Monday, March 4, 2024

royal sundaram vs tata aig car insurance

want to know about tata aig car insurance vs royal sundaram ? if yes then this article is for you.

After reading this article you will have the complete information about royal sundaram insurance and tata aig car insurance.

Having a third party insurance is mandatory to drive a vehicle in India as per the  motor vehicles act, 1988. So, it is important to purchase perfect car insurance according to choice and need. 

TATA AIG car insurance and Royal sundaram car insurance are two famous car insurance providers that offer multiple policies in multiple ranges with multiple filters that cater to the needs of multiple persons.

In this article, we are going to know about both of these insurance providers named TATA AIG car insurance and Royal sundaram car insurance, their benefits and importance in complete detail.

TATA AIG car insurance

This is an Indian joint venture between TATA group holding 74% and American International Group(AIG) holding 26%, that is named TATA AIG general insurance company limited, founded in 2001. 

The company has made its name in the market by providing top quality services and different kinds of policies. The company provides personal insurance, automobile insurance and corporate insurance as well.

Services offered by TATA AIG general insurance company limited

TATA AIG general insurance company limited operates in the following sectors like-

  1. TATA AIG Car insurance
  2. TATA AIG Two wheeler insurance
  3. TATA AIG Home insurance
  4. TATA AIG Travel insurance
  5. TATA AIG Health insurance
  6. TATA AIG Property insurance
  7. TATA AIG Liability insurance
  8. TATA AIG Marine insurance

In this article we would be considering about TATA AIG car insurance.

Features offered by TATA AIG

  1. Personal accident, PA cover – There can be claimed a personal accident cover of up to 15 lakhs.
  2. First party cover – It provides first party coverage, thus covering self damage or personal vehicle damages insurance.
  3. Third party liability –  It also provides third party insurance covers that cover third party or vehicle damage occurring in unfortunate mishaps.
  4. No claim bonus – For every 5 consecutive no claim years, you would be getting 50%* discount.
  5. Comprehensive cover – with a comprehensive insurance cover, it would be covering first party insurance along with natural disasters, theft and more.

Other Benefits

  1. Zero depreciation cover
  2. 98% claim settlement ratio
  3. 5400+ network garages
  4. 24*7 assistance and more

Royal sundaram car insurance

Royal sundaram general insurance co. ltd, formerly known as royal sundaram alliance insurance company private limited, is India‚Äôs first private sector general insurance company licensed in oct, 2000 by the Insurance Regulatory and Development Authority of India, IRDAI. 

It is a subsidiary of one of the most reputed sundaram finance groups having more than 2000+ employees, 28 Million customers and 110+ branches across india.

Features offered by Royal sundaram car insurance

  1. Third party liability –  It covers third party or vehicle damage occurring in unfortunate mishaps.
  2. First party cover – It covers self damage or personal vehicle damages.
  3. Comprehensive cover – with a comprehensive insurance cover, it covers first party insurance along with natural disasters, theft and more.
  4. Personal accident, PA cover – There can be claimed a personal accident cover of up to 15 lakhs.
  5. Quick claim settlement- claim settlement under 10 days is provided.
  6. Protection from inflation – No increment in premium due to inflation.

Other Benefits

  1. Minimal documentation
  2. No claim bonus
  3. Vehicle replacement value plus
  4. Lot of add-ons and additional coverage

Read More

Conclusion

So, now we know about both the TATA AIG car insurance and Royal sundaram car insurance, it is easy to choose better options while choosing an insurance. Both the companies offer a wide range of insurance policies. Finally, it totally depends upon the end user which factor lets him choose the right insurance for themselves. Thank you for reading this article.

*Data published are from the internet. We are not promoting any insurance. Kindly verify yourself before taking any policy. thanks

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles