Generali Central Commercial Vehicle Insurance

Key Features of Generali Central Commercial Vehicle Insurance

The following table highlights the key features of a commercial vehicle insurance from Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited):

Benefits of Generali Central Commercial Vehicle Insurance

Here are some of the benefits of choosing Generali Central commercial vehicle insurance:

• 6,500+ network garages
• 24x7 customer helplines
• Easy and smooth claim process
• Add-ons available for customised motor insurance policy

Types of Generali Central Commercial Vehicle Insurance

The Generali Central Insurance Company Limited offers the following types of commercial vehicle insurance policies:

• Third-Party Commercial Vehicle Insurance: Also known as a liability-only policy, a third-party commercial vehicle insurance offers coverage for third-party, person and property damages. This type of insurance is legally compulsory under the Motor Vehicles Act, 1988, and the premium is solely decided by the IRDAI.
• Comprehensive Commercial Vehicle Insurance: This type of motor insurance is also known as a package policy. Comprehensive commercial vehicle insurance covers damages caused to both third-party and the insured vehicle. Policyholders can also customise this policy by purchasing different add-ons to increase the protection.

Generali Central Commercial Vehicle Insurance Add-Ons

Check out the add-ons with commercial vehicle insurance below to extend the coverage of a standard commercial vehicle insurance:

• Personal Accident (PA) Cover: The personal accident add-on cover is compulsory for all vehicle owners as per the Indian Motor Laws. The add-on offers a monetary compensation of up to ₹15 lakhs in case of death, disability, or injury of the owner-driver or the paid driver.
• IMT 23 Cover: This add-on covers parts that are not usually uninsured under a standard comprehensive policy. The IMT 23 add-on protects any damage caused to parts, including tyres, mudguards, tubes, bumpers, etc., after deducting the depreciation costs based on the vehicle's age.
• Zero Depreciation: The zero-dep add-on cover ensures that the insurance company is not liable to deduct the depreciation costs on the replaced and repaired parts while settling an accidental claim. It helps the policyholder get a better claim amount and reduces their out-of-the-pocket expenses as all costs are 100% covered, except for tyres, tubes, and battery costs that are covered at 50%.

How To Buy Generali Central Commercial Vehicle Insurance?

Check out the steps mentioned below to buy or renew Generali Central commercial vehicle insurance online from Policybazaar.com:

• Step 1: Visit the official website of Policybazaar Insurance Brokers Pvt Ltd.
• Step 2: Choose the "Commercial Vehicle Insurance" tab.
• Step 3: Fill out the form with all the required details and click on the 'View Prices' option.
• Step 4: Choose the IDV, policy type, any add-ons, and NCB (in case of renewals)
• Step 5: Pay the premium using any of your preferred modes
• Step 6: The policy will be sent to the registered email address

How To File a Generali Central Commercial Vehicle Insurance Claim?

Use the steps mentioned below to file a Generali Central commercial vehicle insurance claim:

Documents Required to File a Generali Central Commercial Vehicle Insurance Claim

The following documents are required to file a claim against a Generali Central commercial vehicle insurance:

• Duly filled claim form
• Commercial vehicle insurance policy copy
• Valid vehicle registration certificate (RC)
• State and National Permits
• FIR copy (in case of theft or third-party claims)
• Valid driving license
• Identity Proof
• Vehicle fitness certificate
• Final invoice and payment receipts

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