Oriental Insurance Private Car Package Policy

• Protection from loss or damage to your car
• Cover for third party liability
• Personal accident cover for owner cum driver
• No Claim Bonus is available
• Discount in premium applicable
• Additional covers to enhance the policy coverage
• Hassle free claim settlement process
• Avail cashless claims at listed network 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.

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

No Claim Bonus (NCB) is applicable, in case of a claim-free policy year. The NCB benefit may vary depending on the type of vehicle and the number of no-claim policy years.

Discounts

You can avail discounts in premium in case you opt for voluntary deductible, installation of anti-theft device and having automobile association membership.

Emergency Service through TVS

The Policy provides free emergency services in case of Breakdown, if the vehicle is insured in Delhi & NCR, Punjab, Haryana, Himachal Pradesh, Rajasthan, All Southern States, Mumbai and Kolkata.

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

• Nil Depreciation Cover: The insured will be indemnified against loss or damage to the parts subject to a deduction of depreciation at the rates specified in respect of parts replaced.
• Loss of Personal Effects: The Loss of personal effects are covered up to the maximum of Rs 5,000 or Rs 10,000, in case the loss becomes payable under ‘own damage’ section.
• Alternative Car Benefit: In case of loss/damage of the insured vehicle after accident/theft, you can get an alternative vehicle for a limited period of 5, 10 or 15 days. This benefit is payable when the vehicles gets damaged over 20% of IDV and is disabled.

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’ specified
• Any claim arising out of contractual liability
• Loss /Damage outside India
• Mechanical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss /Damage caused due to War/Mutiny/Nuclear risks, etc.