Plan Name |
Benefits |
Car Insurance |
- Free roadside assistance kit and 24x7 roadside assistance
- Cashless coverage across 3300+ garages for four-wheelers
- Third-party cover upto Rs 7.5lacs
- Basic cover includes Car Shield which provides coverage against natural and man-made calamities, personal accident cover and liability to third-parties
- Discount on basic coverage available
|
Royal Sundaram Car Insurance Plan Features
Car Shield - Provides coverage against man-made and natural calamities like
- Fire & Explosion
- Riot & Strike
- Malicious Act
- Burglary, housebreaking/ Theft
- Landslide
- Earthquake
- Storm and Flood
- Terrorism
Royal Sundaram Car Insurance Add-Ons
Car Shield Additional Cover – Provides additional coverage like:
- Personal Accident Cover for Unnamed Passengers and paid driver for a maximum of Rs. 2 Lacs per person.
- Legal liability for the driver of the insured car.
- Legal Liability of employees of the insured, other than the driver of the insured car.
- Comprehensive cover for Electrical / Electronic / Non-Electrical Fittings in the car.
- Cover for CNG Kit and Bi-Fuel System
Depreciation Waiver Cover – Normally, during a claim, a particular percentage is deducted for depreciation of the car, depending upon the age, location of the damage and other factors. With this add-on cover, depreciation on plastic and metal parts is waived off. Here is the depreciation table for deduction:
AGE OF PRIVATE CAR |
% OF DEPRECIATION FOR FIXING IDV |
Not exceeding 6 months |
5% |
Exceeding 6 months but not exceeding 1 year |
15% |
Exceeding 1 year but not exceeding 2 years |
20% |
Exceeding 2 years but not exceeding 3 years |
30% |
Exceeding 3 years but not exceeding 4 years |
40% |
Exceeding 4 years but not exceeding 5 years |
50% |
Windshield Glass Cover – If the front/rear windshield of the car gets damaged, the same will be replaced without any cost and it won’t be registered as a claim either. As a result, the No-Claim Bonus stays intact.
Voluntary Deductible Cover - The policy holder can reduce premium up to 35% by opting for this cover. With this add-on, the policy holder will agree for a specified amount to be paid out of pocket and the rest will be settled by the company as per terms.
Full Invoice Price Insurance Cover – Normally, a new private car is insured upto 95% only, but with this cover, a car-owner can get 100% for the vehicle. In the event of a claim, the policy holder will receive 100% of list price, irrespective of depreciation.
Loss of Baggage Cover – With this cover, any damage to baggage inside the damaged/insured car will be covered.
Spare Car Clause – The policy holder is liable to receive daily cash benefit for conveyance expense in case the original vehicle has broken down or has been damaged.
Features |
Description |
CLAIM AMOUNT (IN Rs) # |
Upto 20,000 |
20,001 to 50,000 |
50,001 to 1 Lac |
Greater Than 1 Lac |
Maximum No Of Days* |
3 |
27 |
10 |
15 |
Benefits per Day in Rs. |
Rs 150 or in multiples of Rs 50 there of |
Rs 150 or in multiples of Rs 50 there of |
Rs 150 or in multiples of Rs 50 there of |
Rs 150 or in multiples of Rs 50 there of |
Engine Protector Coverage – With this cover, damage to engine and engine parts are provided financial protection due to water ingression or leakage of lubricating oil or coolant. Parts covered are internal engine parts, internal gear box parts, transmission or differential internal parts, power steering pump’s internal parts.
NCB Protector – Policy holder can avail 20-50% discount on next renewal if no claims are made during the current policy period.
Key Protector Cover – In case, the keys to your car is stolen or damaged, the same will be replaced without any costs.
Tyre Cover – Generally, damage to tyres are only covered if the car has met with an accident. With this cover, the policy holder can take advantage of coverage for tyres as well.
Lifetime Road Tax Clause – With this add-on, in case the car is stolen or faces total loss, the company will pay back the residual amount of the Lifetime Road Tax that had been paid by the owner.
Personal Accident for Owner/Driver-This feature provides financial coverage for the owner/driver holder in case of any accident and any resulting damage.
Details of Injury |
Scale of Compensation |
i) Death |
100% of CSI |
ii) Loss of two limbs or sight of two eyes or one limb and sight of one eye |
100% of CSI |
iii) Loss of one limb or sight of one eye |
50% of CSI |
iv) Permanent Total Disablement from injuries other than named above |
100% of CSI |
Third party liability –This feature is mandated by Indian law and regulated by the IRDAI (Insurance Regulatory and Development Authority of India) to ensure protection for any damage caused to a third-party due to the policy holder’svehicle.
No Claim Bonus(NCB) –With this feature, the car owner can receive discount during renewal of policy, if no claim has been made during the policy period. Discount can reduce premium by upto 50%.
List of Manufacturing Tie-ups (Car)
Car |
Audi
|
Maruti
|
Hyundai
|
Honda
|
Tata Motors
|
Fiat
|
Ford Motors
|
General Motors
|
Toyota
|
Mercedes Benz
|
Skoda
|
Volkswagen
|
Volvo
|
Renault
|
Nissan
|
Mitsubishi
|
MINI
|
Mahindra
|
Land Rover
|
Jaguar
|
Isuzu
|
Force Motors
|
Datsun
|
BMW
|
Claim Process for Royal Sundaram Car Insurance (Step wise)
Step |
Description |
1: |
Register claim by phoning in 1860 425 0000 or write to customer.services@royalsundaram.in
|
2: |
Survey will be arranged upon receipt of claim; Original Registration Certificate and Driving licence to be submitted to the company for verification |
3: |
Duly filled in &signed claim form to be submitted to the Repairer/Surveyor |
4: |
FIR to be filed in the same location where the third party injury/death/property damage has occurred. |
5: |
Cashless facility provided if required documents are produced the satisfaction. For reimbursement claims, original cash bill or invoice with cash receipt is required |
6: |
Vehicle delivery |
Royal Sundaram Car Insurance –FAQs
1.What all included in third-party cover?
Third party insurance covers liabilities like third party damage (property and individuals), and passenger cover. Expenses arising from damage of the vehicle is excluded
2.What is deduction for depreciation?
Please visit Reliance General Insurance website
Every car has certain parts of metal, plastic, nylon and rubber. Upon damage, these parts are not fully covered. Coverage will be in accordance to the depreciation value
AGE OF PRIVATE CAR |
% OF DEPRECIATION |
Not exceeding 6 months |
NIL |
Exceeding 6 months but not exceeding 1 year |
5% |
Exceeding 1 year but not exceeding 2 years |
10% |
Exceeding 2 years but not exceeding 3 years |
15% |
Exceeding 3 years but not exceeding 4 years |
25% |
Exceeding 4 years but not exceeding 5 years |
35% |
Exceeding 5 years but not exceeding 10 years |
40% |
Exceeding 10 years |
50% |
3.What are the documents required to file a claim with Royal Sundaram?
Documents required include:
- Policy number
- Your contact numbers
- Name of insured person
- Date & time of accident
- Vehicle number
- Make and model of the vehicle
- Location of loss
- Extent of loss
- Brief description of how the accident took place
- Garage name (with contact details)
- Contact details and name of the insured person (if the person intimating the claim is not insured)
4.What is the helpline number of Royal Sundaram Car insurance for claims process?
The helpline number for the claims process is 1860 425 0000.
5.What is Insurance Declared Value?
It is the price of the vehicle after adjusting requisite depreciation against the manufacturers list price.