National Insurance Private Car Insurance Policy

• Loss/damage cover for the vehicle insured
• Cover for liability to third party
• Personal Accident Cover for Owner cum Driver
• NCB benefit for no-claim policy year
• Get discounts in premium
• Additional covers to enhance protection
• Cashless claim service at authorized garages

Own Damage Cover

Loss or damage to the vehicle insured and/or its accessories is 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 Cover’.

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.

Third party liability cover towards property damage is available up to Rs 7.5 Lakh.

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.

No Claim Bonus

In case of a claim-free policy year, No Claim Bonus (NCB) is payable as 20%, 25%, 35%, 45% & 50% and it is offered on policy renewal. It is expressed as a percentage of discount on ‘Own Damage’ premium. It is applicable only for ‘Package Cover’.

Discount

You can get discount for opting higher voluntary excess, installing approved anti-theft devices. The discount in premium is available for specially designed/modified vehicle for blind, handicapped and mentally challenged persons.

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

• Loss of Accessories Cover: This add-on covers loss of electrical/non-electrical accessories, as stated in the policy schedule.
• Additional Legal Liability: Legal liability to paid driver employed for operation of vehicle is covered.
• Personal Accident Cover: Personal accident cover to the occupants is available up to an amount, as stated in the policy schedule.
• This policy also provides cover for bi-fuel kit and fiber glass fuel tank.

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 as to Use’
• Any claim arising out of contractual liability
• Loss /Damage outside India
• Mechanical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving, etc.