Motor insurance covers your legal liability to others and, under a comprehensive policy, damage to your own vehicle. Third-party cover is compulsory by law; own-damage cover is optional and is where most of the value sits.
Add-ons decide how much you actually recover: zero depreciation, engine protection, return-to-invoice and roadside assistance can matter more than the headline premium.
Who needs this cover
Every car owner — third-party cover is a legal requirement
Owners of new or financed vehicles
Anyone driving in flood-prone or high-traffic areas
Key benefits
Third-party liability cover as required by law
Own-damage cover for accident, fire and theft
Cashless repairs at network garages
No-claim bonus for claim-free years
What is typically covered
Third-party bodily injury and property damage
Own damage from accident, fire, theft and natural calamity
Personal accident cover for the owner-driver
Selected add-ons where opted
Eligibility
Valid vehicle registration and driving licence required
Premium based on IDV, vehicle age, engine capacity and location
Key exclusions and limitations
Driving without a valid licence or under the influence
Normal wear, tear and mechanical breakdown
Consequential damage, such as driving a flooded engine
Exclusions differ between insurers and product variants. Always read the policy wording for the exact list.
Claim information
Inform the insurer before repairs begin. For theft or third-party injury, an FIR is required. We help with survey coordination and cashless approvals at the garage.
Information on this website is educational and advisory in nature. Insurance products, benefits, exclusions, waiting periods and claim outcomes are subject to the terms and conditions of the respective insurer's policy document and applicable IRDAI regulations. Please read the policy wording carefully before concluding a sale.
Frequently asked questions
Because your income supports people who would still have expenses if it stopped. Life insurance replaces that income so your family can maintain their standard of living, meet loan repayments and keep long-term goals such as education on track. If nobody depends on your income, you may not need it — that is a legitimate answer, and we will tell you so.
A common starting point is ten to fifteen times your annual income, then adjusted for outstanding loans, the number of years your dependants would need support, children’s education costs and any existing cover. A Financial Need Analysis works this out properly for your situation rather than applying a rule of thumb.
Yes. You can hold multiple life and health policies with different insurers. For life insurance, all policies pay independently. For health insurance, claims are settled between the insurers up to actual expenses. You must disclose existing cover when applying for new cover.
Yes — claim assistance is part of the relationship, not an extra service. We help with intimation, documentation, coordination with the insurer or TPA, and follow-up until settlement is tracked to a close. The final claim decision rests with the insurer and is governed by the policy wording and applicable regulations.
Age, sum insured, policy term, health and medical history, lifestyle factors such as smoking, occupation, and the riders you select. For motor insurance, the vehicle’s value, age, engine capacity and location apply. Buying earlier generally locks in a lower premium for the whole term.
It is the time that must pass before certain conditions can be claimed. Health policies typically have an initial period of around 30 days covering everything except accidents, specific waiting periods of one to two years for listed conditions, and a longer period for pre-existing conditions. The exact periods are stated in your policy schedule.
