New India Motor Insurance
New India Assurance Company offers New India Motor Insurance Plans. New India Assurance General Insurance offers Insurance policies not only for Motor but also for Home, Health, and Travel. The Various New India Motor Insurance Plans are New India Two Wheeler, New India Personal Accident, New India Commercial Vehicle, New India Car Insurance. As per your requirements, you can select any of the Motor insurance plan since all these Motor products are tailor-made satisfying the needs of people. The premiums will be as per your sum assured. The Policyholder can pay Premium using New India Motor Insurance Online Premium Payment. The Insured can calculate the premium using New India Motor Insurance Premium Calculator.
About New India Assurance Company
Sir Dorabji Tata founded new India Assurance (NIA) in 1919. Later it was nationalised in 1980. New India Assurance is a government-owned multinational General Insurance Company. The Company is headquartered in Mumbai. New India Assurance Company Ltd has branches in 22 countries. New India is the only direct insurer in India rated A-(Excellent – Stable outlook) by AM Best. This Company has nearly 20,000 employees to serve its customers. The New India Assurance Company is a one of the General Insurance Company among five Wholly Government of India owned assurance companies. It is the largest general insurance company from the gross premium collection. You can calculate the premium using New India Motor Insurance Premium Calculator. New India Motor Official Website is www.newindia.co.in.
New India Motor Insurance Policy Details
New India Motor Insurance Features and Benefits
The New India Motor Insurance Features and Benefits varies for different Plans.
New India Assurance Personal Accident Policy
- New India Assurance Personal Accident policy, is designed for providing compensation for the insured person in case bodily injury or death caused due to the unfortunate accident.
- It offers ‘Death only cover’ to cover the death of insured person.
- It offers additional family package cover where the spouse and dependent children can be covered on a single policy with 10% discount on premium.
- This policy covers expenses incurred for carriage of a dead body from accidental place to hospital.
- An education fund for a maximum of 2 children is payable in case of death or permanent injury of the insured person.
New India Assurance Two Wheeler Insurance Policy
- Additional Discount will be available to you if you are a member of Automobile Association.
- Discount will be provided for Anti-theft devices installed in your vehicle.
- Concession will be given for laid up vehicle, use of vehicle within Insured’s premises and attaching side car for Two wheeler.
- It provides third-party liability coverage facility.
- You can get no-claim discounts ranging from 20% to 50%, depending upon the type of vehicle and the number of years for which no claim has been made on renewing of your policy.
New India Assurance Commercial Vehicle Insurance policy
- It covers the loss caused to your commercial vehicles.
- No Claim Bonus and Loading will be available as per Claim Experience of Insured.
- The extra premium will be charged for electrical fittings, CNG unit, LPG fuel tank, Fibreglass Tank and Trailer attachment.
- Additional Discount will be available to you if you are a member of Automobile Association.
- Discount will be provided for Anti-theft devices installed in your vehicle.
New India Assurance Car Insurance policy
- New India Assurance Car Insurance covers the loss caused due to damage of your insured car.
- It also pays for towing charges maximum of up to Rs. 1500/- for cars.
- The company will settle the bill directly to the garage in case of an authorised garage. You have to submit the bills in case if you have repaired your vehicle in an unauthorised garage.
- New India Assurance Car Insurance Policy provides you two types of coverage facilities.
- Liability only policy.
- Package policy.
New India Motor Insurance Coverages and Inclusions
The New India Motor Insurance Coverages and Inclusions varies for different Plans.
New India Assurance Personal Accident Policy
- Accidental medical expenses: It reimburses lower of 10% of sum insured or 40% of the death compensation will be payable on paying an extra premium.
- Dead body transportation: New India Assurance Personal accident policy provides additional expenses for carriage of a dead body from the place of accident to the hospital.
- Temporary total disablement: When an insured person becomes temporarily disabled due to an accident like fracture of the leg, a weekly payment of 1% on the capital sum insured is paid until the insured person totally recovered.
New India Assurance Two Wheeler Insurance Policy
- It Provides you higher towing charges by paying an extra premium.
- It covers the loss caused due to damage of accessories installed in your vehicle.
- It provides Legal liability to employees.
- A restricted Cover is also available to cover theft/fire in addition to the compulsory cover granted under Liability only policy.
- It provides you additional Towing charges up to 300/- for scooters/motorcycles from the accident place to workshop.
New India Assurance Commercial Vehicle Insurance policy
- A restricted Cover is also available in New India Assurance Commercial Vehicle insurance to cover theft/fire in addition to the compulsory cover granted under Liability only policy.
- It provides you an additional Towing charges from the accident place to workshop up to 1500/- for commercial vehicles.
- It also Provides you higher towing charges by paying an extra premium.
- It covers the loss caused due to damage of accessories installed in your vehicle such as stereos, fans, Air-conditioners.
- Personal Accident Coverage: The New India Assurance commercial vehicle insurance policy provides you Compensation for bodily injury or death of the owner/ driver of the vehicle.
New India Assurance Car Insurance policy
- It offers you an additional discount on Anti-theft devices installed in your vehicle.
- A restricted Cover is also available to cover theft/fire in addition to the compulsory cover granted under Liability only policy.
- It provides you an additional personal accident coverage facility under private car policies for passengers and paid driver.
- It provides Legal liability to employees.
- It provides you additional Towing charges from the accident place to workshop up 1500/- for a car.
New India Assurance Motor Insurance Plans
Here we are providing the Key Benefits, Coverages, and Inclusions of New India Motor Insurance Plans. You can see the list of Motor Insurance Plans given below.
- New India Two Wheeler Insurance Policy.
- New India Personal Accident Insurance Policy.
- New India Commercial Vehicle Insurance Policy.
- New India Car Insurance Policy.
The Insured will be covered with extra benefits as per the plan opted. For more details about New India Motor Insurance plans, refer the below section.
Overview of New India Motor Insurance Plans
New India Two Wheeler Insurance Policy covers the loss that has to be paid by the insured when he involves in any third-party damage. It also covers the loss caused due to damage of your vehicle. The Rate of Compensation and the Rate of depreciation under personal accident will be covered as per the details mentioned in the Two Wheeler Insurance Plan. For more information, please refer below link.
New India Two Wheeler Insurance Policy
New India Personal Accident Insurance Policy offers different coverage facilities like death only, family package cover. This policy offers compensation for bodily injury or death of an insured person due to an accidental by external, visible and violent means. This policy operates as worldwide, and it is a 24-hour cover facility. For detailed information, please refer below link.
New India Personal Accident Insurance Policy
New India Commercial Vehicle Insurance Policy covers the loss that has to be paid by the insured when he involves in any third party damage. This policy also provides coverage for co-passengers in your vehicle. Under this Policy loss caused due to damage of commercial vehicles are also covered. For more information, please refer below link.
New India Commercial Vehicle Insurance Policy
New India Car Insurance Policy provides you two types of coverage facilities like Liability only policy and package policy. It covers the loss caused to your vehicle. This Policy also covers the loss that has to be paid by the insured when he involves in any third party damage. For detailed information, please refer below link.
New India Car Insurance Policy
New India Assurance Motor Insurance Related Documents and Posts
Here we are providing related posts of the New India Assurance Motor Insurance. Click the below links, if you want to know the details about the Online Payment, Recruitment, Renewal, Claim Forms, and Documents.