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Reliance Private Car Insurance

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Reliance Private Car Insurance'

Reliance car insurance is offered by Reliance General Insurance company, which is one of the leading insurance service providers in India. With over 139 offices and about 12000 intermediaries spread all over the country, this company aims at providing world class service to all its customers. The company offers all types of insurances, be it general or life insurance at affordable pricing. It offers customized insurance plans, thereby ensuring complete customer satisfaction and works towards safeguarding policy holder’s interest.

What is a car insurance plan?

A car insurance plan is a mandatory insurance coverage requirement on all cars so that they can legally ply on the roads of the country. This insurance cover would take care of the financial loss which may arise due to any accident incurred by using the car. While any third person or a third party property would have to be compulsorily compensated under a third party policy which is a legal requirement, you can also cover any injury you sustain or any damage which your car faces by buying a comprehensive package policy. This policy would have a higher incidence of premium than a normal third party policy.

Reliance Car Insurance Plan at a Glance

Features Coverage and Benefits
Third Party Coverage Up To Rs.10 Lakh
Incurred Claim Ratio 107.49%
Personal Accident Insurance 100% of Capital Sum Insured of 5 Lakh
Network Garages 2100+network of garages across India
No Claim Bonus Yes

The basic benefits of purchasing Reliance car Insurance:

  • Anytime assistance on the road is available 24 X 7

  • This insurance company has a turn around time of quickest claim settlement possible.

  • Claims are settled across their network garages across the country which counts upto 2300 plus in a cashless mode

  • The company offers insurance under two categories, namely, third party insurance and comprehensive insurance.

  1. Third party insurance as mandated by the law is an insurance plan which covers any kind of bodily damage, injury or death caused to a third party or his property, whereas, comprehensive insurance plan provides cover against any kind of injury caused to the buyer, or a co passenger or to the plan buyer’s vehicle.

  2. The company also offers the facility of No claim Bonus (NCB). NCB is a discount on premium offered by the company to the plan buyer in cases of claim free years. The discount can be accumulated on a yearly basis starting from 20% in the first year and 25% in the following year, continued in the same manner over the subsequent claim free years.
  3. The company issues online insurance plans. However, these plans can be availed only for private vehicles. The plan buyer need not submit any documents in order to purchase online plans

Features and benefits of Reliance Car Insurance policy:

The Reliance general insurance company sells different variants of Car insurance plans to customers and each of the plans have some common features and benefits which are discussed as under:

  • Reliance Car Insurance plans are offered for both Private Car and Business Vehicles
  • The insurance plan provides Towing Facility in the event of a breakdown or accident
  • A duplicate key replacement cover is also available for both new and existing customers
  • Accident Shield, Consumable expenses and Conveyance Benefit are available as add-on covers under the plan which can be opted for by a customer to enhance the coverage of the car insurance plan.
  • The reliance car insurance plan also offers assistance in the form of arranging a cab or arranging hotel accommodations in cases of breakdowns or accidents.

Scope of coverage under Reliance Car Insurance Policy:

The following emergency situations are covered in Reliance car insurance plan:
  • Natural calamities are covered and all types of fire, lightening, etc are covered under the same.
  • Even man-made calamities like robbery, burglary, riot, terrorism, etc. are covered in this plan
  • This reliance car insurance policy provides for accidental coverage to the owner driver as well as registered driver
  • There is also third party legal liability coverage as mandated by the law from death and damage which may result in any injury or even death of a person or damage of property etc.
  • Electrical or electronic fittings in the car like fog lights, music system, AC, spoilers with brake lights.
  • Non-electric fittings like mag wheels, seat covers, non-electrical spoilers, etc. as per the own damage rate on the value of the accessories.
  • CNG Kit and Bi-fuel system as endorsed on the RC Book will be covered under the plan at an additional payment of premium.

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