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6.7%First documentDaily Allowance Cover in Car Insurance: Is It Worth the Cost?Open original ↗
Second documentGuide to motor insurance for first-time car owners in IndiaOpen original ↗
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Cost of Adding Daily Allowance to the Policy
3. The premiums may range from ₹300 to ₹1,500.
3. How can I maintain a low premium without compromising coverage?
3. How can I maintain a low premium without compromising coverage? Opt for a higher voluntary deductible, preserve your NCB, and avoid unnecessary claims to keep premiums low without sacrificing coverage quality.
Benefits of Adding a Daily Allowance to the Policy
4. No end use: The daily allowance is paid in cash and can be used for any purpose without any end-use restrictions.
4. Can I transfer my No Claim Bonus (NCB) if I switch insurers?
4. Can I transfer my No Claim Bonus (NCB) if I switch insurers?