Introduction

Your personal car is not only a high value possession but a necessity also. Apart from comfort & exclusiveness

it gives freedom to your movement whether for your day to day work or going for a long drive with your family.

Unforeseen accidents do lead to damage resulting in huge expenses. Why to worry about such expenses or

even the vehicle getting stolen, when you have the private car insurance policy from Tata AIG General Insurance

Company Limited.

To protect against such unpleasant situations you need a Insurance policy which covers the car against the losses

caused due to re, theft, explosions, burglary, riots, strikes, earthquake, ood, cyclones, accidental external means,

malicious acts and terrorist activities.

(iv) by earthquake (Fire and Shock Damage);

(v) by ood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost;

(vi) by accidental external means;

(vii) by malicious act;

(viii) by terrorist activity;

(ix) whilst in transit by road rail inland - waterway lift elevator or air;

(x) by landslide, rockslide.

Subject to deduction for depreciation at the rates mentioned below in respect of parts replaced:

Subject to a deduction for depreciation at the rates mentioned below in respect of the parts replaced

1. For All Rubber/ Nylon/ Plastic Parts, tyres, tubes and batteries 50%

Exceeding 6 months but not exceeding 1 year 5%

Exceeding 1 year but not exceeding 2 years 10%

Exceeding 2 year 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%

Auto Secure – Standalone Own Damage Private Car Policy –

Add on covers

Brochure

(b) Damage to tyres and tubes unless the vehicle is damaged at the same time in which case the liability of

the Company shall be limited to 50% of the cost of replacement. And

(c) Any accidental loss or damage suered whilst the Insured or any person driving the vehicle with the

knowledge and consent of the Insured is under the inuence of intoxicating liquor or drugs.

3. In the event of the vehicle being disabled by reason of loss or damage covered under this Policy the Company

will bear the reasonable cost of protection and removal to the nearest repairer and redelivery to the insured

but not exceeding in all Rs. 1500/- in respect of any one accident.

4. The insured may authorise the repair of the vehicle necessitated by damage for which the Company may be

liable under this Policy provided that:

(a) the estimated cost of such repair including replacements, if any, does not exceed Rs. 500/-;

The IDV of the vehicle (and accessories if any tted to the vehicle) is to be xed on the basis of the manufacturer’s

adjusted for depreciation (as per scheduled below):

The schedule of age-wise depreciation as shown below is applicable for the purpose of Total Loss/Constructive

Total Loss (TL/CTL) claims only.

THE SCHEDULE OF DEPRECIATION FOR FIXING IDV OF THE VEHICLE

Age of The Vehicle

% of Depreciation

For Fixing IDV

Not exceeding 6 months 5%

and the insured.

IDV shall be treated as the ‘Market Value’ throughout the policy period without any further depreciation for the

purpose of Total Loss (TL) / Constructive Total Loss (CTL) claims.

The insured vehicle shall be treated as a CTL if the aggregate cost of retrieval and/or repair of the vehicle, subject

to terms and conditions of the policy, exceeds 75% of the IDV of the vehicle.

GENERAL EXCEPTIONS

The Company shall not be liable under this policy in respect of

1. Any accidental loss or damage and/or liability caused sustained or incurred outside the Geographical Area.

or arising there from or any consequential loss.

from the combustion of nuclear fuel. For the purpose of this exception combustion shall include any self

sustaining process of nuclear ssion;

5. Any accidental loss or damage or liability directly or indirectly caused by or contributed to by or arising from

nuclear weapons material;

6. Any accidental loss or damage and/or liability directly or indirectly or proximately or remotely occasioned

by contributed to by or traceable to or arising out of or in connection with war, invasion, the act of foreign

enemies, hostilities or warlike operations (whether before or after declaration of war) civil war, mutiny

This policy will also be available with the following add-on covers which, if opted, will enhance the coverage under

the policy:

1. Depreciation Reimbursement -SAOD Private Car Policy

(IRDAN108RP0001V01201920/A0003V01201920)

We will pay you the amount of depreciation deducted on the value of parts replaced under own damage

claim, lodged under own damage section of the policy. We will pay for the rst 2 claims reported to Us during

the Period of insurance.

Given are the special conditions applicable to this cover in addition to the General Conditions:

• A claim where replacement of any part is not involved and no depreciation is deducted under own damage

claim, will not be considered as claim under this cover.

period depending upon the date of loss.

Exclusions:

• Arising out of only windscreen or any other glass damage

• If time required for repair of motor vehicle is up to 3 days.

