Cholamandalam Car Insurance Policy Details

What Is Car Insurance?

Car insurance is a type of insurance that covers the cost of damage to your car and any third-party liabilities arising from an accident. It is mandatory by law to have a car insurance policy in India. Car insurance companies offer different types of insurance policies such as third-party liability insurance, comprehensive insurance policy, and standalone own-damage insurance policy. Cholamandalam Car Insurance Policy is an insurance policy offered by Cholamandalam MS General Insurance Company Limited. It covers both third-party liabilities as well as damages to the car.

What Does Cholamandalam Car Insurance Policy Cover?

Cholamandalam Car Insurance Policy covers the following aspects:

Third-party liabilities arising out of an accident. This includes any damage to property, injury, or death of any third party.
Damage to your car due to natural or man-made calamities.
Damage or loss of your car due to theft or burglary.
Personal Accident Cover for the owner-driver of the vehicle.
Compulsory Personal Accident Cover for passengers.

Features and Benefits of Cholamandalam Car Insurance Policy

Cholamandalam Car Insurance Policy comes with several features and benefits that make it a popular choice among car owners. Some of the features and benefits of this policy are:

Cashless Claim Settlement at Network Garages: With Cholamandalam Car Insurance Policy, you can avail of cashless claim settlement at over 4000 network garages across India.
24x7 Customer Service: The company provides 24x7 customer service for policyholder queries and help.
Discounts on Premium: The company offers discounts on premiums for vehicles with additional security features, no claim bonus, and membership in recognized automobile associations.
Add-on Covers: You can choose from a range of add-on covers such as zero depreciation, engine protector, personal accident cover, and roadside assistance.
Advantage Cover: The policy also offers an advantage cover that provides coverage for a variety of expenses such as towing charges, renting a car, and hotel expenses.

How to Buy Cholamandalam Car Insurance Policy?

You can buy Cholamandalam Car Insurance Policy online or offline. If you opt to buy the policy online, you can do so by visiting the company's website. Here you can get a free quote by entering your details. Once you have filled in the necessary details and paid the premium, you will receive an email with the policy documents.

Conclusion

Cholamandalam Car Insurance Policy is a comprehensive insurance policy that provides coverage for third-party liabilities as well as damages to the car. It comes with several features and benefits such as cashless claim settlement, discounts on premium, add-on covers, and an advantage cover. You can buy the policy online or offline by visiting the company's website or by visiting the nearest branch.