As the car gets old, the car’s market value decreases. This decreasing value due to wear and tear is called depreciation. Generally, the depreciated value of the car parts is deducted from the total payable claim amount at the time of claim settlement. This expense can be entirely avoided with a Zero-depreciation add-on.
Engine Protector Add-On
Typically, a motor insurance policy doesn't cover any damages caused to the engine in case of an accident. With an Engine Protector cover, you will be financially protected against any damage caused to your car's engine.
No Claim Bonus Protector
A No Claim Bonus is a reward the insurance company gives you for not making a claim in a policy year. With a No Claim Bonus Protector add-on you can retain your NCB, even if you raise a claim in a policy year.
Roadside Assistance Cover
In the event that your vehicle breaks down or suffers mechanical failure in the middle of the road and you cannot find a mechanic nearby, you can use the Roadside Assistance Cover. This will help you access on-road assistance to fix the damage.
Personal Accident Cover
If you have sustained serious injuries in an accident, a Personal Accident cover shall offer financial security by bearing your medical expenses.
In case of a mishap or accident, this add-on offers financial protection for your car's accessories, such as the stereo-set, GPS device etc.
Key And Lock Replacement Cover
This is an add-on coverage that pays for the cost of replacing lost, stolen, or damaged keys or lock-set of your vehicle.
Consumables are components that are easily worn out and require replacement frequently. For example, nuts, bolts etc., are consumables. A comprehensive motor insurance policy does not cover the cost of consumables. With the consumable add-on cover, the cost of the consumables will be borne by the insurance company.
Note: Add-ons will be available only with a comprehensive policy or a standalone own damage policy.