Passenger Cover in Car Insurance

What is Passenger Cover in Car Insurance?

Passenger cover is an essential add-on in car insurance that offers financial protection to the passengers sitting in the insured car if there's an accident. While not mandatory, the passenger cover is highly recommended, particularly for shared ride vehicle owners. Under the PA cover for passengers, insured individuals can claim medical expenses, death & disability benefits, and funeral expenses.

Benefits of Buying Passenger Cover in Car Insurance

Responsible car owners realize the perils of a traffic accident and the threat they pose to everyone involved. Purchasing the passenger cover not only eases their mind but also offers important benefits in case of untoward situations.

Here are some of the benefits of the passenger cover in car insurance:

• The passenger cover add-on will offer financial help up to Rs. 2 lakh or as listed in the policy in case of a passenger's death.
• This optional cover will include the cost of treatment of passengers in case of an accident.
• A disability liability cover is also offered to the passengers.
• Reduces financial stress as up to three passengers are included under the unnamed passenger cover insurance plan.

Passenger cover in car insurance is also available to commercial passenger vehicles and helps in avoiding any legal hassles. However, exact benefits vary considerably hence it is best to compare different plans on Policybazaar.com before buying the most suitable one.

Scale of Compensation offered under a Passenger Add-on Cover

The percentage of compensation under the passenger cover will be paid in case of the bodily injuries sustained during an accident. Here is a table of the scale of the compensation offered:

Premium and Compensation under Passenger Cover

The premium charged on a passenger cover add-on fluctuates as per the number of passengers in the vehicle. Here is a table stating the premium charged and compensation offered under the passenger cover:

For instance, if a policyholder opts for Rs. 1,00,000 compensation for a 5 seater car, he/she will be required to pay a premium of Rs. 250 i.e. Rs, 50 for each seat.

However, if the compensation opted is Rs. 2,00,000, He/she will be required to pay premium of Rs.500 i,e, Rs, 100 per seat.

How to Buy Passenger Cover in Car Insurance Online?

You can buy a passenger cover along with your comprehensive car insurance online by following steps:

• Visit the official website of Policybazaar Insurance Brokers Private Limited (Policybazaar.com)
• From the 'Insurance Products' dropdown, visit the 'Car Insurance' page
• Now enter your car number or select either of the other two options
• From the given table, select your RTO, car model, variant and registration year
• Fill in the given form
• Now from the mentioned car insurance plans, select your desired plan
• Now select 'Unnamed Passenger Cover' from the 'Add-ons and Accessories' table
• Select your compensation amount
• Once you have selected the add-on, you can move to premium payment
• Pay the premium amount via desired payment mode
• Once the premium has been paid, your comprehensive car insurance policy along with passenger cover add-on will be issued to you.

How to Raise a Passenger Cover Claim in Car Insurance?

To raise a claim for passenger cover in car insurance, follow these easy steps:

1. Intimate your Insurer: Inform your insurance company immediately after the accident.
2. Collect Evidence: Gather incident photographs, videos, and other relevant details.
3. File a Police FIR: If required, file an FIR at the local police station.
4. Document Submission: Submit the required documents, like your car insurance policy copy, a duly filled & signed claim form, an FIR copy, and hospital bills to your insurer.
5. Claim Settlement: After a successful document verification, the insurance company will settle the claim for passenger cover in car insurance.