Types of Vehicle Insurance
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Private Car
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Two-Wheeler
More About Vehicle Insurance
HDFC Bank offers a range of Vehicle Insurance products, including Private Car Insurance, Two-wheeler Insurance and Commercial Vehicle Insurance. Here are some key features:
Vehicle Insurance provides financial protection against unexpected expenses due to accidents, theft or damage to your vehicle. It covers repair costs or replacement, liability towards third parties for property damage or bodily injury and sometimes medical expenses for injuries sustained in accidents. It ensures peace of mind and compliance with legal requirements.
Whether you wish to buy or renew your Vehicle Insurance Policy, the general documents you need to provide include:
*The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Frequently Asked Questions
In Vehicle Insurance, an accident refers to a sudden, unforeseen event involving the insured vehicle that results in damage or loss. This can include collisions with other vehicles, objects or pedestrians, as well as events like overturning or fire.
A Personal Accident Insurance coverage plan typically covers the policyholder against accidental death, permanent total disability and sometimes partial disability resulting from an accident. It provides a lump sum payment to the insured or their beneficiaries in case of death or disability caused by an accident.
Accident Insurance typically comes in several different types, each designed to cover specific aspects of accidents and their aftermath. Here are the common types:
Personal Accident Insurance: This type of insurance provides coverage for accidental injuries, disabilities and death resulting from accidents.
Travel Accident Insurance: Often included as part of Travel Insurance, this policy covers accidents that occur while traveling.
Catastrophic Accident Insurance: This type of insurance provides coverage for severe accidents that result in significant injuries or disabilities.
Accidental Death and Dismemberment (AD&D) Insurance: AD&D insurance pays benefits if the insured person dies or loses specific body parts (like limbs or eyesight) due to an accident.