Saturday, November 29, 2014

ZERO DEPRECIATION ON CAR INSURNACE

Friends,
I have seen many of my clients trying to save a few rupees when taking Car insurance.
They feel that since they have taken Comprehensive Car Insurance, everything is covered.
How wrong they are?
Comprehensive is a "misleading" word.
Yes. It does not cover DEPRECIATION!
HDFC ERGO explains ZERO DEPRECIATION COVER as...

ZERO DEPRECIATION CLAIM
The policy pays the full claim without any deduction for depreciation (excludes Tyres and Batteries) applicable on the own damage section. However, depreciation for parts excluded under India Motor Tariff is payable.
Key Benefits
Minimum “Out of Pocket Expenses”
No Concern about categorization of parts


ZERO DEPRECIATION COVER  gives your CAR with  100% coverage for all parts irrespective of material, whether rubber, plastic or metal. This plays an important role when you replace bumpers, broken headlamps, Airbags, and any other plastic parts, etc.
Please watch this video
 http://youtu.be/TMLSEoJtayw

So, friends you are requested to take a ZERO DEPRECIATION CAR INSURANCE COVER whenever you are taking a Car Insurance policy.
Do contact your Insurance Advisor for more details.