Step by Step Guide to Download a Bharti AXA Car Insurance Policy Online

Table of Content

• Types of Car Insurance Policies
• Bharti AXA Policy Download – Steps to Consider
• Is the hard copy of the Bharti AXA car insurance policy required?
• Is it possible to make changes in the Bharti AXA car insurance policy document?

With everything becoming online, buying insurance policies has also become smooth via online mode. If you are looking for any support on Bharti AXA Car Insurance Policy Online, we have everything covered here.

A Motor Insurance policy is the most necessary thing that one requires for driving a vehicle on the roads in India. When it comes to buying a motor insurance plan there are many ways to do so. You can buy it online as well as through various offline ways.

In offline buying, the documents of the insurance policy are mailed by the insurance company to the registered address of the policyholder within days of purchase of the policy. On the other hand, in case of online policies the car insurance documents can be downloaded and used whenever required, even if the hard copy is not there.

If you are considering a Bharti AXA Car Insurance Policy for your vehicle and need support in the step by step downloading procedure, we are guiding you about the same in this post.

But before that, let us discuss the various car insurance policies offered by Bharti AXA General Insurance Company.

Types of Car Insurance Policies Offered by Bharti AXA

Bharti AXA General Insurance Company ltd. offers three major kinds of vehicle insurance plans including Bharti AXA Third party private car policy, Bharti AXA Stand-Alone Own Damage Private Car Policy, and Bharti AXA Private Car Package Policy.

Let us understand them better in the table below:

Types of Car Insurance Offered By Bharti AXA	Features	Personal Accident Cover
Bharti AXA Third Party Private car Policy	Bharti AXA Third party car insurance policy offers coverage against third-party liabilities caused due to accidents involving third-party vehicles and causing third-party damages.  This policy covers third-party bodily injuries, third-party property damages as well as death caused due to third-party accidents. Under Bharti AXA four-wheeler insurance plan, up to INR 7.5 lakh is offered as liability for the third-party property damages. The liability against third-party bodily injuries and death under this plan is unlimited.	Another benefit of Bharti AXA Third party private car policy is that it offers a Personal Accident cover worth INR 15 lakh to the insured. Having a personal accident policy is compulsory for every car owner in India. However, this coverage is not meant for damages caused to the insured car, but the driver/owner only
Bharti AXA Stand-Alone Own Damage Private Car Policy	This policy by Bharti AXA covers the damages caused to the insured car due to accidents, natural disasters, man-made catastrophe and so on. This plan is meant for Own-Damages of your car and do not cover any Third-Party Liabilities. Thus, you have to buy a separate Third-Party Policy along with your Bharti AXA stand-alone own-damage private car policy to cover third-party damages. Though a Stand-Alone Own Damage Private Car Policy is not compulsory but it covers the insured car well against damages.	Like in the above plan, this policy also offers Personal Accident coverage for the insured.
Bharti AXA Private Car Package Policy	The Private Car Package Policy by Bharti AXA secures the insured car against damages arising out of accidents, calamities, fire, man-made disasters and so on. This is a comprehensive plan that covers both third-party liabilities as well as stand-alone own-damages of your car. Hence, it covers all third-party damages including third-party bodily injury, car damages as well as third-party death.   The Bharti AXA Private Car Package Policy is not compulsory but recommended as it allows wide coverage that include both third-party insurance as well as own-damage coverage. Further, the insured can buy add-on riders along with this plan by paying an extra amount.	Even this plan comes with an additional Personal Accident cover of INR 15 lakh to the insured.

Besides the above, Bharti AXA General Insurance Company also offers a bundled policy for new cars. This policy comes with 3-year third-party liability coverage as well as 1 year stand-alone own damage cover under a single plan.

Bharti AXA Policy Download – Steps to Consider

Downloading the Bharti AXA insurance policy is a simple process involving a few steps. Below are the steps to download a Bharti AXA car insurance policy:

• Visit the website of the insurance company that you are willing to get the insurance from
• Select the car insurance tab
• Fill in the form available there and add the required details and choose the proceed button
• Submit the details of RTO, car model and brand, fuel type, year of registration etc.
• Submit details like mobile no. email and name etc. of the car owner
• Now you can see the list of policies available with their prices
• Check the different four wheeler plans of Bharti AXA to choose from
• Here, you can check the other policy details  as well
• If required, you can also select add- on covers here
• Now, finalize the plan you want to buy
• Make the payment for the plan using your preferred payment mode
• Once the payment is done successfully, your policy document will be issued
• You can also download the documents from the website of the insurance company

Once everything goes well, the Bharti AXA four wheeler insurance policy will be issued and the documents will be mailed to your registered email id.  Further, you can keep the downloaded copy of the policy document saved in your mobile or laptop.

