Motor Insurance

Any partial or total loss to your vehicle arising out of accident or on account of fire and special perils is covered

Covers third party property damage, upto 7.5 lakhs, and third party bodily injury

No deduction on count of salvage value

With the innovative Green Channel Settlement which gets value added propositions through accredited garages. Additionally, get direct settlement facility at special garages.*

All Auto Secure policyholders are eligible for upto 6-month accident-repair warranty, through the Green Channel Settlement option

Quality spares and materials, guaranteed.

• Depreciation reimbursement: Full claim without any deduction for depreciation on the value of parts replaced. The cover is available for vehicles upto 3 years old and operates for maximum 2 claims during the policy period.
• Return to invoice: Covers the difference between the ‘claim amount receivable’ under the policy and the ‘purchase price of vehicle or current replacement price’ in case the vehicle is declared a Total Loss or a Constructive Total Loss. In case the same vehicle make and model is available at a lower price than the purchase price, then the lower price will be considered for arriving at the differential amount. The cover also pays first time registration charges and road tax on the insured vehicle. Cover is available for vehicles upto 3 years old. This cover is available only to first registered owner of the vehicle and is not available for imported vehicles.
• Daily allowance: Pays a fixed sum as an allowance towards hiring a transport while the vehicle is under repair for a valid claim and the repair time is more than 3 days. The cover will be valid for maximum 10 days and in case of total loss/theft claims, validity will be upto 15 days.
• No claim bonus protection: Provides the protection of NCB in case of one valid own damage claim in the policy during the policy period. The cover can only be provided in case the vehicle has 25% No Claim Bonus and no claim in preceding 2 years. The protected NCB is available only if vehicle is renewed with Tata AIG.
• Repair of glass, fibre, plastic and rubber parts: In case any of the glass, fibre, plastic and rubber parts are repaired in case of a claim, the No Claim Bonus is not impacted and the insured continues to enjoy the same on renewal.
• Key replacement: Pays the cost to replace vehicle keys if lost or stolen, plus the cost of locks if the vehicle is broken into.
• Emergency transport and hotel expenses: Pays the cost of overnight stay and transportation charges for returning to the place of residence or the nearest city of travel, if the vehicle becomes immobile due to an accident while travelling outside municipal limits.
• Loss of personal belongings: Pays for the loss or damage to personal belongings inside a vehicle at the time of loss or damage to the vehicle.

Insurance is the subject matter of solicitation. Axis Bank is the Certified Corporate Agent for TATA AIG Gen. insurance Co. Ltd. and nothing contained on the Website shall constitute or be deemed to constitute an advice, an offer to purchase or an invitation or solicitation to undertake any activity or enter into any transaction relating to the Gen. Insurance Products. Participation by Axis Bank customers shall be purely on voluntary basis. The contract of Insurance is between TATA AIG General Insurance Company and the insured, and not between Axis Bank and the insured.