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விபத்து நடந்தால் இன்சூரன்ஸ் பெறுவது எப்படி முழு விவரம் | Insurance Details in Tamil - YouTube
Channel: Theneer Idaivelai
[9]
Can’t you be careful?
[11]
Are you injured?
[12]
No but my bike has been damaged.
[14]
It is okay, I have an insurance.
[16]
Insurance? Show me the papers.
[22]
Here bro!
[22]
It’s only for the third party and not own damage.
[28]
This can’t be claimed.
[29]
What? I know nothing of this bro.
[32]
Ok I will tell. Want to listen?
[35]
Ok but shall we sit and talk?
[37]
Yes! You sit, I will get some water for you.
[40]
We will buy a vehicle with insurance.
[44]
Let it be car or bike.
[45]
There are two things- own damage & third party.
[49]
Own damage is not affecting anybody else but you alone getting injured or
[54]
your bike getting damaged.
[57]
This is own damage.
[58]
You can claim insurance for this.
[62]
If it was an accident with another vehicle,
[65]
They would be affected.
[68]
So you can use this third party insurance policy in your insurance
[73]
and claim it for them too from the insurance company.
[77]
If you are going on your vehicle and another person hits you with his vehicle
[82]
You can claim insurance from the third party policy through the other person for your damaged vehicle.
[88]
This is the difference between own damage and third party policy.
[92]
Your insurance policy has not been renewed for own damage
[96]
But third party insurance is still valid for 3 years.
[99]
That is why I told that you can’t claim for your bike.
[102]
What bro? When I bought this bike, they said the insurance is for 5 years.
[107]
Yes but it is for third party insurance. In that you still have 3 more years.
[112]
Own damage is only for one year and you haven’t renewed it.
[116]
Bad time!
[118]
If I had renewed it, I could have claimed for my injuries too right?
[123]
No! Own damage is only for the vehicle and not for you.
[127]
If you need it for yourself, you should have applied a Personal Accident Policy.
[133]
Personal Accident Policy is mandatory from January 1st, 2019
[137]
for all new vehicles along with other insurance.
[142]
And for people who have bought before that,
[144]
It is better to contact their insurance company and get a Personal Accident Policy.
[150]
We can check whether we have applied for a Personal Accident Policy
[152]
or not by seeing our insurance papers.
[154]
The vehicle owner can cover up to 15 lakhs.
[159]
If your vehicle is used for any of your family member,
[165]
You can apply a Personal Accident Policy in their name.
[171]
If your friends too use the same vehicle,
[175]
You can get a Personal Accident Policy ‘unnamed’.
[179]
You can claim the insurance according to the injuries caused.
[184]
Oh!
[186]
But for third party insurance, it is both for the person and the vehicle.
[196]
All this is regulated by IRDAI.
[205]
They are the ones who fix the amount to be claimed for third party insurance.
[209]
You can see in your insurance paper which has third party and OD.
[214]
Oh! So own damage is only for the vehicle.
[218]
If it is for us, we should get a PA policy.
[221]
If it is for a third party insurance, it covers both for the person and the vehicle. Right?
[226]
Yes! You have understood it very well.
[229]
Now, see your insurance paper and tell me the details.
[236]
It says Package policy- OD and third party insurance.
[241]
Also, I have a PA policy too.
[244]
You should have bought it after January 1st, 2019.
[248]
How many years is it for OD and third party insurance?
[252]
According to September 1st, 2018, third party insurance rules had been changed.
[259]
For a car, third party insurance is compulsory for 3 years.
[263]
For a bike, third party insurance is compulsory for 5 years.
[267]
OD is for one year, minimum.
[270]
Later you can renew it.
[272]
It is not compulsory that you should get an insurance
[276]
in the same showroom where you buy your vehicle.
[279]
No one should compel you too.
[280]
We must know this.
[281]
What are the situations applicable for this insurance?
[284]
It’s applicable for fire accidents, theft, damaged in any riots,
[289]
Damage by natural disasters and terrorist attacks.
[295]
Most importantly you can claim it for accidents.
[300]
Oh! When is it not applicable?
[303]
Not applicable.
[305]
Accident caused while driving without a license or drunk can’t be claimed.
[314]
And accidents caused due to brake failures can’t be claimed too.
[319]
Accidents caused while using your vehicles for any illegal activities can’t be claimed.
[326]
So, if your vehicle is stolen, you should file a case immediately or you'll be in trouble.
[332]
Yes that’s right!
[334]
What is Insured’s Declared Value –Rs.36,000?
[339]
How do they calculate it?
[340]
They would look at the vehicle’s condition, year, model and type and fix the rate for a year.
[350]
This is IDV.
[356]
You haven’t renewed your OD yet.
[357]
If you are going to renew it now and you haven’t claimed anything this year,
[362]
You might get a discount of 20-50%.
[369]
This is called No Claim Bonus. (NCB)
[372]
Next time when you go for renewal,
[374]
check for NCB, PA policy.
[379]
Right! I will see hereafter.
[381]
Now my bike is damaged.
[383]
How do I claim it?
[384]
For that, you should have renewed it.
[386]
Yes I know. If it was renewed how would I claim it?
[389]
Then, take a picture of the injuries and damages caused to you and your vehicle.
[394]
Send it to your insurance company.
[397]
They will see it.
[398]
If the damage is minimal, you can leave it in the workshop and claim the money.
[404]
If the damage is severe,
[407]
they would send a surveyor to check after you send the pictures.
[412]
The surveyor would check on the damage and note it.
[417]
You can then get the vehicle repaired in a workshop or showroom.
[422]
If you have a cashless service in your insurance,
[426]
You need not pay.
[428]
The money will be directly given to the workshop or showroom.
[431]
So, it is important to see whether you have a cashless service while getting an insurance.
[437]
This is how you should claim it.
[439]
-Oh is it?
-Yes!
[441]
If someone else hits me, how do I claim?
[445]
You should get the insurance policy details from the other person.
[450]
Then you must inform your insurance company and the police.
[453]
They will take care of it.
[454]
Now, if my third party insurance expires and I hit someone.
[461]
How will the other person claim it?
[463]
In critical situations like this,
[465]
They would get the desired amount from you.
[469]
They would claim the third party insurance which was paid earlier and give it to the affected.
[477]
You don’t be without renewing.
[480]
Then you can’t even claim for OD.
[482]
Yes I should renew it.
[485]
Don’t forget all this.
[486]
Tell all the points that we discussed now to everyone.
[500]
Young people should definitely know it because
[502]
the accidents taking place are worse.
[508]
Getting these policies are good.
[511]
It is not our fault not to know this because no one taught us.
[517]
This week is Road Safety Week.
[519]
Wearing helmet on seeing the police is not road safety.
[523]
Getting insurance, saving ourselves and others is good.
[529]
So, renew your papers soon. Ok?
[534]
Yes sure!
[536]
Now only I understood well about insurance.
[539]
I will share it with others.
[541]
Shall I come with you to drop you?
[544]
No I am alright bro.
[545]
-Use your helmet.
-Ok bro!
[552]
Right!
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