It is very simple to purchase a car insurance plan online as well as to download the policy papers. Likewise, Bharti AXA car insurance renewal is also very easy via online mode.

Is the hard copy of the Bharti AXA car insurance policy required?

To have a valid car insurance policy is necessary for driving a car in India as per the motor laws of the country. However, the documents of the policy can be contained in any form, such as physical copy or soft copy. It is not compulsory to carry a physical copy of the policy all the time. Hence, you can just get the document downloaded and keep a copy of the policy with you safely in your mobile or laptop.

Read More: 6 Tips For Car Insurance Comparison To Make Better Decision

Is it possible to make changes in the Bharti AXA car insurance policy document?

In case the policy documents of your Bharti AXA car insurance policy reaches you with certain faults or wrong details, you can get it resolved soon. You just need to inform the customer care of your insurance company (Bharti AXA) and get it rectified. Having wrong information in your policy might result in your claims getting rejected.

Further, to track the documents and other details of your car insurance policy, you can use the Bharti AXA policy tracker.

To Sum Up

It is not always feasible to keep a physical copy of your car insurance policy with you all the time. There is also the fear of losing the papers. Thus, you can trust on the soft copy of your policy documents by simply downloading it and keeping it with you in your mobile.

Found this post informational? Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance and Investment section. You can visit PayBima to Buy Insurance Online.

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How to Claim Third Party Car Insurance?

Table of Content

• About Third-Party Motor Insurance Policy
• How to Claim Third Party Car Insurance
• What Comes under Third-Party Claims?
• Third-Party Claim Process – Conditions to Raise a Third-Party Claim
• Claims that Doesn’t Come Under Third-Party Insurance
• Documents Required for Third-party Car insurance claims

Are you new to driving? Do you know what a third party claim in car insurance is and how to raise a third-party claim? If not, read on to get details on third-party car insurance claims in this post.

Like in many other countries, Indian vehicle Act, 1988 has also made it compulsory for every vehicle owner to have a third-party motor insurance policy. Without this obligatory insurance plan, no one is allowed to drive a vehicle on the Indian roads. Though every vehicle owner possesses this insurance plan, however, not many raise a third-party claim when required. This is because people are of the view that raising a claim against a third-party damages involves much nitty-gritty, which makes it a hassled task.

In this post, let us understand the car accident insurance claims third party to see if it is actually a tedious process or not.

About Third-Party Motor Insurance Policy

A third-party motor insurance policy is an obligatory plan that is required for every vehicle owner to drive an automobile in India. The third-party motor insurance policy benefits only the third-party vehicle or third-party persons involved in an accident. Thus, it fulfills the legal liabilities against the third-party and not the requirements of the policyholder’s vehicle and its damages.  Hence, many level this policy as ‘Act Only’ plan as this doesn’t cover the insured vehicle.

However, a third-party policy has been mandated by the government and its premium rates are decided by the IRDAI or the Insurance Regulatory and Development Authority. Not just the premiums, even the features of the third-party vehicle insurance policy are almost similar as offered by most insurance companies. The only difference in policy rates is due to the engine capacity of the vehicle. The more powerful the engine is, the higher the premium rate.  This is because, one of the factors that decide the premium of an automobile is the engine capacity.

You may note here that the rates of the third-party vehicle insurance policies are reviewed and changed by the IRDAI on an annual basis.

How to Claim Third Party Car Insurance

The third-party car insurance claim process is a lengthy one that starts with registering a complaint or lodging an FIR of the accident/incident in the nearby police station.  The complainant is expected to collect a copy of the charge sheet of the FIR for future reference.

The cases of accidents and other road mishaps are handled by the Motor Accident Claims Tribunal (MACT), which is a unique court meant to handle road accident cases and to decide compensation. Thus, once the FIR is lodged in the police station, it goes to the Motor Accident Claims Tribunal court.

Here’s how to claim 3rd party car insurance:

• After lodging the FIR, you need to share your car insurance policy document to help in making the claim
• You must also notify your insurer as soon as possible
• As already mentioned, settlement of all third-party claims are MACT. Thus, the third-party have to file a case at the tribunal to receive the final claim amount

What Comes under Third-Party Claims?

