Explain Raheja QBE insurance extra covers

 

Explain Raheja QBE insurance extra covers

Raheja QBE explained the additional covers. Go through this article to write a note of additional covers for your car insurance.

Additional covers are optional coverage benefits that can be purchased in addition to your car insurance policy at an additional cost. Raheja QBE's additional coverage provides Raheja General Insurance with a range of additional coverage options for its comprehensive autonomous car insurance policies. 

Explain Raheja QBE insurance extra covers

Car insurance extensions are optional coverage that enables you to increase the scope of your policy in exchange for an additional payment. Raheja QBE - 9 additional coverage options critical to your car insurance policy are-

1. No depreciation coverage

It is one of the most often suggested additions because it allows you to recover depreciation minus the value of alternative components under your damage claim. When you get this coverage, you transfer the responsibility of paying for your car and its members to the insurance company. Under this addition, all components of your vehicle are fully protected from consumption, except tires, pipes and batteries, which are 50% covered.

2. Engine Guard

This addition covers engine damage, gearbox, transmission or differential assembly caused by water leakage and oil leakage. This is a necessary addition because your car engine and communications are not covered by default under your car insurance policy.

3. Personal consumption expenses

This addition protects you from consumer costs such as bolts, nuts, bolts and oils that are not covered by regular car insurance policies and must pay for them if they need to be repaired or Replace. This coverage compensates for the cost of consumables that must be returned due to an accident in your car.

4. Cover to protect key

This addition covers the cost of replacing your car keys if they are lost or stolen. Additionally, this addition covers the cost of replacing your car lock if it is damaged.

5. Back to the bill

In the event of theft or total loss, this add-on enables you to receive compensation for the invoice value of your vehicle instead of the declared insured value (IDV). Therefore, this addition helps you get the exact amount paid to the car at the time of purchase. The bill price includes registration cost, road tax, insurance premiums as well as IDV.

6. Benefits of daily transport

The daily allowance benefit compensates you for the alternative rental transport costs you may spend if your car is in the garage for more than three days for maintenance.

7. Loss of personal property

This coverage compensates you for the loss or damage of personal items in your vehicle at the time of the accident. This addition covers personal property other than jewelry, cash, artwork and similar objects.

8. Protector of tires and rims

This addition covers the cost of repairing and replacing tires, pipes and rims that were damaged in an accident without causing damage to your car.

9. Noncommunicable barrier retention coverage

There is no claim bonus that is a benefit you receive at the time of policy renewal if you do not make a single claim throughout the policy period. However, if you make one claim, this NCB is forfeiture. This insurance guarantees the protection of the no-claim bonus at renewal, even if you claim the policy period.

Take away

Recently these days, when public insurance companies provided basic car insurance only, companies now offer a variety of additional coverage in addition to the insurance policy On your basic cars at an extra price. QBE Raheja General Insurance provides comprehensive insurance called the Special Car Package Policy, which protects the policyholder's vehicle against both self-inflicted damage and third-party liability. Personal accident coverage is included as part of the package policy.

Read also:

Points to remember about auto insurance for beginners

The advantages and disadvantages of staying with an insurance company

Disclaimer: This article is published in the public interest and is intended for public information purposes only. Readers are advised not to rely on the contents of the article as crucial in nature, and further research or expert consultation should be conducted in this regard.