Cholamandalam Car Insurance

About Cholamandalam Car Insurance

Cholamandalam MS is a general insurance company formed as a joint venture between the Murugappa Group and Japan-based Mitsui Sumitomo Insurance Company Limited. It sells a number of insurance policies including car insurance policy which protects you from financial liabilities arising out of accidents/mishaps involving your vehicle.

Cholamandalam offers all three types of car insurance policies. These are third party car insurance policies, standalone own-damage car insurance policies, as well as comprehensive car insurance policies. The insurer also offers a wide array of add-on covers along with these car insurance policies that enable you to customise your policy as per your requirements.

Since its establishment in 2001, Cholamandalam has made a record of settling more than 2 lakh claims every year. With around 104 branches across the country and around more than 8,800 advisory networks, Cholamandalam is catering to the needs of around 90 lakh customers presently.

Cholamandalam MS Car Insurance

Cholamandalam MS General Insurance Company makes sure that your car stays safe and secure against any unforeseen incident and your expenses are entirely covered in the wake of any such incidents. Hence, the insurance company provides different types of car insurance plans which comprise third party car insurance, standalone own-damage car insurance and comprehensive car insurance. All these car insurance policies are designed to protect you from any legal and financial liability which you may incur towards a third party if involved in an accident and to provide you coverage for damages or loss sustained by your own car after a collision or a mishap.

With a range of add-on covers for private cars, the insurance company allows its policyholders to enhance their car insurance policy coverage. Cholamandalam MS offers an extensive range of add-on covers which include zero depreciation, no claim bonus protection, consumables cover, daily cash allowance, key replacement cover, consumables plus cover, and so on. To make people enjoy insurance plans at affordable rates, the insurer provides various sorts of discounts such as No Claim Bonus, Automobile Association Membership Discount, Discount for Anti-Theft Devices, etc. The car insurance plans of Chola MS comes with some more benefits with it like availability of live video streaming for an instant claim, 24/7 customer support and so on.

Significant Points of Chola MS Car Insurance

Cholamandalam Car Insurance Benefits

• Safeguards your car against all-natural and manmade calamities such as flood, cyclone, riot, strike, etc.
• A cover for personal injuries of third parties in an accident.
• Provision of No Claim Bonus (NCB) discount on Own Damage (OD) premium for claim-free policy years.
• Cashless claim settlement facility at more than 6,900 network garages approved by the company.
• Easy and hassle-free claim initiation and instant disbursal of the claim amount.
• Availability of 24x7 customer support service on all 7 days of the week.
• Availability of ‘On-site Minor Repair’ add-on which includes repairs such as oil change tyre change that take less than 45 minutes at the breakdown spot.
• Availability of add-on for free towing service of up to Rs 1,500.