The policyholder of third-party vehicle insurance can register claims against third-party property/vehicle damages, third-party bodily injuries/personal damages as well as third-party death. The limit for claiming third-party property damages is up to INR 7.5 lakh, while there is no limit in case of liability against third-party injuries and death.

In case of other vehicle insurance policies such as Stand-Alone Own-Damage Car Insurance Plans or Comprehensive Car Insurance Plans the insurance provider supports the insured in the entire claiming process. However, in case of third-party claims you may or may not receive any aid from the insurer. So, most of the things under this claim process required to be done by the policyholder on his/her own.

Third-Party Claim Process – Conditions to Raise a Third-Party Claim

Below are the conditions under which a third-party claim can be raised:

Hospitalization expenses	Third-Party Demise	Third-Party Property/Vehicle Damage
Third-party claims can be raised for hospitalization of the third-party person for bodily/personal injury including permanent disability or partial disability caused by an accident.  If the third-party person is unable to work or make a living due to the accidental disability, he/she can raise claims for the same.	If an accident causes death of the third-party person, the dependents can raise a death benefit claim as per the income of the deceased.. They can also claim for cost incurred in the hospitalization and other things before the person succumbs to his/her injuries.	If an accident causes any property/vehicle damage, the claimant requires the report of the inspection officer and the report of the surveyor before raising the claim to estimate the loss

You may also note here that the turnover time for paying the compensation in case of death or bodily injury of the third-party person is  three years.

Read More: Difference Between Comprehensive And Third Party Insurance

Claims that Doesn’t Come Under Third-Party Insurance

A Third-Party insurance claims do not cover the below:

Own Damages of the Insured Car	Drunk and Drive Cases	Driving Without License	Driving With an Invalid License
The third-party car insurance online is meant for third-party liabilities and it doesn’t cover damages caused to your car. Thus, own damages to the insured car is not covered under Third-Party Insurance	Third-Party Claims are also not entertained if the driver was under the influence of alcohol at the time of the accident	Driving without a license is not allowed and thus claims are not entertained if accidents takes place when the driver was driving without a license	If the driver is driving with an expired license or if the driver had a learner’s license, claims cannot be raised

Documents Required for Third-party Car insurance claims

Below are the mandatory documents required to raise a third-party liability claim:

• Claim form – duly completed and signed
• FIR copy lodged at the police station
• Driving License copy
• Insurance Policy Document
• Vehicle’s Registration Certificate copy

Besides the above, evidence in the form of Photographs of the accident spot might also be asked for by the Tribunal.

To Sum Up

Because of the various steps that are involved in the process of raising third-party insurance claims, many people find it burdensome. This is the reason for the comparatively low claiming ratio of third-party insurance as compared to other types of car insurance. Moreover, if the damage is less and the claim amount is low, nobody wants to take that much pain to get it compensated.

However, people who are willing to raise a claim against third-party liabilities should remember to note the vehicle registration number of the car that is at fault. Registration number is very important to track the car at fault and to raise a complaint.

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Difference Between Own Damage and Third Party Car Insurance Policy

Table of Content

• Third Party Car Insurance
• Benefits of Third-Party Car Insurance
• Own Damage Insurance for Car
• Why Should You Buy Own Damage Car Insurance: Benefits
• What is Basic Own Damage Premium in Car Insurance?
• Difference Between Own Damage and Third Party Insurance

The foremost and undoubtedly the most crucial decision before buying insurance for your car – which type of policy would best suit your needs? Read on to know the differences between own damage and third-party car insurance.

You have just purchased the car of your dreams and the first thing you do is head out to the insurance company to buy car insurance. For, as per the Motor Vehicles Act, 1988, you would not be allowed to drive your car on the road without possessing car insurance first. Once you’re there at the insurance company, the next question arises before you – which motor insurance policy to buy? Your insurer would present you with two options – Own Damage Insurance Policy and Third-Party Car Insurance.

Now this is the most crucial and also the most challenging decision that you would make after buying a car. This is because the insurance that you purchase must adequately cover all future damages and costs associated with it. Here we discuss the major differences between the two basic car insurance policies – Own Damage and Third Party – to help you make an informed decision.

What is Third Party Car Insurance?

