Full Depreciation Waiver Cover |
- Replacement of parts will be paid in full without deduction for depreciation
- Available for Vehicle upto five (5) years of age from the date of first registration
- Two (2) claims admissible in a Policy Period
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Return to invoice |
- In the event of Total Loss, we offer cover for
- Invoice cost of the New Vehicle
- Registration charges
- Road tax
- Insurance paid for your existing policy
- Available for Vehicles upto five (5) years of age from the date of first registration
- One (1) claim in a Policy Period
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Monthly Installment Cover |
- 1 EMI for Partial/Total Loss/Theft payable to Financier
- Time Excess of 5/10/15 days as per option of Insured
- Available upto five (5) years from the date of first registration
- Maximum of two (2) claims will be considered in a policy period
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Daily Cash Allowance |
- Daily Cash Allowance of ₹250 or ₹500 or ₹750 per day to the Insured
- Time excess of three (3) days after entrustment of vehicle to repairer
- Payable maximum for five (5) days during the policy period
- Available upto ten (10) years from the date of first registration
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Hydrostatic Lock Cover |
- Replacement of Engine/Gear Box/Differential Assembly parts due to water logging/lubrication
- Available upto ten (10) years from the date of first registration
- Maximum of one (1) claim under the policy
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Chola Value Added Services |
- Road Side Assistance Services provided during emergencies
- There are eight (8) listed Road Side Assistance Services for Two Wheeler:
- Breakdown support over phone
- On site minor repair:
- Fuel delivery
- Flat tyre support
- Battery jump start
- Transfer/Towing of the vehicle
- Relay of urgent messages
- Provision of taxi
Assistance handling procedure:
- Insured can call Emergency Helpline of the Facilitator in case of accident or electrical or mechanical breakdown of the Insured Vehicle
- Insured to furnish the following details to the facilitator:
- Name
- Motor Insurance Policy Number and/or Cover Note
- Vehicle Registration Number
- Vehicle Make and Model
- Breakdown Location
- Policy Start Date and End Date
- An indication as to the nature of the problem and Service requested
- Facilitator will despatch the Services after checking Supplier Network at the place of breakdown
- Facilitator will send service professional to the Insured’s location to render necessary services.
- Facilitator will check with the insured on service arrival and if not arrived, will check with the supplier for alternate arrangement
- Services will be provided on 24 x 7 basis on all the days in a year.
- The services are available PAN India excluding North Eastern States, Jammu and Kashmir and Islands
- Customer is covered from the moment customer starts or tries to start the vehicle
Facilitator: India Road side Assistance Private Limited, Toll Free: 1800 1800 1035354 / 1800 2095354
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