SBI General flags 7 motor insurance checks for festive buyers

SBI General's festive-season advisory asks new vehicle buyers to review cover, IDV, exclusions, deductibles and add-ons before…

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In this short

  • MOTOR INSURANCE Seven checks before festive delivery 7 CHECKS SBI General's 29 Oct advisory says buyers should look beyond mandatory third-party cover.
  • COVER TO CHECK Third-party is only one layer It covers liability to others; own-vehicle damage depends on own-damage or comprehensive cover and policy…
  • CLAIM VALUE IDV sets the total-loss ceiling The insured declared value is used for theft or total-loss settlements, subject to depreciation and policy…
  • BEFORE THE TRIP Read exclusions and add-ons Deductibles, claim conditions, roadside help and natural-calamity cover vary by policy wording.
  • READ THE FULL STORY Use the checklist at delivery Review policy details, documents and usage terms before the first long highway journey.
  • READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.

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