L & T Car Insurance Policy Highlights
| Features | Specifications |
| Third Party Cover | Upto 7.5 L |
| Cashless Network Garages | 1000 |
| Incurred Claim Ratio* | 75.84 |
| Net Earned Premium* | 22346 |
L&T General Insurance
L&T General Insurance Company Limited is a fully owned subsidiary of Larsen & Toubro Limited, a company that is a common household name in India and was selected among the world’s Top-50 ‘Most Reputable Companies’ in June 2009 by the Forbes-Reputation Institute. L&T General Insurance is a world-class company that utilities the very best technological and human resources to drive real value to its customers
Key Highlights & Features of L&T Private Car Package
- Policy is issued instantly and with a limited expenditure of time, effort and documentation.
- Robust cashless claim settlement at L&T Insurance certified chain of garages across India.
- Claim assistance available all days of the week (between 7am and 11pm) through a professional team of customer support specialists.
- Survey will be conducted within 4 hours from the point of claim initiation if the vehicle has been towed to a workshop.
- If no claims are initiated through a tenure, then you are eligible for ‘No Claim Bonus’ that will be offered on renewal of your policy.
- Free and timely renewal reminders.
Scenarios Covered as per the L&T Private Car Package
| Natural Mishaps | Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide. |
| Man-made | Burglary, theft, riot, strike, malicious act, accident by external means, any damage in transit by road, rail, inland waterway, lift, elevator or air, etc. |
| Third Party Legal Liability | The policy also provides for scenarios wherein your vehicle might have been the cause of/ been part of an accident that resulted in the injury, disability or death of an individual (not directly related to you) or caused damages to a third party property. |
| Personal Accident Cover for the Owner | This covers accidental death or permanent total disability as endured by the owner when he/she is driving. This personal accident cover can also be extended to unnamed passengers who might have been part of the accident. |
| Additional Covers | Herein, additional protection can be purchased to account for the following scenarios-
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Exclusions- Incidents that aren’t covered by the Policy
- General and natural aging that results in wear and tear.
- Damage caused to a vehicle when the driver wasn’t carrying a driver’s license, and/or driving under the influence of alcohol or other mood/mind stimulating substances.
- Mechanical or electrical breakdown.
- Loss sustained financially as a consequence of the accident.
- If the vehicle was operated outside India at the time of the accident (this doesn’t apply if additional coverage in this regard is purchased).
- If the vehicle is utilized under an agreement that hasn’t been intimated to L&T Insurance.
