National Insurance Private Car Insurance Policy

The car insurance plan on offer at National Insurance is known as National Private car insurance policy which is very popular among the car-owners in India. National Private car insurance policy comes with a fixed term of 1 year. This means policyholders need to renew National Private car insurance policy each year to keep the cover valid and benefits available. Car owners in India can easily buy National Private car insurance policy online using their debit card, credit card or through net banking. And, the renewal process of National Private car insurance policy can also be done in the same way. Like all regular car insurance plans available in India, National Private car insurance policy also offers two types of coverage. The liability coverage is mandatory for every vehicle and it covers policyholders’ obligation to third party in case of a mishap that leads to property loss, injury or even death of third party. Comprehensive coverage is the other type of optional coverage available with National Private car insurance policy. This type of coverage shields the vehicle of the policyholders as well as their liabilities to third parties.

Overview of National Insurance Private Car insurance Policy

The Private car insurance policy by National Insurance provides property and liability coverage to the registered owner of the vehicle. National car insurance online policies by National Insurance Company Limited offer benefits like safety of the vehicle and freedom from liability.

Objectives of National Insurance Private Car Insurance Policy

Annual Private Car insurance policy is issued by National Insurance Company Limited which is subject to online renewal every year. National car insurance online plans in India offer 2 types of covers. One is the mandatory liability cover and the other one is comprehensive cover that offers financial protection against own damage of the vehicle with third party liability. Vehicle owners can buy any of these two types of motor insurance online policies as per their requirements. Existing policyholders can also renew their National car insurance plans using net banking or debit and credit cards.

Private Car Insurance Policy online by National Insurance Company Limited covers vehicles that are used for social, professional and domestic purpose of the insured or employees of the insured. However, National car insurance online policies in India don’t cover goods’ carriage and if the vehicles are used for hire or reward, pace making, racing, speed testing, reliability trial and for any purpose related to Motor Trade. Vehicle owners can opt for additional coverage when they buy Private car insurance policy online by National Insurance Company Limited for accessories loss, personal accident to the occupants, legal liability to paid driver and for increased coverage against legal liability to third party property damage up to a maximum limit of Rs 7.5 lakhs.

Private Car Insurance Policy online by National Insurance Company Limited offers 2 types of coverage. The liability only cover is mandatory and it insures vehicle owners’ against legal liability in case of an accident involving their vehicles. This type of coverage of National car insurance online plans in India doesn’t cover damages to vehicles of the policyholders. Vehicle owners in India can buy the liability only cover of Private Car Insurance Policy online by National Insurance Company Limited to enjoy the following benefits;

• ✔Coverage against injury or death of Third Party
• ✔Coverage against Third Party Property Damage up to Rs. 7.5 Lakhs

The Package cover is the comprehensive Private Car Insurance policy by National Insurance Company Limited. This type of coverage by National car insurance plans online in India encompasses both third party liabilities and damages to insured’s own vehicles. Vehicle owners in India can buy the Private car insurance policy that covers Insured vehicles if the damages are caused by any of the following means;

• ✔Private car insurance policy by National Insurance Company Limited covers losses in accident by external Means such as fire, explosion, self ignition and lightning
• ✔Private car insurance policy by National Insurance Company Limited covers damages by mad-made disasters like Burglary, Theft or House breaking, Terrorism, Strikes or Riots or similar Malicious Acts
• ✔Private car insurance policy by National Insurance Company Limited covers damages by natural calamities like Earthquake, Flood, Storm, Landslide, Rockslide
• ✔National car insurance online policies in India covers losses in transit by Rail, Road, Air, Lift and Inland Waterway

Additional features of National Insurance Private Car Policy

Vehicle owners in India can buy the Private car insurance policy by National Insurance Company Limited to enjoy the following discounts

• ✔National car insurance online policies in India provides No Claims bonus for every claims free year on renewal
• ✔The Private car insurance policy by National Insurance Company Limited offers discount for choosing higher voluntary excess when policyholders renew their motor insurance online plans by National Insurance Company Limited
• ✔The Private car insurance policy by National Insurance Company Limited offers discount for installing approved anti-theft devices in the vehicle.
• ✔National car insurance online plans in India provides concession for modified or specially designed vehicles for blind, mentally challenged and handicapped persons

The Private car insurance policy by National Insurance Company Limited doesn’t cover the following losses;

• ✔The Private car insurance policy by National Insurance Company Limited doesn’t offer coverage against wear and tear, electrical or mechanical breakdown, breakages or failures and Consequential loss
• ✔The Private car insurance policy by National Insurance Company Limited doesn’t cover damages to tyres of the motor vehicle if the vehicle is not damaged at the same time
• ✔National car insurance online policies in India provides 50% of the cost of tyre replacement if the vehicle is not damaged at the same time
• ✔The Private car insurance policy by National Insurance Company Limited doesn’t cover damages due to accidents occurred while driving motor vehicles in India after being intoxicated

People Also Search For: