When you choose commercial vehicle insurance cover from Chola MS, you gain:
- Double benefits with a single policy: This comprehensive commercial vehicle insurance policy offers both "Third Party Cover" and "Own Damage Cover"
- Discount on premium: Enjoy the "no claim bonus" discount for claim-free policy years.
In a one-of-its-kind motor insurance policy, Chola MS introduced Commercial Vehicle Insurance to protect vehicles that are not used for personal requirements. It particularly covers any damage or loss that your vehicle might incur due to a strike, earthquake, riots, burglary or any such disasters. The right insurance policy can keep you and your vehicle protected against any unfortunate incident.
Chola MS Commercial Vehicle Insurance covers your commercial vehicle against unfortunate damages caused due to riots and strikes, attempts of burglary, hailstorm, cyclone and other disasters. Apart from that, it also protects you against any losses caused by your vehicle to a third party, which may result in their bodily injury or death. Thirdly, it also provides Compulsory Personal Accident Cover (CPA) for the registered vehicle owner by providing financial support upto Rs. 15 lakh, in case of the accidental death or disability of the insured.
With Chola MS, your commercial vehicle is protected against Third Party Personal Liability with unlimited coverage and Third Party Property Damage with a maximum cover of Rs. 7,50,000, in case of private cars.
Chola MS aims to make the process as smooth as possible for you - When the accident occurs, ring us up at 1800-208-5544 or register your claim online. The surveyor will then visit the spot of the accident and verify the documents. The claim process will then begin after which a settlement will be made.