Shriram General Insurance is a subsidiary of the Shriram Group with it’s headquarters in Chennai. Established in 1974 as a chit fund company, the firm later ventured into other businesses, insurance being one among them. Shriram car insurance is one of their insurance products, apart from health, life, business, and home insurance.
|Third-party Cover||Up to Rs.7.5 lakhs|
|Cashless Network Garages||NA|
|Incurred Claim Ratio 2017-18||94.56%|
|Net Earned Premium 2017-18||Rs.1815.32 crore|
|Tracking of claims|
|Easy purchase & renewal|
|Hassle-free claim settlement|
|Dedicated customer support team|
The following add-on covers are provided by Shriram car insurance:
|Loss or damage caused due to:
||When the policyholder uses the vehicle contrary to mandated instructions|
|Loss due to theft, robbery, and other manmade calamities such as strike, riots, terrorist activities, accidental external damage||Accident due to intoxication|
|Damage caused due to travel by road, air, elevator, inland waterway||Damage due to own negligence|
|Third-party liability in cases of injury, death or damage||Mechanical or electrical breakdown|
|Personal accident cover||Loss due to nuclear risks|
|War related risks|
|Loss of accessories by theft|
|If used/driven outside geographical area|
|Age of vehicle||% of depreciation|
|Not exceeding 6 months||5%|
|Exceeding 6 months but not exceeding 1 year||15%|
|Exceeding 1 year but not exceeding 2 years||20%|
|Exceeding 2 years but not exceeding 3 years||30%|
|Exceeding 3 years but not exceeding 4 years||40%|
|Exceeding 4 years but not exceeding 5 years||50%|
Direct cashless services can be utilized by customers at their respective cities. The wide network of these service garages makes convenient for policyholders to avail services across the country round the clock. There is no need to worry about payments because the insurance company will directly make payments to the empanelled garage.
Be it cashless claims or reimbursement claims, a customer can initiate a claim 24/7. Claims can be made online through their website, by calling their toll-free number or by going to the nearest Shriram General Insurance branch.
Let’s explore the cashless claim process:
Let’s explore the reimbursement claim process:
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