Steer ahead into a secure future with these wide ranging benefits with Chola Commercial Vehicle Insurance

• A complete comprehensive policy that offers both "Third Party Cover" and "Own Damage Cover"
• Third Party Liability Cover - Personal Liability & Property Liability
• Personal Accident Cover for both owner - driver and passengers
• Protection from losses or damages due to accidental external means, burglary, theft and various other perils
• Discount on OD (Own Damage) premium for claim free policy years - No Claim Bonus
• Cashless claims facility at over 400 Chola MS preferred garages
• Seamless and hassle free claims process

Chola MS will protect your car against:

• Third Party Personal Liability with an unlimited coverage.
• Third Party Property Damage with a maximum cover of Rs. 7,50,000 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 the owner - driver (compulsory): Cover of Rs.2,00,000.
• For unnamed passengers including spouse, children, parents, etc.,: Rs.10,000 to a maximum of Rs.2,00,000 (in multiples of 10,000).

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)

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

* Conditions apply.

While Chola Commercial Vehicle Insurance ut offers you an array of superior benefits, here's what it does not cover.

• Accidental loss or damage suffered while driving under the influence of alcohol, liquor or drugs
• 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.