When you choose Chola Protect Car Insurance, you know that you are in safe, reliable hands that promise you not just extra protection but extra benefits too. Here's what you stand to gain.

• Fixed Daily Allowance of RS500 or RS1000 per day to meet the cost of hiring a car (maximum of 5 days per policy period) if your car involved in an accident is under repair at the garage
• Reinstatement Value to ensure maximum claim benefit - Full Car Investment Security with compensation on the basis of the vehicle invoice value# and zero depreciation charges on repaired parts

  # Excluding vehicle registration charges and road tax.

• Depreciation Waiver on Vehicle Parts depending on the age of the vehicle
• Cover for Personal Luggage loss destroyed or damaged in a fire or an accident (the luggage must have been inside the locked car during the mishap). The maximum reimbursement in a policy period is Rs.10,000
• Fast and quick online purchase and renewal facility with simple, hassle free processing
• Chola Assistance for Roadside Emergencies - CARE 24x7 for spot assistance like fuel delivery/ battery top-up or car breakdown assistance like fixing a flat tyre/on-site repair. CARE can be reached at 1800-103-5354 / 1800-209-5354 (Exclusive Toll Free number for CARE Services only). For complete CARE benefit plan, please click here

Chola MS Car Insurance will protect your car against:

• Third Party Personal Liability with an unlimited coverage. Whatever the court awards as your liability to the third party due to accidental death or injuries caused by your vehicle will be met by Chola MS
• Third Party Property Damage with a maximum cover of RS7,50,000 in case of Private Cars
• Own Damage Cover will cover the loss or damage against :
  • Fire, explosion, self-ignition or lightning
  • Burglary housebreaking or theft
  • Riot and strike
  • Earthquake (fire and shock damage)
  • Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm
  • Accidental external means
  • Malicious Act
  • Terrorist Activity
  • Whilst in transit by road, rail, inland waterway, lift or air
  • Landslide, Rockslide

Personal Accident Cover with compensation for owner as well as unnamed passengers including spouse, children, parents, etc.,

Legal liability towards your employees that may arise due to an accident involving the vehicle.

Discounts - No Claim Bonus; Automobile Association Membership Discount; Discount for Anti Theft Devices fitted in vehicle, approved by Automobile Research Association of India (ARAI)

While Chola Protect Car Insurance offers you an array of superior benefits, it’s good to know what it does not cover.

• Accidental loss or damage suffered while driving under the influence of intoxicating liquor or drug
• Accidental loss or damage caused due to willful negligence
• Loss or liability while the vehicle is used outside the scope of limitations of use and / or being driven by a person not duly licensed
• Consequential loss, depreciation, wear & tear, mechanical & electrical breakdown / failure of breakages
• Loss due to radioactivity or nuclear weapons
• Loss due to war and related activities

Please refer to the Policy Wordings for the complete scope of coverage, exclusions and terms and conditions of the policy.

* Conditions apply.

The Insured's Declared Value (IDV) of the vehicle will be deemed to be the 'Sum Insured' for the purpose, which is fixed at the commencement of each policy period for the insured vehicle. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model as the insured vehicle at the commencement of insurance / renewal and adjusted for depreciation.

The schedule of age-wise depreciation is shown below and is applicable for the purpose of Total Loss / Constructive Total Loss claims only.

* Conditions apply.