National Car Insurance policy by National Insurance Company limited is offering their services even before independence. It is the oldest general Insurance Company in India. It is one of the four subsidiaries of government owned General Insurance Corporation of India. It is the only public sector general insurance company based at Kolkata. It is the first company to introduced Product Customisation both for rural and Corporate. It was also Indias first insurance company to enter into strategic alliance with the leading Automobile manufactures of country M/s Maruti and M/s Hero Moto Corp a Two Wheeler foremost. National Insurance is awarded with A.M Best financial strength rating- B++ and issuer credit rating-bbb+. Company is operating from more than 1000 of offices across the country. Car Insurance policy was introduced by National Insurance Company Ltd. Principle of car insurance is same as that of property insurance. The owner of the vehicles needs to be the registered owner of the vehicle whereby the owner stands to benefit by the safety of the vehicle or freedom from any liability and stands to lose by any damage, loss or formation of liability. National Car Insurance at a Glance Advantages of availing National Car Insurance Policy: National Insurance Company will provide 100% protection to your Car. They provide wide range of features in their auto insurance policy. This policy covers the loss caused due to damage to your vehicles. Apart from providing all the regular basic features company also gives you the flexibility of applying online for the policy which in turns saves your precious time. This Policy covers the Vehicles used for social, domestic and for professional purpose of the insured person or used by employee of insured for such purpose excluding carriage of goods other than registered owner, use for hire and reward, pace making, racing, speed testing, reliability trail, or for any other purpose which is connected with motor trade National Insurance Company will provide the cover against the loss due to any damage to your vehicle Company also covers the loss due to damage to the accessories of vehicles Policy also provides the third party liability coverage (property damage) up to 7 lakh 50 thousands This policy also provides you the personal accident insurance This policy has the proviso of providing No Claim bonus if there is no claim is issued in the policy period If opting for higher voluntary excess, discount in the premium will be provided If Anti-theft device is been installed in the vehicles provision of discount is there in the policy Provision of discount for specially designed vehicle for blind, mentally challenged and handicapped person You can purchase this car insurance policy online by doing the payment through your debit card or credit card or online banking Also you can renew your policy online at your convenience
