Check How To Get Roadside Assistance Under Motor Insurance Policy

Check how to get Roadside Assistance under Motor insurance policy

There are very fewer people who have complete knowledge about their motor insurance cover. Most of the Indian population fails to utilize the benefits offered inside their insurance policy.

The main reason is negligence and insufficient information provided by the agents.

Let’s get a quick glimpse of coverage offered by the car insurance -

• Protection from their party liabilities caused due to loss/physical injuries made by the insured vehicle owner to third party property  or body
• Coverage against thefts, burglary, fires and explosions, self-ignition.
• transportation/shipment damages
• Damages coming from riots, strikes, malicious acts, terrorist activities, natural disasters.
• Add-on covers for extra protection- Roadside assistance, Return to Invoice, Nil depreciation, Loss of accessories, cost of consumables, Personal Accident Cover, etc.

So, we are going to explore an add-on option called ‘Roadside Assistance’.

What do you understand by Roadside Assistance?

Roadside Assistance cover gives you the facility of repair when your car becomes dead in between the road. In such a condition getting a mechanic is a time-consuming process and causes difficulty. 

However, you can surpass this situation by adding the Roadside Assistance cover in the motor insurance policy. You only need to deposit an extra premium in supplementary to the basic premium applicable.

Services offered Under Roadside Assistance

• Towing Service: To move the vehicle from the place where the breakdown occurred, the insurer makes a quick availability of towing service. The vehicle is taken to the verified garage network to get expert assistance. Towing facility is free of cost up to 50 kilometers. However, distance fluctuates from company to company.
• Mechanical/electrical breakdown: On-the-spot repair service is provided if the insured car/bike denies working while traveling on a road. A mechanic is assigned who will guide the car owner in jump-starting battery and other small repairs. In case the car owner has been locked out of the vehicle, pickup and delivery of spare keys will also be provided.
• Fuel delivery: We should always keep backup support to combat the contingencies of life. Like while driving, you should keep an extra fuel bottle. But this may not always possible for you. So, in this cover policyholders will get 5 liters fuel delivery onetime. The cost of fuel is to be incurred by the policyholder.
• Hotel Accommodation: Hotel service will be organized, in case the vehicle is under maintenance in a garage. Please focus that only arrangement is made by the company. The rent is to be paid by the policyholder. Plus, the hotel allowed will be nearby to the garage location.
• Flat Tire Service: It’s a very unfortunate thing when the tire of your vehicle gets a puncture in between your journey. To fix the problem, a mechanic will be assigned on the spot to repair the tire condition.
• Cab Service: Most of the companies under roadside assistance cover provides cab service or alternate vehicle support if the insured car is under garage. Compensation for the cost incurred on hiring a cab/taxi is paid by the insurer. The only condition to avail of this service is that your vehicle must be under repair for more than 2 or 3 days.
• Medical Evacuation: Suppose you are going on a long weekend in your car with the family. In between the travel, your car becomes immobilized. Your mother is an asthma patient and suddenly got asthma. Then, you can reach your insurer for medical help. However, the policyholder is expected to meet the treatment expenses by himself/herself.
• Urgent Message Delivery: This facility is exclusively for emergencies. There are monuments when you have to contact your family to give information about where you are.  The insurer will organize a conference call to deliver any urgent messages. 
• Delivery of Repaired Car/Bike: In case the insured vehicle owner is not available to receive the repaired car, then the insurer will take charge of delivering your vehicle at our home.

Companies that offer Roadside Assistance cover

In India, almost every car insurance company provides to keep their coverage competitive in comparison to its competitors.

• Bajaj Allianz
• HDFC Ergo
• IFFCO Tokio
• Tata AIG
• Royal Sundaram
• Universal Sompo
• Reliance General
• National Insurance

So, it completely depends upon you whether you need a roadside assistance cover or not. You should first evaluate your vehicle condition and accordingly, choose your coverage.

How can you Prevent your Life Insurance Claims Rejections?

When do you Need to Raise the Claim?

Your life insurance products come in different shapes and size. You must select the one as per your need and raise the claim accordingly. You may be required to raise the claim in some common events as follows.

• The demise of the Policyholder
• Major Accidents
• Critical Illnesses
• Any other

What is the Process of Raising the Claim?

The process of raising the claim is quite simple. You just need to contact your insurance provider and submit the required documents. If you have purchased your policy online through web aggregators like PolicyX than the process is even simpler. Irrespective of the Insurance provider, you have selected such as HDFC Life, PNB Met Life, Max Life, the process remains somewhat similar. You just have to adhere to the defined procedure as communicated and documented in your policy.

