National Insurance Company is a well-known name in the
industry of top insurance players. The reason is that National Insurance
Company is the oldest general insurance company established in India. NIC was
incorporated in the year 1906 and it has its headquarters in Kolkata. National
Insurance is wholly maintained and operated by the government of India.
There are basically two types of covers available with
National car insurance policy:
Liability Only Cover
This is the mandatory motor insurance policy by the
government of India. All the owners of motor vehicles must make sure that they
have this motor insurance plan to become legally eligible to drive their cars
on road. National third party car insurance covers the followings:
· Any
Injury or Death of Third Party in case of an accident
· The
policy offers compensation against Property Damage (Third Party Property Damage
upto Rs. 7.5 Lacs)
Package Cover
The package policy is basically the comprehensive carinsurance policy, which is always recommended by the owners of all motor
vehicles since this car insurance plan covers third party loss or damage as
well as own damage. National comprehensive car insurance policy offers the
following coverage on purchase or renewal:
· Covers
accident from/by Fire, External Means ,Self Ignition, Explosion and Lightning
· Protection
to the vehicle against man-made calamities such as Terrorist activities, Riots,
Strikes or Malicious Acts
· Any
damage to the vehicle while it’s in Transit by Road, Rail, Inland Waterway,
Air, Lift is covered under this plan
· Comprehensive
motor insurance policy from National Insurance covers Theft, Burglary, House
breaking, etc.
· Damage
to the vehicle from Natural Calamities such as Earthquake, Flood, Storm,
Landslide, and Rockslide are also covered under this comprehensive car
insurance plan.
Conclusion:
It’s very much advisable to compare National car insurancepolicies with the other motor insurance plans offered by different insurers to
avail the best coverage at affordable price. You can instantly buy or renew
your car insurance policy with National Insurance Company Limited from GIBL.IN
without any hassle. You can also compare various insurance policy at the click
of your mouse at GIBL.
To know more information visit our website GIBL.IN.
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