Cholamandalam Car Insurance

Add-On Covers Of Chola MS Car Insurance

• Here are some add-on covers that you can buy with your Chola MS car insurance.Monthly Instalment Cover If you pay an extra premium, this cover protects you if you can't pay the car loan's monthly instalment because of an accident involving your car.Coverage for Disabled Vehicle If your car gets damaged and you cannot move, this cover helps pay for the cost to remove or fix the disabled car.Coverage of Insurance Cost If your car is declared a Total Loss (including theft) or Constructive Total Loss (CTL), the insurance company will pay for the insurance cost of a new car you buy after that. This only applies if your new car is of the same type and insured with Chola.Consumables Cover & Consumables Plus Cover This cover helps pay for items like engine oil, nuts, bolts, and other small things used during the repair of your car after an accident.Registration Certificate Lost Cover If you lose your car’s Registration Certificate (RC), this cover gives you a fixed amount of Rs. 2,000 to help you get a duplicate RC.Franchise Benefit You get a discount on your own-damage premium if you agree to pay the first ₹5,000 of every small damage claim.Waiver of Depreciation The insurance company pays for the damaged car parts without cutting money for depreciation. This means you get a higher claim amount.Reinstatement Value Basis for IDV Your car is insured based on its original invoice value (without road tax and registration charges). This helps you get a better claim amount if your car is fully damaged or stolen.Road Tax/Registration Charges Cover (Total Loss) If your car is completely damaged or lost, this cover pays you back the money you spent on road tax and registration charges.Duplicate Key Cost Cover If you lose your car’s original key, this cover pays you back the cost of getting a new duplicate key.Daily Cash Allowance If your car is in the garage for repairs after an accident, you get Rs. 500 or Rs. 1,000 per day (depending on your choice) to help you manage travel expenses.Auto Extension of Policy Your policy automatically gets an extra 30 days after the expiry date when you renew it.Personal Belongings Cover (Inside Your Car) If your clothes or personal items kept inside your car or in the boot get damaged or stolen due to fire, theft, or an accident, the insurance company will pay you for their current value.License Loss Cover If you lose your driving licence, this cover gives you a fixed amount of ₹500 to help you get a new duplicate licence.Discount for Repairs in Preferred Workshops If you choose to repair your car at one of Chola's preferred workshops, you can get a 5% discount on the repair cost.Wrong Fuelling Cover If you accidentally fill the wrong fuel in your car, this cover pays for cleaning the fuel tank and fixing any parts that were damaged (after applying depreciation).Hydrostatic Lock Cover & Hydrostatic Lock Plus Cover If water enters your car’s engine or if oil or coolant leaks and causes damage, this cover pays for repairing or replacing parts like the engine, gearbox, transmission, or differential. It also covers accidental damage to these parts.Key Replacement Cover If your car keys or lock system get damaged, stolen, or lost, this cover pays you back the cost of repairing or replacing the keys or the entire lock mechanism.

Documents Needed to Buy Chola MS Car Insurance

• To buy Cholamandalam car insurance, you need a few basic documents. Keep these ready:Your car details registration number, delivery date (for a new car), brand, model, fuel type, engine number, and chassis number.Your personal details full name, date of birth, address, mobile number, and PIN code.Nominee details name of the person you want to nominate and how they are related to you.Any ID proof PAN card, Aadhaar card, or passport.Any address proof Aadhaar card or voter ID.Car documents RC copy for an old car or delivery date for a new car. One passport-size photo for KYC.

How to Buy Chola MS Car Insurance from the Square Insurance Website?

• You can buy Chola MS car insurance online easily. Just follow these steps:Go to the Square Insurance website.Enter your car’s registration number. If your car is new and not registered yet, click on “Got a New Car.”Fill in your car details: brand, model, fuel type, and registration date.Complete the registration form and click Next.You will see different insurance plans. Choose the one that suits you best.If you want extra protection, pick from the “Add-on Cover” options.Pay online using a debit card, credit card, UPI, or net banking.After payment, you will get your policy document by email from Chola MS Insurance.