ICICI Lombard Private Car Insurance Policy

• Loss/damage cover for the vehicle insured
• Cover for liability to third party
• Personal Accident Cover for Owner cum Driver
• Avail No Claim Bonus
• Optional covers to extend protection
• Immediate policy issuance through online facility
• 24x7 towing services available
• Online approval for minor claims through cashless network dealers
• Cashless claim settlement at more than 3500 network garages across the country

Own Damage Cover

Loss or damage to the vehicle insured are covered against perils such as fire explosion, self ignition or lightning, burglary, housebreaking or theft, riot and strike, earthquake, flood, typhoon & hurricane, accidental external means, malicious act, terrorist activity, in transit by road, rail, inland-waterway, lift, elevator or air, landslide or rockslide. This cover is available upon opting ‘Package Policy’.

Cover towards Third Party Liability

Insured is covered against third party liability arising out of the use of the vehicle in respect of death or bodily injury to occupants carried in a vehicle other than the insured’s vehicle. It also covers damage to property other than the property belonging to the insured.

Personal Accident Cover for Owner - Driver

In case of bodily injury/death caused to the owner cum driver of the vehicle, the compensation is payable depending on the nature of injury sustained.

For death and Loss of two limbs/sight of two eyes/one limb & sight of one eye is covered up to 100%, Loss of one limb or sight of one eye is covered up to 50% and Permanent total disablement from injuries other than the specified ones is covered up to 100%.

This compensation is payable, when the death/injury caused within six calendar months of accidental external and visible means. A maximum of Rs 2 lakhs is payable towards personal accident cover during any one period of insurance.

No Claim Bonus

The insured is entitled to receive No Claim Bonus at the time of renewal as per the NCB percentage applicable, which includes 20%, 25%, 35%, 45% & 50%. It is expressed as a percentage of discount on ‘Own Damage’ premium. It is applicable only for ‘Package Policy’.

Following are the additional cover/add-ons that can be opted upon payment of additional premium.

• Zero Depreciation: With this add-on cover, the insurer deducts no amount for depreciation on value of the parts replaced for up to 2 admissible claims, in case of loss or damage to the vehicle insured.
• Consumable Items: Cost of consumables such as Engine oil, Gear box oil, Brake oil, Power steering oil, etc. that may incur while replacing/replenishing the damaged vehicle, following an accident, is payable upon opting this add-on cover.
• Garage Cash: It provides a daily allowance to the insured for each and every completed day of hospitalization, in case his/her vehicle is under repair in a garage, due to loss/damage caused to the vehicle insured.
• NCB Protect: Insured will be entitled to No Claims Bonus towards “Loss or Damage to the Vehicles Insured”. It is applicable maximum up to 3 claims lodged during the same policy period.
• Return to Invoice: The insurer pays the difference between the amount received and the current replacement value of vehicle if the same make model is available, in the event of Total loss/ Constructive Total Loss (CTL) or Total Theft of the vehicle.
• Engine Protect Plus: It covers the consequential damage to the internal parts of the Engine & Gear Box of the Insured Vehicle arising out of water ingression leakage of lubricating oil following damage to Engine parts, differential parts and Gear box parts due to Accidental means.
• Road Side Assistance: With this add-on cover, policyholders can get assistance while on the road. It provides service for emergencies such as towing on breakdown/accident, arrangement/supply of fuel, arrangement of keys, repair of flat tyre, battery jump start, etc. You can make a maximum of four claims for emergency assistance services.
• Key Protect: The cost incurred in fitting or purchasing new locks or replacement of keys of the insured vehicle is payable, in the event of theft/burglary/ loss or damage to the keys and/or lock of the Insured’s vehicle.
• Personal Belongings: The loss or damage caused to the personal baggage kept in the insured vehicle is payable.
• Additional cover for ‘Electrical/non-electrical accessories’ and ‘bio-fuel system’ is also available.

Following are the conditions that are not covered under this policy:

• Vehicle is used outside the geographical area
• Vehicle being used otherwise than in accordance with the Limitations specified
• Any claim arising out of contractual liability
• Mechanical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss/damage caused by or arising from nuclear weapons material
• War, invasion, act of foreign enemy, etc.