ICICI LOMBARD COMPREHENSIVE CAR INSURANCE

ICICI LOMBARD Comprehensive car insurance.

ICICI LOMBARD Is a joint venture between ICICI Bank and Fairfax financial holding ltd. ICICI LOMBARD general insurance company headquartered in Mumbai, Maharashtra. The company engaged in general insurance, reinsurance, insurance claim management, and investment management.

What is meant by ICICI LOMBARD Comprehensive car insurance?        

Comprehensive car insurance is a plan that offers coverage for the loss and damage suffered by both parties (first-party as well as third-party). The policy provides financial protection and legal support in case of third-party liability. Comprehensive insurance is also called full insurance.

What are the key benefits of buying an ICICI LOMBARD comprehensive car insurance policy?

Comprehensive car insurance protects you from theft of the vehicle, natural calamities, and things that are beyond your control.

1. Comprehensive car insurance protects you against unforeseen events.

2. Thefts and break-ins of your car also get covered under the comprehensive car insurance policy.

3. Third party's liability, in case of an accident, also gets coverage.

4. 24*7 availability of responsive customer service via call or text.

5. Opt for add-on-Comparison tools available online can be used to compare the different add-ons available from insurers.

Coverage in ICICI LOMBARD comprehensive car insurance Policy-

1. Loss or damage to your vehicle: - ICICI Lombard Comprehensive Car insurance policy covers losses and damages caused to your vehicle due to natural calamities.

2. Property damage coverage: - If your vehicle causes third-party property damage, Company offers compensation up to 750000.

3. Third-party liability: - ICICI Lombard Comprehensive Car insurance policy covers third-party liability and hence you don’t have to face legal obligations by the court.

4. Protection from manmade activities- ICICI Lombard Comprehensive Car insurance policy protects you from losses arising from burglary, theft, strike, riot etc.

5. Comparing the different policies online can help give you a better picture of discounts it also helps you to get to know more about exclusion, deductibles of insurance

How to purchase Comprehensive car insurance of ICICI LOMBARD?

Step 1. Visit https://quickinsure.co.in/car-insurance

Step 2. Click on car insurance

Step 3. Enter your REGISTRATION no. According to your RC

Step 4. You will find a quotation for car insurance from ICICI Lombard insurance and other insurers.

Step 5. You can select the quotation ICICI LOMBARDs and fill out the proposal form.

Step 6: Once the payment is made, you will receive the PDF of your policy in your email ID or else you can alternately contact service@quickinsure.co.in

Exclusions in ICICI LOMBARD Comprehensive car insurance policy.

1. Cars that are older than 15 years, also do not get any coverage under the comprehensive car insurance policy.

2 .ICICI Lombard does not cover loss or damage due to willful Negligence by the insured.

3. ICICI Lombard's comprehensive car insurance policy does not cover depreciation, wear and tear mechanical and electrical breakdown.

5. Loss which is connected to nuclear weapons, terror attacks, and radioactivity, does not cover.

6. Damages are not covered by the insurance company if the driver is in a drunken condition.

What is IDV in ICICI Lombard Comprehensive Car Insurance Policy?

The Insured's Declared Value (IDV) of the vehicle is the maximum Sum Assured by the insurer at the beginning of each policy period for the insured vehicle. IDV is the compensation that the insurer will provide to the policyholder.

What is Endorsement in ICICI Lombard Comprehensive Car Insurance Policy?

An endorsement is written evidence of an agreed change in policy terms.

How endorsement works in ICICI LOMBARD- ICICI LOMBARD issues endorsements when the policy is purchased, at the time of policy renewal, mid-term of the policy.

FAQs

1.  What is meant by the comprehensive car insurance of ICICI LOMBARD?

Comprehensive car insurance is a plan that offers coverage for the loss and damage suffered by both parties (first-party as well as third-party).

2. What are the things that are covered in ICICI LOMBARD comprehensive car insurance policy?

The comprehensive policy helps cover theft and break-ins, natural calamities, fire, floods.

3. What are the add-on covers for the comprehensive car insurance of ICICI LOMBARD?

Add-ons available such as Bumper to bumper cover, Engine protection cover, Roadside assistance cover, NCB Protector, Hydrostatic lock cover, Return to Invoice, Loss of personal belongings cover, Daily Reimbursement and Emergency Transport & Hotel Expenses,

4). Is cashless claim settlements are available in ICICI Lombard Comprehensive Car insurance policy?

Yes, it's available. ICICI Lombard comprehensive car insurance has an authorized network of garages all over India where the customers may make cashless claim settlements.

5) Is comprehensive car insurance policy of ICICI Lombard mandatory in India?

No. Having a comprehensive insurance policy is optional but third party policy is mandatory.