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Tata AIG General Insurance Company Limited is a joint venture company of the Tata Group along with AIG, the American International Group. The company has grown to emerge as the preferred general insurance in India’s private sector, with several pioneering firsts to its credit. The company began its operations on January 22, 2001, and has completed 21 years of service in India. Tata AIG General Insurance Company Limited is one of the pre-eminent players in the non-life insurance sector.
The company offers a huge number of general insurance plans for individuals and businesses, including a comprehensive range of insurance solutions for cargo, liability, personal accident, extended warranty, marine, cargo, rural, agriculture insurance, travel, etc.
Tata AIG General Insurance Company has a huge distribution network and a wide variety of products and services. Some key highlights of Tata AIG General Insurance Company are as follows:
|Gross written premium||Rs 10,686 crores as of 31st March 2022|
|Number of offices||200 offices across 150 locations in India|
|Number of licence agents and brokers||45000 + licence agents and 450 + licence brokers|
|Number of employees||6500 + employees across India|
|Number of network garage||5000 + workshops|
|Numbers of policies issued||1 crore+ policy issue last year|
|Numbers of customers||5 crore + customers since inception|
Tata AIG is a renowned name in India’s insurance industry. The company has completed 20 years of journey with a legacy of 5 crore+ customers. In its journey of 20 years, the company has been recognized various times with various awards and accolades for its contribution to the insurance sector of India. Let us have a look at some of the awards and achievements of the company:
Tata AIG motor insurance policy offers a wide coverage against multiple circumstances discussed as follows:
There are certain events in which Tata AIG General Insurance Company is no liability to pay motor insurance claims. Such events are known as common exclusions. You can find exclusions of the motor insurance policy in your policy document. Some common exclusions of Tata AIG motor insurance plans are as follows:
A motor insurance policy is necessary to protect your vehicle from various incidents and situations that can lead to financial damages. Tata AIG offers a range of car and two-wheeler insurance policies to help you select the type of coverage and protection your vehicle need. You can also enhance the coverage of the motor insurance policy with insurance add-ons.
Tata AIG car insurance policy offers complete protection to insured vehicles from various kinds of damages, from accidents to damages due to natural disasters. Tata AIG understands the significance of having a suitable car insurance policy and offers various products as per the needs and budget of the individuals. Tata AIG offers the following types of car insurance policy:
|Type of Insurance||Features|
|Comprehensive Car Insurance Policy||Tata AIG’s comprehensive car insurance policy provides extensive coverage compared to basic third-party insurance and offers protection against damages due to third-party liability and damages due to accidents, natural disasters and manmade disasters. It provides all-around assistance and protection to you and your vehicle in the event of an accident|
Tata AIG two-wheeler insurance helps you to keep your two-wheeler safe from damages and third-party liabilities and protects you and your bike from unavoidable expenses. Tata AIG General Insurance offers different types of bike insurance which cater needs of your bike and the type of coverage required to protect it under unfavourable situations. Tata AIG offers the following types of two-wheeler insurance policies:
|Type of Insurance||Features|
|Comprehensive Two-wheeler Insurance policy||Comprehensive two-wheeler insurance offers all-around cover which protects you, your vehicle and third-party property or person from financial damages.|
Tata AIG motor insurance policy can be brought online through PayBima’s website. You can also choose to buy a motor insurance policy by visiting the company’s branch office. PayBima offers a simple and hassle-free process to select, compare and buy a suitable motor insurance policy. Follow these simple steps to buy a Tata AIG motor insurance policy through PayBima:
Motor insurance plans come with fixed tenure and offer lifelong renewals. It is always best to complete your policy renewal before the expiry of your existing policy. If you forget to do so, the coverage benefits in the plan will cease, and your vehicle will not be insured against damages. Additionally, there may be a legal penalty for non-compliance with mandatory third-party liability after the lapse of the policy. Moreover, you may also lose your accumulated no-claim bonus if your policy lapses due to non-renewal. It is suggested to keep a reminder for a renewal of the policy within the due date or grace period.
Renewing your Tata AIG motor insurance policy through PayBima is easy and quick. Just visit the PayBima website or simply click on www.paybima.com and enter the registration number of your vehicle in the box. Then, fill in the policy number of your vehicle. PayBima would display the details of your existing insurance policy. You can review the existing coverage in the insurance policy before paying the premium and can also make changes by adding or removing add-ons at the time of renewal. The insurance policy’s premium would be adjusted proportionally according to the changes made in the plan. Before making payment, don’t forget to avail no-claim bonus discount. Once the payment is made, you will receive a renewal acknowledgement on your registered mobile number.
You can reach us at 1800 267 6767 or mail at PayBima.firstname.lastname@example.org for any kind of help or assistance in renewing your Tata AIG motor insurance policy.
Tata AIG General Insurance Company has a dedicated customer service delivery and superior service experience powered by the latest technology and innovation. The claim settlement process of the company is very smooth and quick. The steps are stated as follows:
You would have to submit certain documents for the successful settlement of your claim. These include:
Tata AIG General Insurance Company is known for its trustworthy and innovative insurance solutions. Other key highlights of Tata AIG motor insurance plans are as follows:
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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You can use the Tata AIG insurance premium calculator to understand the premium amount you would have to pay for various insurance policy options. You will have to fill in certain details such as the type of the policy, make and model of your vehicle, year of manufacturer, location and other relevant details to calculate the premium.
Yes, the no-claim bonus can be transferred. NCB is a reward offered by Tata AIG to the owner-driver for not filing a single claim during the entire year of the policy. So, when you replace your vehicle with a new one, the no-claim bonus can be transferred to the new vehicle insurance policy.
Yes, personal accident cover is a mandatory requirement for licenced drivers. However, if the licenced drivers have independent personal insurance cover under another policy of which the sum assured is 15 lakhs or more, then there is no requirement to buy a personal accident cover separately.
Tata AIG offers 12 add-ons to be added to your car insurance policy by paying an additional premium. The list is as follows:
No-claim Bonus Protection
Repair of Glass Fibre and Plastic Parts
Emergency Transport and Hotel Expenses
Return to Invoice
Loss of Personal Belongings
Yes, you can buy a roadside assistance add-on to get roadside assistance in the Tata AIG motor insurance policy. It provides round-the-clock assistance to your car If It breaks down in a remote location with no help nearby. Tata AIG will send a team to refuel your vehicle or send a mechanic for service in case of an emergency.
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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