Cholamandalam Car Insurance Claim Settlement Ratio

Cholamandalam MS General Insurance Company Limited offers motor insurance, health insurance, travel insurance, and home insurance plans along with insurance-related solutions. With three types of car insurance policies, it can provide you with a very smooth and hassle-free claim settlement process. Additionally, the Cholamandalam MS Motor Insurance claim settlement ratio, 96%, can support the fact that their claim settlements are prompt and fair.

 

Moreover, Cholamandalam MS Motor Insurance for Private Cars offers you 5 ways in which you can file a car insurance claim. You can choose to initiate your car insurance claim process through any of the methods listed below.

 

• Website: www.cholainsurance.com

• Toll-free number: 1800-208-5544

• Chatbot: Joshu (www.cholainsurance.com)

• Offline: File a claim directly at a network garage

• App: Chola MS

Here are the documents that you could be asked for during the car insurance claim process of your Cholamandalam MS car insurance.

 

• A signed and duly filled claim form

• Registration Certificate (copy)

• FIR copy (in case of an unfortunate demise, injury, or theft)

• Hospital bills (in case of hospitalisation)

• Driver’s licence (copy)

• Insurance policy documents (copies)

• Estimate papers or bills for repairs/replacements (original), etc.

Should you file a claim and find that your request was rejected, you might feel crestfallen. Thus, it is crucial that you practise every measure that helps you avoid this situation entirely. Keeping that in mind, here are a few precautions that can help you avoid claim rejection.

 

• If you have a second-hand car, ensure that you request the previous owner to transfer the insurance ownership to you within one month of sale/purchase

• Ensure that the documents, certificates, and information that you submit for your claim are true and valid

• In case of theft or a third-party accident where injuries or an accidental demise has occurred, do not forget to get an FIR lodged

• Do not drive with an invalid licence or without a licence

• Any act of negligence can cause you to lose your right to file a claim, and hence, stay vigilant and disciplined on-the-road

• Offer the most honest and candid details in the claim form and do not miss out on any detail when explaining the incident to the insurer

Cholamandalam MS General Insurance Company Limited (A Joint Venture between Murugappa Group & Mitsui Sumitomo Insurance Company Ltd., Japan)

 

Regd. Office: Dare House, No.2, II Floor, N.S.C Bose Road, Parrys, Chennai, TN - 600 001. India. Trade logo displayed above belongs to “CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED’ and Mitsui Sumitomo Insurance Company Limited and used by Chola MS under license.

 

Toll-free No. Motor Insurance: 1800 208 5544, Health & Other Insurance: 1800 208 9100, SMS: ‘CHOLA’ to 56677, Whatsapp: 7305234433 |www.cholainsurance.com.

 

For more details on risk factors, terms, conditions and exclusion please read sales brochure carefully before concluding a sale.

 

Bajaj Finserv Direct Limited is a registered corporate agent of Cholamandalam MS General Insurance Company Ltd. For Bajaj Finserv Direct Limited, IRDAI Registration Number CA0551.