HDFC ERGO Private Car Package Policy
HDFC ERGO my asset Private Car Package Policy provides comprehensive protection for your car. This car insurance plan also has a list of Add-on covers that can be purchased.
What is covered in the HDFC ERGO Private Car Package Policy Plan?
The Car Insurance policy from HDFC ERGO Insurance covers your prized asset from all possible dangers of the outside world
- Accident by external means
- Burglary or Theft of the vehicle Fire, Explosion, Self-Ignition, Lightning
- Terrorist Attacks, Riots, Strikes, Malicious Acts
- Whilst the vehicle is being conveyed by road, rail, inland waterways, air or lift
- Earthquake, Floods, Storms, Landslides or Rockslides
The amount of coverage is dependent on the IDV (insured declared value) of your car and the coverages you have opted for.
The HDFC ERGO Insurance car insurance policy also protects you from legal liability claims made by a third party who has been injured or whose property has been damaged in an accident involving your vehicle. Property damage is covered to the extent of Rs 750,000. However, in case of personal injury to a third party, the coverage amount is unlimited.
The Owner of the vehicle who drives the car is covered for an amount of Rs. 200,000 in case of accidental death and Permanent total disability.
What is NOT covered in the HDFC ERGO Private Car Package Policy Plan?
- Your car insurance is valid for the use of car in India only, unless you have opted for the add on cover for geographical extension has been bought)
- Any other financial loss sustained by the insured as a consequence of the accident.
- Driving without a valid driving license is a cognizable offence. Any claim for accidental damage or liability caused by drivers without a valid driving license at the time of accident will not be accepted.
- For your safety, we urge you not to drive when you are under the influence of liquor, drugs or intoxicants. Any claim for accidental damage or liability caused by drivers under such influence will not be accepted.
- Any accidental damage or liability caused under any agreement pertaining to the vehicle which is not intimated to the Insurance Company.
- The my:asset Private Car Package policy is for private use only. Hence any accidental damage or liability caused while the vehicle is being used for any purposes like hire or reward, Carriage of goods, Organized racing, Pace making, Speed testing, Reliability Trials, Use in connection with Motor Trade will not be accepted.
- my:asset Private Car Package Policy covers you for damage to vehicle on account of accidents only. Therefore any expenses due to mechanical or electrical breakdown will not be covered.
- Loss/damage encountered due to War invasion, Nuclear fission, Radioactive contamination
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