Having legitimate engine protection is a compulsory prerequisite for each vehicle proprietor in India. There are numerous engine insurance agency that offer affordable four-wheeler protection designs that you can browse. One such insurance agency offering various sorts of vehicle protection plans is Kotak Mahindra General Insurance Co. Ltd. Peruse further to find out about the vehicle insurance contract given by the protection company.
Features of Car Insurance Provided by Kotak Mahindra General Insurance Company
Kotak Mahindra General Insurance Co. Ltd offers a wide scope of elements with its four-wheeler protection plans. These elements are:
1. Cashless Servicing:
Kotak Mahindra General Insurance Company has in excess of 1000 organization carports the nation over that offer the office of credit only overhauling. Assuming your vehicle gets harmed while driving, you can get it fixed on a credit only premise in these organization garages.
2. Voluntary Deductible Discount:
You can likewise get extra limits on your insurance payments when you pick intentional deductibles notwithstanding obligatory deductibles. Limits are given according to the duty of the protection policy.
3. NCB Discounts & Entitlements:
The organization permits you to hold your No Claim Bonus (NCB) benefits at whatever point you decide to move your vehicle protection policy from another insurance agency to Kotak Mahindra General Insurance Co. Ltd.
4. AAI Members Discount:
If you are a functioning individual from the Automobile Association of India (AAI), then, at that point, the Kotak Mahindra General Insurance Company will offer you an extra markdown on your protection premium.
Types of Kotak Mahindra General Car Insurance Policy
Kotak Mahindra General Insurance Company offers four kinds of vehicle strategy. Here are brief subtleties of these plans:
1. Kotak Mahindra Liability Only (Private Car) Insurance Plan
The Liability Only (Private Car) protection plan by Kotak Mahindra General Insurance Company covers the vehicle proprietor against wounds/harms caused to the outsider by the safeguarded vehicle. Assuming the protected vehicle meets with a street mishap making harm an outsider property, this cover will assist you with remunerating them for those harms for up to Rs 7.5 lakh. It additionally covers any real injury, including passing, caused to an outsider because of a mishap including the guaranteed car.
However, the Liability Only protection plan gives no inclusion to the safeguarded vehicle. Be that as it may, since individual mishap cover is compulsory for all vehicle proprietors in India, it will give pay to the vehicle’s proprietor driver in the event of unplanned passing or disability.
The Kotak Mahindra Liability Only (Private Car) plan is accessible as a packaged arrangement as well concerning a residency of three years for shiny new cars.
2. Kotak Mahindra Car Secure Insurance Plan
Kotak Mahindra General Insurance Company offers the Car Well thought out plan that gives far reaching inclusion to the guaranteed vehicle against harms emerging because of catastrophic events, artificial debacles, mishaps, robbery, fire, and so on. It offers individual mishap front of up to Rs. 15 lakh for the proprietor driver of the vehicle. This exhaustive arrangement additionally covers any outsider property harms or injury and demise of the outsider that might emerge during a street mishap brought about by the protected car.
The Kotak Mahindra Car Well conceived plan is likewise accessible with an arrangement residency of 3 years for fresh out of the plastic new vehicles as well as a packaged policy.
3. Kotak Mahindra Car Secure (OD Only) Insurance Plan
Kotak Car Secure-OD Only insurance plan offers own harm cover to the protected vehicle notwithstanding an outsider obligation just contract. The OD Only arrangement covers the safeguarded vehicle against harms supported in the event of a mishap, fire, normal catastrophe, robbery, etc.
If a policyholder as of now hosts a third-get-together risk just strategy and wishes to cover the protected vehicle, he/she might buy the Kotak Car Secure-OD Only arrangement. The OD Only cover isn’t required like outsider protection cover. Nonetheless, it is fitting to buy it as it gives upgraded inclusion when contrasted with outsider insurance.
4. Kotak Mahindra Compulsory Personal Accident (Owner-driver) Insurance Plan
Kotak Mahindra Personal Accident cover can be purchased on the off chance that a vehicle proprietor doesn’t have a PA cover already. An individual mishap cover gives pay on the off chance that the proprietor driver of the vehicle has experienced in essence wounds, long-lasting handicap or passing in a street accident.
Currently, under this arrangement, the proprietor driver of the protected vehicle is given an individual mishap front of Rs. 15 lakh by the protection company.
What Is Not Covered Under Kotak Mahindra General Car Insurance?
There are additionally sure dangers that Kotak Mahindra General Company Insurance prohibits from its four-wheeler protection plans. Assuming that you register a protection guarantee emerging out of these dangers, the guarantor has the privilege to dismiss your claim.
Some of these rejections under Kotak Mahindra General Car Insurance strategy incorporate wear, tear & general maturing of the vehicle, any significant misfortune, mechanical & electrical breakdown, any contractual obligation, harms because of tipsy driving, harms caused while driving without a legitimate driving permit, harms because of atomic gamble or war and the vehicle being utilized for a reason other than private use.
Are There Any Optional Covers Under Kotak Mahindra General Car Insurance?
Yes. Kotak Mahindra General Insurance Company likewise offers a scope of extra covers that give improved assurance to a vehicle proprietor. These additional items are accessible at an extra expense and can be decided on while buying a four-wheeler protection plan.
Some of these additional items include Zero Depreciation Cover, Consumables Cover, Engine Protect Cover, Return to Invoice Cover, Roadside Assistance Cover, Key Replacement Cover, Tire Cover, Personal Belongings Cover, and NCB Protect Cover, etc.
Kotak Mahindra Car Insurance Company, with different offices on its four-wheeler insurance contracts, offers all over wellbeing to a vehicle proprietor. Also, its complete Car Secure protection plan can give huge inclusion during a surprising circumstance, like a street mishap. On the off chance that you are wanting to buy an insurance plan for your vehicle, make a point to rapidly look at a wide range of vehicle contracts on Policybazaar.com and afterward pick the one that best suits your needs.