Universal Sompo Private Car Package Policy

• Protection from loss or damage to your car
• Cover for third party liability
• Personal accident cover for owner cum driver
• Avail No Claim Bonus benefit
• Riders to customize the policy coverage
• Smooth and speedy claims settlement
• Cashless claims settlement in network garages/workshops

Own Damage Cover

Loss or damage to the vehicle insured and/or its accessories is covered against perils such as fire explosion, self ignition or lightning, burglary, housebreaking or theft, riot and strike, earthquake, flood, typhoon & hurricane, accidental external means, malicious act, terrorist activity, in transit by road, rail, inland-waterway, lift, elevator or air, landslide or rockslide.

Cover towards Third Party Liability

Insured is covered against third party liability arising out of the use of the vehicle in respect of death or bodily injury to occupants carried in a vehicle other than the insured’s vehicle. It also covers damage to property other than the property belonging to the insured.

Personal Accident Cover for Owner - Driver

In case of bodily injury/death caused to the owner cum driver of the vehicle, the compensation is payable depending on the nature of injury sustained.

For death and Loss of two limbs/sight of two eyes/one limb & sight of one eye is covered up to 100%, Loss of one limb or sight of one eye is covered up to 50% and Permanent total disablement from injuries other than the specified ones is covered up to 100%.

This compensation is payable, when the death/injury caused within six calendar months of accidental external and visible means. A maximum of Rs 2 lakhs is payable towards personal accident cover during any one period of insurance.

No Claim Bonus

No Claim Bonus (NCB) as 20%, 25%, 35%, 45% & 50% is applicable, in case of a claim-free policy year. The NCB benefit may vary depending on the type of vehicle and the number of no-claim policy years.

Discounts

You can avail discounts in premium in case you opt for voluntary excess, installation of anti-theft devices and specially designed/modified vehicle for blind, handicapped and mentally challenged persons.

Following are the additional cover/add-ons that can be opted upon payment of additional premium.

Optional Extensions

• Loss of Accessories: Cover towards loss of vehicle’s accessories are available, as specified under the policy.
• Legal Liability: Legal liability to paid driver, cleaner or any workman is covered up to the limit as mentioned in the policy.
• Personal Accident to the Occupants: With this add-on cover, personal accident cover for the occupants in the vehicle is available.
• Legal Liability to Property Damage: An increased legal liability to property damage of third party for a limit of Rs 7.5 lakhs is available.

Add-Ons

• Nil Depreciation: It pays the depreciation amount deducted on the value of the parts replaced for an approved claim, in case of loss or damage caused to the vehicle insured.
• Return to Invoice: In the event of a Total loss/ Constructive Total Loss (CTL) or Total Theft of the vehicle, it pays the ‘shortfall amount’ between the amount received and the current replacement value of the vehicle if the same make model is available.
• Key Replacement: In case, your keys are lost or stolen, the cost to new set of lock and key from manufacturers only are reimbursed.
• NCB Protector: Under this cover, the existing NCB of the expiring policy can be retained at the time of renewal. This benefit is available only for one single claim during the policy period.
• Engine Protector: It covers the consequential damage to the internal parts of the Engine arising out of water ingression leakage of lubricating oil following damage to Engine due to accidental means.
• Cost of Consumables: Cost of consumables such as Engine oil, Gear box oil, Brake oil, Power steering oil, etc. that may incur while replacing/replenishing the damaged vehicle, following an accident, is payable upon opting this add-on cover.
• Secure Towing: If the vehicle being disabled due to the loss or damage covered and not being able to move on its own power, the Insurer will bear the reasonable cost of removal to the nearest repairer and re-delivery to the Insured up to Rs 15,000.
• Accidental Hospitalization Clause for Family: With this add-on cover, the cost incurred towards the inpatient hospitalization expenses for accidental injuries suffered whilst travelling in the insured vehicle only will be reimbursed.
• Daily Cash Allowance: A Daily Cash Allowance will be payable, in case your vehicle is laid up for more than 3 days in an authorized garage/ service station for repairs of accidental damages as covered under the Policy.
• Road Side Assistance: With this add-on cover, the insured can get assistance while stuck on the road. It provides service for emergencies such as repair of flat tyre, jump start for car battery, legal advice in case of an accident and much more.
• Hydrostatic Lock Cover: The insurer agrees to pay for losses arising out of repair or replacement of engine parts of the Insured vehicle due to Hydrostatic Lock and ingression of water in the engine.
• Loss of Driving License/Registration Certificate: In case the insured suffers a loss of original driving license or registration certificate, the compensation of up to Rs 500 to obtain a duplicate License or RC is payable.
• Insurance at Manufacturers Selling Price: The Sum Insured for this add on shall be the difference between the IDV and the Manufacturers’ Selling Price of the vehicle as supported by the invoice of original purchase issued to you by the dealer.
• This policy also provides other add-on covers such as Additional Expense Coverage Clause, Additional Accidental Injury Compensation Clause for Owner – Driver, Additional Accidental Injury Compensation Clause-Family, Wider PA Benefit Clause for Owner – Driver, Child Education Support, Electrical and Mechanical Breakdown Coverage.

Following are the conditions that are not covered under this policy:

• Vehicle is used outside the geographical area
• Vehicle being used otherwise than in accordance with the ‘Limitations as to Use’ specified
• Any claim arising out of contractual liability
• Loss /Damage outside India
• Mechanical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss/Damage caused due to War/Mutiny/Nuclear risks, etc.