TATA AIG Auto Secure – Private Car Package Policy

• Loss/damage cover for the vehicle insured
• Cover for liability to third party
• Personal Accident Cover for Owner cum Driver
• 12 unique add-on covers to enhance protection
• Upto 6 month accident-repair warranty
• Quality spares and materials, guaranteed
• Direct settlement facility at network garages
• Claim settlement in 7 days

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) is payable as specified under the policy schedule and it is offered on policy renewal.

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

• 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 caused to the vehicle insured. It is payable for the first 2 claims during the Period of insurance.
• Daily Allowance: Allowance is payable to the Insured for loss of use of the insured vehicle due to risks covered under loss/damage cover of the policy. The allowance is payable for a maximum period of 10 days during the period of insurance. In case of theft/total loss claim, it is payable for maximum 15 days.
• Courtesy/Hire Car: The Courtesy/Hire car will be arranged to reduce your inconvenience, in case the insured vehicle is damaged by a covered peril as specified under the Own Damage cover.
• 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 price as per the purchase invoice OR the current replacement value of vehicle if the same make model is available, whichever is less.
• No Claim Bonus Protection Cover: 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.
• Repair of Glass, Fiber, Plastic & Rubber Parts: A claim for only Glass/plastic/rubber/fiber part where You opt for repairs rather than replacement, at one of the authorized workshops/dealers/service stations.
• Loss of Personal Belongings: It covers the loss or damage to you and your family member’s personal belongings caused by perils as mentioned under ‘own damage’ cover.
• This policy also provides other covers such as emergency transport & hotel expenses, key replacement, engine secure, tyre secure, road side assistance, repair and towing assistance, emergency towing assistance, concierge services.

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

• Vehicle is used outside the geographical area
• The 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/Electrical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss /Damage caused due to War/Mutiny/Nuclear risks, etc.