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First documentDaily Allowance Cover in Car Insurance: Is It Worth the Cost?Open original ↗

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Second documentDaily Allowance Cover in Car Insurance: Is It Worth the Cost?Open original ↗

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First paragraph26 words

Share your details

We're here to help you find the perfect insurance plan. our team will get in touch. Health Insurance Travel Insurance Motor Insurance Home Insurance Lifestyle Insurance

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Second paragraph26 words

Share your details

We're here to help you find the perfect insurance plan. our team will get in touch. Health Insurance Travel Insurance Motor Insurance Home Insurance Lifestyle Insurance

First paragraph25 words

Thank you for your interest!

Our team will contact you shortly to provide personalized assistance with your insurance plan. You can also reach out to us on 1800 266 1112

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Second paragraph25 words

Thank you for your interest!

Our team will contact you shortly to provide personalized assistance with your insurance plan. You can also reach out to us on 1800 266 1112

First paragraph40 words

Thank you for your interest!

Car insurance helps you to pay the cost of repairs, damages, accidents and thefts. But what about the trouble caused while your car is being repaired after making a claim? Would your car policy pay for the daily conveyance costs?

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Second paragraph40 words

Thank you for your interest!

Car insurance helps you to pay the cost of repairs, damages, accidents and thefts. But what about the trouble caused while your car is being repaired after making a claim? Would your car policy pay for the daily conveyance costs?

First paragraph51 words

Thank you for your interest!

In such cases, you can opt for a daily allowance add-on and customise your comprehensive car insurance policy. Under the add-on, you get a fixed allowance per day for covering the travelling and other incidental expenses. While your car is under repair, this add-on can alleviate your troubles.

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Second paragraph51 words

Thank you for your interest!

In such cases, you can opt for a daily allowance add-on and customise your comprehensive car insurance policy. Under the add-on, you get a fixed allowance per day for covering the travelling and other incidental expenses. While your car is under repair, this add-on can alleviate your troubles.

First paragraph61 words

What is a Daily Allowance Add-on in Car Insurance?

The Daily Allowance Cover (also known as Downtime Allowance or Daily Cash Allowance, or Conveyance Benefit) is an optional extra cover available with a comprehensive car insurance policy. The add-on provides a daily cash benefit while the car is being repaired at a network garage for more than two consecutive days due to an accident or any other covered damage.

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Second paragraph61 words

What is a Daily Allowance Add-on in Car Insurance?

The Daily Allowance Cover (also known as Downtime Allowance or Daily Cash Allowance, or Conveyance Benefit) is an optional extra cover available with a comprehensive car insurance policy. The add-on provides a daily cash benefit while the car is being repaired at a network garage for more than two consecutive days due to an accident or any other covered damage.

First paragraph39 words

What is a Daily Allowance Add-on in Car Insurance?

Daily allowance is paid by the insurance company to help the insured cover the cost of alternative commuting — such as taking a cab, hiring a taxi, or renting another vehicle — while their car is under repair and is unavailable.

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Second paragraph39 words

What is a Daily Allowance Add-on in Car Insurance?

Daily allowance is paid by the insurance company to help the insured cover the cost of alternative commuting — such as taking a cab, hiring a taxi, or renting another vehicle — while their car is under repair and is unavailable.

First paragraph65 words

How Daily Allowance work?

You can add the daily allowance cover when purchasing or renewing a comprehensive car insurance policy by paying an additional premium. In the event of a claim for damages or repairs in a covered incident, the insurer will provide a fixed daily allowance for the specified number of days on the basis of how many days your car is kept in the workshop for repairs.

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Second paragraph65 words

How Daily Allowance work?

You can add the daily allowance cover when purchasing or renewing a comprehensive car insurance policy by paying an additional premium. In the event of a claim for damages or repairs in a covered incident, the insurer will provide a fixed daily allowance for the specified number of days on the basis of how many days your car is kept in the workshop for repairs.

First paragraph50 words

How Daily Allowance work?

For example, say your daily allowance covers are ₹500 per day for up to 10 days. After damage, your car stays in the network workshop for a period of 8 days. After two days, you will start getting a daily allowance of ₹500 to cover the commute or transport costs.

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Second paragraph50 words

How Daily Allowance work?

For example, say your daily allowance covers are ₹500 per day for up to 10 days. After damage, your car stays in the network workshop for a period of 8 days. After two days, you will start getting a daily allowance of ₹500 to cover the commute or transport costs.

First paragraph28 words

Cost of Adding Daily Allowance to the Policy

1. The amount of daily allowance can range from ₹300 to ₹1,000 per day. 2. It has a coverage period of around 10-15 days per claim.

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Second paragraph28 words

Cost of Adding Daily Allowance to the Policy

1. The amount of daily allowance can range from ₹300 to ₹1,000 per day. 2. It has a coverage period of around 10-15 days per claim.

First paragraph10 words

Cost of Adding Daily Allowance to the Policy

3. The premiums may range from ₹300 to ₹1,500.

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Second paragraph10 words

Cost of Adding Daily Allowance to the Policy

3. The premiums may range from ₹300 to ₹1,500.

First paragraph32 words

Cost of Adding Daily Allowance to the Policy

For those who depend on their car for daily travel, a daily allowance might increase the car insurance premium slightly, but the benefits can outweigh its cost for the convenience it provides.

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Second paragraph32 words

Cost of Adding Daily Allowance to the Policy

For those who depend on their car for daily travel, a daily allowance might increase the car insurance premium slightly, but the benefits can outweigh its cost for the convenience it provides.

First paragraph23 words

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.

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Second paragraph23 words

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.