natural and man made calamities.

Natural Calamities: Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.

Man made Calamities: Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, and any damage in transit by road, rail, inland waterway, lift, elevator or air.

Car insurance provides compulsory personal accident cover for individual owners of the vehicle while driving. One can also opt for a personal accident cover for passengers and third party legal liability.


Quick Reply
Your Username: Click here to log in

Message:
Options




All times are GMT +5. The time now is 01:24 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4