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Thread: Can I go for innovative products like - 0% Depreciation, Key Replacement, Emergency Transportation?

  1. #1
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    Default Can I go for innovative products like - 0% Depreciation, Key Replacement, Emergency Transportation?

    I have been hearing that some insurance companies are offering new innovative products like - 0% Depreciation, Key Replacement, Emergency Transportation, No Claim Bonus Protection etc.
    1-Can you throw some light on the same?
    2-Can I go in for 0% depreciation by paying extra and claim 100% of the cost in case of an accident/damage to my car?

    3-Does a vehicle insurance provide any kind of cover to the driver/passengers in case of hospitalization/death?



  2. #2
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    Quote Originally Posted by ag35 View Post
    I have been hearing that some insurance companies are offering new innovative products like - 0% Depreciation, Key Replacement, Emergency Transportation, No Claim Bonus Protection etc.
    1-Can you throw some light on the same?
    Please read in this article Link
    2-Can I go in for 0% depreciation by paying extra and claim 100% of the cost in case of an accident/damage to my car?
    Yes, why not?
    3-Does a vehicle insurance provide any kind of cover to the driver/passengers in case of hospitalization/death?
    No for hospitalization, Third Party Death is covered.
    You will pick up maximum wrong numbers when on roaming.

  3. #3
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    3-Does a vehicle insurance provide any kind of cover to the driver/passengers in case of hospitalization/death?
    Under car insurance driver/passengers are covered under personal accident cover and get benefit as per PA policy.

  4. #4
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    The 0% depreciation is gimmick. I would say go with PSU's Insurance with comprehensive insurance policy.

  5. #5
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    Quote Originally Posted by Arvind kumar View Post
    The 0% depreciation is gimmick. I would say go with PSU's Insurance with comprehensive insurance policy.
    It's not a gimmick. They (insurers) are charging extra premium to provide extra cover. I don't see any cover up here.
    * SAFE
    Self Appointed Financial Expert


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