SBI General Private Car Insurance Package Policy

• Loss/damage cover for the vehicle insured
• Cover for liability to third party
• Personal Accident Cover for Owner cum Driver
• Additional covers to enhance protection
• NCB benefit for no-claim year
• Enjoy discounts
• Cashless claim settlement at network garages across India

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

In case of a claim-free policy year, No Claim Bonus (NCB) upto a maximum of 50% is offered on policy renewal. NCB can be availed under a policy, when it is renewed within 90 days from the date of expiry of the policy.

Discounts

Compulsory Excess amount is applicable for this policy which is deducted from the claim amount payable. If you opt for a Voluntary Excess, a further discount on the premium can also be availed.

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

• Additional Legal Liabilities: Additional legal liabilities towards Paid driver employed for operation of vehicle and Employees travelling in/driving the vehicle other than paid driver is covered.
• Bi-fuel Kit: The CNG-LPG bi-fuel kit can also be covered upon opting the add-on cover.
• Depreciation Reimbursement: It pays the depreciation amount deducted on the value of the parts replaced for an approved claim, in case of loss or damage to the vehicle insured.
• Cover for Key Replacements: It covers the cost incurred by insured to replace the vehicle keys, in case it is lost/stolen. It covers to an amount of Rs 65,000 subject to 10% co-share of replacement value or minimum of Rs 500.
• Inconvenience Allowance: A daily cash benefit for a maximum of 10 days, in case the insured vehicle is undergoing repair for more than 3 days. This benefit can be availed upto two own damage claims during a policy period.
• Hospital Cash cover: With this cover, you will receive the amount as mentioned in the policy schedule for per day of hospitalization caused due to bodily injury during the policy period.
• Loss of Personal Belongings: The loss or damage caused to the personal baggage kept in the insured vehicle is payable. The amount payable under this benefit is restricted to Rs 50,000 subject to a deductible of Rs 5,000 for laptops and jewelleries and Rs 2,500 for mobiles and Rs 500 for other personal belongings.
• Enhanced Personal Accident Cover: It is available for uninsured/unnamed passenger/paid driver towards disablement or death while traveling in the insured vehicle.
• Return to Invoice: In the event of a Total loss/ Constructive Total Loss (CTL) or Total Theft of the vehicle, it pays the ‘shortfall amount’ between the amount received and the current replacement value of the vehicle if the same make model is available.
• NCB Protection: Normally in case of a claim, the ‘No Claim Bonus (NCB)’ of your vehicle insurance policy gets impacted. However under this cover, the existing NCB of the expiring policy can be retained at the time of renewal. This benefit is available only for one single claim during the policy period.
• Consumable Expenses: 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.
• Engine Guard: 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/Gear box due to Accidental means.
• Road Side Assistance: With this add-on cover, the insured can get assistance while stuck on the road. It provides service for emergencies such as repair of flat tyre, jump start for car battery, legal advice in case of an accident and much more.

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
• 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.