While motor insurance is commonly viewed as a legal requirement or protection against accidents, it offers a broader scope of coverage. Comprehensive coverage extends beyond basic third-party liability, encompassing damages from accidents, theft, natural disasters, and more.

Importance of Add-ons:

Comprehensive coverage offers the flexibility to include supplementary features known as add-ons.

These add-ons are designed to enhance the overall coverage and address specific needs that may not be covered by standard policies.

Round-the-Clock Roadside Assistance:

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This add-on provides 24/7 support for policyholders facing vehicle breakdowns, flat tires, engine failures, and other roadside emergencies.

Services include towing, on-site repairs, emergency fuel delivery, and assistance with operational issues to ensure the policyholder’s safety and convenience.

Engine Protection Cover:

This add-on safeguards policyholders against costly repairs resulting from engine malfunctions, lubricating oil leaks, water ingress, and hydrostatic lock.

Given the significant expenses associated with engine damage, especially in flood-prone areas, this cover provides essential financial protection.

Zero-Depreciation Cover:

Standard insurance policies factor in depreciation, leading to reduced claim payouts based on the vehicle’s age and wear and tear.

With zero-depreciation cover, policyholders receive full compensation for damages without deductions for depreciation, resulting in substantial savings during claim settlements.

Limitations and Considerations:

While zero-depreciation cover offers significant benefits, it typically comes with a higher premium compared to standard policies.

Policyholders should be aware of any limitations, such as age restrictions on coverage, imposed by insurance companies offering this add-on.

Consumables Cover:

This add-on covers expenses related to consumable items used during vehicle repairs, such as nuts, bolts, engine oil, and lubricants.

It complements standard insurance policies by addressing costs that may not be covered under basic coverage, thereby reducing out-of-pocket expenses for the policyholder.

Return to Invoice Cover:

In the event of vehicle theft or total loss, this add-on ensures that the policyholder receives compensation equivalent to the original invoice amount of the vehicle.

It covers registration costs, taxes, and other expenses incurred at the time of purchase, providing substantial savings compared to standard comprehensive policies.

Enhancing Overall Value:

By strategically opting for add-on features, policyholders can significantly enhance the overall value of their motor insurance coverage.

These supplementary features address specific needs and potential gaps in coverage, offering greater financial protection and peace of mind during unforeseen circumstances.

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