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Old 15th May 2009, 23:16   #1 (permalink)
Rohini
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Join Date: Aug 2007
Location: Hyderabad
Posts: 17
Default Tata AIG's 0% Depreciation Car Insurance

Tata AIG is the first to obtain go ahead from IRDA to provide ADD ON covers to their car customers. They are offering 0% Depreciation, Daily Allowance, Key Replacement, Return to Invoice, Emergency Hotel & Transportation, No Claim Bonus Protection etc. These are very good extensions to the existing policy which will definetely cost a bit more. Especially 0% Depreciation cover offers full settlement of claim without any deduction for depreciation. (existing policies of all companies pay only 50% of Rubber / Plastic parts; 5% -50% deduction on Metal parts in case of accident claims) Check with the local Tata AIG office.
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