As the name suggests, a third-party car insurance refers to the insurance policy which is exclusively designed to provide coverage against any loss incurred to a third-party person or property on account of the policyholder’s fault. In other words, if you go and accidentally hit another person or vehicle while driving your car, you need not bear its compensation by way of treatment (person) or repair (vehicle) cost. Your third-party car insurance policy would take care of it for you.

Now that we fairly understand the third party car insurance meaning, let us look at some of the top benefits of this policy for the insured.

Benefits of Third-Party Car Insurance

Buying a third-party car insurance for your four-wheeler can help you in the following ways:

1. The insurance policy provides adequate cost coverage for any medical treatment that needs to be done for a third-party individual affected by the accident.
2. Third-party insurance also covers death compensation in case of an unexpected and unfortunate demise of the third party in the accident.
3. All repair costs involved in the repair of any third-party property (such as vehicle) involved in the accident are paid for by third-party insurance.
4. All costs involved in any legal proceedings that may have to be carried out in case of hurt or damage caused to a third-party person/property are covered under third-party car insurance.

Note: You can easily buy third party car insurance online by visiting PayBima. The website offers some of the best deals on motor insurance for all your needs.

Own Damage Insurance for Car

This type of car insurance policy is designed to provide financial coverage for any loss that the owner or insured of the vehicle incurs. This is in contrast to third-party car insurance which covers losses incurred to third-party people or property. A third party may or may not be involved in the mishap; regardless, own damage car insurance would cover losses for the insured.

Why Should You Buy Own Damage Car Insurance: Benefits

There are a  couple of advantages to buying own damage car insurance for your vehicle. These are:

• This insurance provides protection to the owner or insured against both natural (earthquake, flood) and man-made (theft, fire) disasters that may impact the vehicle.
• Financial coverage for accidents is provided to the owner’s car for any damage caused in the mishap.
• Own damage car insurance also provides the flexibility of including optional add-on riders to enhance the policy coverage.

What is Basic Own Damage Premium in Car Insurance?

Own damage premium primarily refers to the premium amount or the cost that the policyholder bears towards the maintenance of his/her own damage car insurance policy. This price is generally determined by the insurance company based on a couple of factors, such as the age of the vehicle, its make/model, type of vehicle, and the city that it is driven in.

Read More: How to Claim Car Insurance for Own Damage?

Difference Between Own Damage and Third Party Insurance

We saw above the meaning of own damage car insurance policy and also what third party insurance for a car stands for. Also, we looked at the prime benefits of buying each of the two policies for a car owner. While both have their own unique benefits, the decision as to which car insurance to buy can sometimes be quite overwhelming for the owner.

To help you make an informed choice, we present here the key differences between own damage and third-party car insurance policies in the following table:

Key Parameters	Third-Party Car Insurance Policy	Own Damage Car Insurance Policy
Adequate Coverage	This is a basic car insurance plan that every car owner needs to buy mandatorily; however, it is generally not sufficient to cover all damage costs, particularly the ones relating to your own car	It covers all costs related to damage of one’s own vehicle in case of mishap. Since third-party insurance is mandatory, own damage cover can be added on to enhance policy coverage
Primary Coverage	Provides coverage only for third-party damages (third-party people hurt or property damaged in an accident)	Primarily covers all damages caused to the car of the owner or insured in the policy
Plan Validity	Three-year car insurance mandatory to buy after purchasing a new car; annual car insurance policy also available	Policy can be purchased for a term of 1-3 years; short-term plans generally preferred more due to cost factor
Mandatory to Buy	Buying third-party car insurance after car purchase is mandatory as per the Motor Vehicles Act, 1988	Own Damage Car Insurance Policy is not compulsory to buy but is generally recommended to be added on to the base third-party insurance for coverage enhancement
Policy Exclusions	Any own damage to the car of the insured during a mishap is not covered under this policy	No third-party damage costs are borne by the insurer
Pricing	The cost of the plan is determined by the insurance regulatory body, IRDAI, and the insurer has no say in the price nor the right to change it	Can be purchased online at the best deal available after comparing different insurance policies offered by various insurance companies
Policy Customization Permissible	No customizations allowed	Can be customized by including add-on benefits to suit individual needs

Summary

Buying third-party car insurance is mandated by law. However, whether or not you wish to buy an own damage insurance cover is purely a personal choice. Hope the information contained in this blog helps you make an informed decision regarding the same.

Found this post informational? Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance and Investment section. You can visit PayBima to Buy Insurance Online.

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