5 Mistakes to Avoid Claim Rejections

• Declare all Mandatory Details at the Time of Policy Commencement
  You should never hide any details from your insurers. If you die because of any of the undisclosed reason that your claim will surely get rejected. This is applicable to the people who smoke on a daily basis. It is also true for the people who suffer from any pre-existing diseases.
• Avoid the Policy Lapse
  In order to get the benefits of the claims, you must renew your policy on time. Every Insurance policy gives you the flexibility to renew it as per your convenience. Most of the people prefer to renew it every year. You may start getting alerts one month before your policy alter. You must make the payment of the premium before the due date to continue the same. If you raise your claim against a lapsed policy than obviously there is no chance for you to get the benefits of the claims.
• Don’t Raise the Wrong Claim Amount
  Whenever you buy any policy there is an amount of the sum insured that is decided in advance. It is applicable to any kind of claim. You may have a different amount of sum insured fixed for your life as compared to the accident. Claim amount that you must raise must be directly related to the amount of your sum insured. If you raise your claim more than the sum insured than your claim may not be approved. Similarly, if the amount of the claim raised is less than the sum insured than you will deprive yourself of the benefit of the remaining amount.
• Submit all the Documents & Follow the Process
  For raising your claim you must submit certain documents as required by your life insurance policy. Some of the documents that you need to submit might be in the original. You must check the process and the requirement about how you need to submit your documents. If you don't submit these documents in original than also there are chances of your claims to get rejected. Along with submitting your document in original, you must also fill the claim form as issued by your insurance company. Submissions of all the mandatory documents are an essential part of raising the claims.
• Contact your Insurance Provider within the Defined Timeframe
  You must raise your claim according to the timelines as defined by Insurance regulatory and development authority of India (IRDAI). If you fail to raise your claim within that time period than your claim may be considered as null and void.
• Claim Should Not be Raised by Anyone Else Other Than you or your Beneficiary
  Only your beneficiary will be entitled to get the raised claim amount. If someone raises the claims besides you or your nominee than it surely is doomed to get rejected.
• Read the Policy Documents Thoroughly
  All the life insurance products and plans offered by different insurance companies got different rules and regulations. You must read the policy documents thoroughly for a better understanding of their terms and conditions. Thorough understanding of your policy terms and conditions can always help you in preventing any kind of claim rejections.

Know more about life insurance - Click Here

Your life insurance is your investment, you must not let your claim get rejected because of your carelessness. By avoiding the mistakes above you can ensure to get the settlement of your claims as per policy term and conditions. Most of the insurance firms facilitate 98% claims settlement, remaining 2% gets rejected because of the mistakes committed by the policyholder. Most of these lapses or mistake are because of the reasons as cited above. You can stay updated about all the procedure so that you can avoid the claims to get rejected because of any aforesaid reasons.

Top 6 reasons why every bread-winner needs a life Insurance

Life insurance is important for anybody who has a family to look after or for someone who wants to achieve a long-term goal. People who are retired and have no income source count on the life insurance policies they invest money on. People who own business also need life insurance as it saves them from financial loss. Also, in the case of business is owned by two or more people life insurance proves beneficial in case of death of any business partners.

A few reasons why Life Insurance is Inevitable

• Paying off the debts:

All of us take loans for various purposes. It could be to start a business, to buy a car, to buy a new house, to get your child married or even for travel. It is our duty to pay off the loans in a time period. However, in case of the insured, it becomes a responsibility of the surviving family members to pay off the debts. However, if you have life insurance there is no cause to worry as it will automatically take care of such adverse situations.

• Saving tax:

According to the current provisions of the Income Tax Act, people who buy a life insurance policy can get tax benefits of up to Rs.1.5 lakh as premium. Apart from that, the family gets free death and maturity proceedings those who own a life insurance premium policy according to the Income Tax Act,1961. There could be no other reason as important and relevant for a person who has a family to look after to purchase a life insurance policy.

• To secure your child’s future:

For those people who have children to bring up needs a life insurance policy to make their future secured. Every child would need financial help to fulfill their dreams and objectives. Without money n,o dreams could be brought true. Hence it is not only necessity but a duty for each parent to see to it that they have a life insurance policy to assure support for the future of their children. Having a life insurance also means a relief and stress-free life where you can have peace of mind. Even if one has a small policy your family remains protected.

• Save a business:

It becomes significant for one to own a life insurance policy if he has a business to run. As a business person one puts in a lot of hard work and money to see their business flourish. However, there could be times of adversities or unknown threats which could challenge the existenceof one’s business. Having a life insurance policy saves a business even if you are doing a partnership business. In case of death of one partner, the other won’t have to compromise or face loss.

• To secure life after retirement:

Those who have a term life insurance policy gather enough funds in their kitty which could take care of their lives after retirement. Hence most of the times the life insurance policies can be used as supplements to cover old age post-retirement.

• Lost income replacement:

If there is only one family member who earns in the family and the others are dependent, it becomes important for the family to have someone support them in case of his death. A life insurance policy could be the source for such families which would provide financial independence after the demise of the breadwinner.

Once a person learns the importance of buying life insurance policy it is crucial to choose the right kind of policy that could fulfil his needs in the future. Depending on whether his need for a life insurance policy is long-term or short-term he should first do his own research and pick the policy that is accurate for him. While purchasing a policy he should keep in mind about the amount that he is going to get as a return, the premium that he would be paid and should finally be happy to learn about additional bonuses and benefits that the policy would bring to him.