Features and Benefits of Chola MS Auto Insurance
Chola MS Auto Insurance comes with many unique and customer-centric advantages that makes it stand out from the other auto insurance covers.
- Quick and Easy Renewal
Policyholders will be able to easily renew their vehicle insurance through Chola MS online portal.
- Hassle-Free Claim Process
Through cashless claims facility available at over 600 Chola MS preferred garages, customers are ensured of a seamless and hassle-free claim process.
- Comprehensive Cover
Chola MS auto insurance not only covers your vehicle from accidents and losses but also from the damage done through natural calamities.
- 24/7 Assistance
In case of an accident or a sudden breakdown, customers are offered 24/7 help and assistance.
What does Chola MS Vehicle Insurance Cover?
Chola MS Vehicle Insurance will protect your vehicle against the following losses and accidents.
- Own Damage Cover
Own Damage cover offers protection against the loss due to accident caused by external means, landslides, burglary, theft, malicious acts, terrorist activity, strike or riot, fire, lightning, self-ignition, explosion and natural calamities like typhoon, earthquake and cyclone.
Also, personal accident cover for named and unnamed passengers and legal liability cover towards employees from an accident involving insured vehicle is offered under own damage cover.
- Third Party Personal Liability
Unlimited cover is offered for third party liability. As your liability to a third party due to accidental death or injuries caused by your vehicle, the amount awarded by the court will be covered for under the auto insurance policy.
- Third Party Property Damage
A maximum of Rs.7,50,000 is provided as third party property damage cover in case of private cars.
- Other Add On Covers
Other covers that are available include reimbursement of expenses towards obtaining a duplicate ignition key, compensation for including duplicate license and cover for road tax and registration charges.
Chola MS Vehicle Insurance FAQ’S
- Do I get any discounts with Chola MS Auto Insurance?
Yes. Discounts include no claim bonus, Automobile Association Membership Discount, Discount for anti-theft devices approved by Automobile Research Association of India (ARAI) that are fitted in the vehicle.
- What losses are not covered by Chola MS Auto Insurance?
Chola MS does not cover the following accidents such as loss due to wilful negligence, accidents due to driving under the influence of alcohol or drug, consequential loss, depreciation, wear & tear, mechanical breakdown and loss due nuclear weapons and war related activity.
- How do I renew my Chola MS Car Insurance?
You can choose to renew the policy online or visit the nearest Chola MS branch to get your auto insurance renewed.
- What information is required to register a claim?
You need to submit information like policy number, name of insured, registration number of vehicle, personal information and the estimated loss amount.
GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017