Motor Insurance

Car Insurance is a type of Insurance policy that efficiently takes care of expenses arising from unfortunate events , such as an accident , theft , and any third - party liability .Car insurance is the best way you can protect yourself and your car from financial emergencies , including any legal liability , resulting from physical damage , traffic collision , bodily injury caused to you , your car , or a third party , Various car-insurance-specific terms & conditions are subject to vary with legal regulations in different regions of the country.

Car Insurance is mandatory for third party and advisable to take it for own damage purpose as well.

The premium for your car insurance depends on the below mentioned factors:

  • IDV.
  • Year of manufacture.
  • Cubic capacity.
  • Geographical location.
  • No claim bonus (NCB)


This covers damages and losses caused to your car as well as third-party liability. By this we mean,

  • Road Accidents.
  • Theft.
  • Natural Disasters - Earthquake, floods, cyclones, landslides, etc.
  • Man-Made Disasters - War, Riots, terrorism, strikes, fire, etc.

In Own-Damage, the premium is thus calculated based on a. Insured Declared Value (IDV) b. Age of Vehicle c. Cubic Capacity of the Car's Engine.


The owner of the car is legally liable for any injury or damage to third party life or property because of an accident caused by them. Driving a motor vehicle without insurance in a public place is a punishable offence in terms. In case of an accident that results in fatalities for the third party, the Third Party (Liability) comes to your rescue. The compensation is fully paid by the insurer.

What does third-party insurance policy compensate?

  • Death or bodily injury to the third party.
  • Damage to third-party property.
  • Death of the insured vehicle owner or driver.
  • Permanent Total Disability of the insured vehicle owner or driver.

Third party property damage that will be covered is up to 7.5 Lakh and in case of physical injuries/death it will be taken into court tribunal.

Personal Accident Cover.

The PA cover is a relief in unfortunate and unforeseen events. This is especially when you meet with a fatal accident or are rendered disabled in whatever capacity.

Under the policy, most risks related to accidents such as burns, broken bones, disability or deaths are covered. The need of the cover is such that the law compulsorily statutes that PA cover is provided to the owner-driver.

Add-On Covers.

Add-ons work as a security blanket in preventing you from burning a hole in your pocket at the time of claim. It hikes up the premium a little. But if used smartly, then it's totally worth it.

Zero Depreciation add-on cover plan comes with a cost. However, it provides adequate coverage for eventualities.

The passenger cover is another add-on cover in which you may increase the sum insured and also provide for other passengers. Similarly, there are few other essential add-on covers that you can choose from.

Now buy car insurance at unbelievable rates and added features. These are exclusively brought to you by TATA AIG General Insurance Company because you are a member of ICSI.

We understand that your car provides you with freedom of movement and independence. Now add complete peace of mind to that by buying TATA - AIGs Auto Secure Private Car Package that provides the most comprehensive of covers at the lowest rates possible. Now enjoy your freedom and absolute peace of mind and security.

Insurer: Tata Aig General Insurance Company Ltd.

Insurance Consultant/Broker: Marsh India Insurance Brokers Pvt. Ltd


  • High own damage discounts.
  • Add-on coverages up to 10 years.
  • Exclusive rates for zero depreciation , consumables , engine secure & road side assistance.
  • Hassle-free policy & instant claim servicing.