3. Return to Invoice - SAOD Private Car Policy

(IRDAN108RP0001V01201920/A0005V02201920)

In consideration of payment of additional premium, We will pay the dierence between Insured’s Declared

Value (IDV) of the insured vehicle and on-road price (including electronic/electrical/non-electrical/electronic

accessories/bi-fuel kit provided by manufacturer/dealer) of a new vehicle of similar make and model published

by manufacturer/dealer in case of Total Loss/Constructive Total Loss/Theft of your vehicle. Onroad price shall

include registration fees, road tax & Insurance charges.

The nance company/bank whose interest is endorsed on the policy must agree in writing.

We will not pay if:

• the Total Loss/CTL and theft claim is not valid and admissible under section 1 of the policy.

• nal investigation report of police conrming the theft of the vehicle in case of theft claim is not submitted

to us.

4. No Claim Bonus Protection Cover - SAOD Private Car Policy

(IRDAN108RP0001V01201920/A0006V01201920)

If you le for a claim you forego on your No Claim Bonus. But with no claim bonus protection you get to

benet from certain claims even while you get to keep your No Claim bonus, if bonus accumulated by you is

for 2 or more than 2 claim free years and there being no claim in 2 preceding years.

Special conditions applicable to this benet in addition to the general conditions:

• The claim made for damages only to the windscreen glass/rear glass/door glasses sun roof glass, will not

No Claim Bonus:

a) No Claim Bonus (NCB) can be earned only in the Own Damage section of Policies.

An insured becomes entitled to NCB only at the renewal of a policy after the expiry of the full duration of 12

No claim made or pending during the preceding 2 consecutive years

of insurance

No claim made or pending during the preceding 3 consecutive years

of insurance

No claim made or pending during the preceding 4 consecutive years

of insurance

No claim made or pending during the preceding 5 consecutive years

The discounts in premium can be availed for the following features-

• If you are member of Recognized Automobile Association of India.

• If the vehicle is tted with Anti theft device which is recognized by ARAI.

• If any voluntary excess (self claim bearing limit) has been opted by you.

• If no claim has been lodged under policy in the expiring policy period.

Cancellation of Policy:

a) The Company may cancel the policy by sending fteen days notice by recorded delivery to the insured at

insured’s last known address and in such event will return to the insured the premium paid less the pro rata

misrepresentation, fraud, non-disclosure of material facts or non-cooperation of the insured in which case

persons).

Cancellation premium retention grid:

PERIOD % OF ANNUAL PREMIUM RATE

Not Exceeding 1 Month 20%

Exceeding 1 month but not exceeding 2 months 30%

Exceeding 2 months but not exceeding 3 months 40%

Exceeding 3 months but not exceeding 4 Months 50%

Exceeding 4 months but not exceeding 5 months 60%

Exceeding 5 months but not exceeding 6 months 70%

How do you lodge a claim with US?

The insured / claimant will intimate claim to TATA AIG via -

I. Call Centre:

• Toll Free Number– 18002667780

• Email - [email protected]

• Website – www.tataaig.com

II. Insured or claimant shall furnish immediate loss details, which shall include details of the loss event, location

of the loss, location of the damaged vehicle, and names and telephone numbers of contact personnel If the

claim is for theft, insured should report to the Police as well as insurer within 48 hrs from theft and obtain an

FIR or a written acknowledgement from the Police authorities.

3. Name of Insured

4. Date & Time of loss

5. Location of loss

6. Nature of Loss

7. Place & Contact Details of the person at the loss location

Note: The above list is only indicative. You may be asked for additional documents. For more details, please refer

to the intimation cum preliminary claim form.

Note: Above mentioned documents are primary documents which need to be provided at the time of

claim. Other documents can be called for as per the treatment undergone

This Policy is subject to IRDAI (Protection of Policyholder’s Interests) Regulation, 2017.

Disclaimer: INSURANCE ACT 1938 Section 41 Prohibition of Rebates

1. No person shall allow or oer to allow, either directly or indirectly, as an inducement to any person to take

out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any

rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor

shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may

be allowed in accordance with the published prospectus or tables of the Insurer.

“Commencement of risk cover under the policy is subject to receipt of payable premium by Tata AIG General

IRDA of India Registration No: 108 | CIN:U85110MH2000PLC128425

Auto Secure – Standalone Own Damage Private Car Policy – Add on covers UIN: IRDAN108RP0001V01201920