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Royal Sundaram adds Car Insurance to its Online Policy Purchase Facility

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Announcement Corporate
Last Updated : Jan 20 2013 | 12:03 AM IST

Royal Sundaram has added the facility to purchase or renew Car Insurance Online. The key feature of the online buying process is the ease of purchasing your car insurance round the clock, from the comfort of home, office or even while travelling. It is fast, convenient and secure.

Car Insurance Online is designed for the private car segment. Customers can now get instant protection for their car through the 'InstaBuy' facility of Royal Sundaram Online, without any documentation.

It provides customers the options to:

  • Renew existing Car Policy from any Insurer
  • Buy Insurance for a brand new car
  • Renew your existing Royal Sundaram Policy

This is a comprehensive Package Policy for brand new cars and renewals, and covers the insured and his car against accidental loss apart from damage or loss due to fire and explosion, riot and strike, burglary, housebreak, lightning etc.

The process of buying car insurance online from www.royalsundaram.in involves three simple steps:

  1. Enter car details,
  2. Get (premium) quote and
  3. Pay online

Customers can also opt for additional covers over and above the basic policy. Additional cover is available for electrical and non-electrical accessories, legal liability to paid driver and employees, personal accident cover for occupants etc. Customers can get discounts for Voluntary deductibles and if they are members of Automobile Association of India.

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Royal Sundaram MD, Mr. Ajay Bimbhet said, “The increase in Internet penetration is bringing an incredible transformation to lives across sections of society. More and more people are choosing the online medium to provide a comprehensive solution to their daily lives and this is mainly due to the paucity of time. This is our latest addition to the online bouquet of products and we aim to cater to the ever growing online users. Now you can buy or renew your car insurance online and get cover instantly.”

About Royal Sundaram

Royal Sundaram is a joint venture between Sundaram Finance and RSA, one of the oldest insurance providers in the world. Royal Sundaram was the first private non-life insurance company licensed to operate in India. Royal Sundaram offers a range of innovative general Insurance products which includes Motor, Health, Personal Accident, Home and Travel Insurance for individual customers. For Commercial clients, Royal Sundaram offers a wide range of specialised insurance covers in Fire, Marine, Engineering, Liability and Business Interruption risks. Royal Sundaram also offers specially designed products to the Small and Medium enterprises and Rural customers. Royal Sundaram currently has over 2.5 million customers, over 1750 employees and its products are distributed in over 150 cities across India, through Agents, Distribution Partners, Affinities and Brokers. Visit: www.royalsundaram.in

About Sundaram Finance

Sundaram Finance, an AAA (pronounced Triple A) rated Non-Banking Finance Company, is one of the most respected financial services companies in India. The Sundaram Finance group’s operations span Vehicle finance, Home mortgages, Asset management, General Insurance, Business process outsourcing, IT solutions and distribution of financial products. Sundaram Finance has a network of over 320 branches across India with over 2,500 employees.

About RSA

With almost a 300 year heritage, RSA is one of the world’s leading multinational quoted insurance groups. RSA writes business in over 130 countries, with major operations in UK, Scandinavia, Canada, Ireland, Asia and the Middle East and Latin America. Focusing on general insurance, RSA’s net written premium was GBP 6.5 bn, with strength of over 22,000 employees, worldwide, as on 31st December 2008.

 

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First Published: Aug 26 2009 | 3:55 PM IST

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