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January 27th, 2016, 09:46 AM
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Join Date: Mar 2012
ICICI lombard car insurance

I want to get information about the ICICI lombard car insurance necessity like need motor insurance as well as Claim process. So here can you provide me information about it?

If you want to get information about the ICICI lombard car insurance necessity like need motor insurance as well as Claim process, then here I am telling you about it, as you want.


Why you need motor insurance
Monetary compensation to third party injured / inconvenienced in an accident

Compensation on permanent total disability due to accident

Cashless servicing of your car at select garages

Financial assistance in case of damage or theft

Medical expenses due to accident

Compensation to nominee in case of death

Compensation to co-passengers involved in accident (named in insurance contract)

Minimal out-of-pocket expenses for maintenance of car

Towing assistance and other emergency services on car breakdown

Claim process ICICI lombard car insurance;



Sum Insured and Coverage
What is covered
Loss or Damage to your vehicle against Natural Calamities
Fire,

Explosion,

Self-ignition or lightning,

Earthquake,

Flood, typhoon,

Hurricane, storm,

Tempest, inundation,

Cyclone, hailstorm,

Frost, landslide,

Rockslide.

What is not covered
Normal wear and tear and general ageing of the vehicle
Depreciation or any consequential loss
Mechanical/ electrical breakdown


Sum Insured
All vehicles are insured at a fixed value called the Insured's Declared Value (IDV)

Insured's Declared Value is calculated on the basis of the manufacturer's listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the Indian Motor Tariff.


Private car policy of ICICI Lombard – Ready Reckoner






Last edited by Neelurk; May 18th, 2020 at 09:13 AM.
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