Passenger Cover

Passenger cover or vehicle passenger cover provides financial protection to the passengers travelling in an insured vehicle. While most comprehensive car insurance plans provide personal accident coverage to the insured car's owner-driver, this add-on extends similar coverage in case of accidents leading to disability or death of the other passengers in the car.

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What is Passenger Cover in Car Insurance?

When talking about car insurance, most people think buying a third-party liability motor insurance will be enough. Even when buying comprehensive car insurance, only the insured person owning the vehicle is covered against any bodily injuries, disabilities or death caused by an accident. While it is important to have personal accident coverage for a car-owner driving the car, it is not mandatory to buy appropriate coverage for the co-travellers. Even though rates of the accidents are high around us, not many people consider the safety of our friends or family members travelling along.

In case of a mishap, only the insured driver will get financial benefits for medical treatments, any permanent or temporary disability or financial assistance in case of their death. Whereas, those travelling alongside will need to shell out money on their own to deal with the financial costs in case of an accident and related risks. This makes it very important to buy passenger cover insurance to ensure each passenger's safety.

Benefits of Buying Passenger Cover Add-on

Responsible car owners realize the perils of a traffic accident and the threat they pose to everyone involved. Purchasing this add-on not only eases their mind but also offers important benefits in case of untoward situations. Some of its benefits are listed below:

• The add-on will offer financial help up to Rs. 2 lakh or as listed in the policy in case of a passenger's death
• This optional cover will include the cost of treatment of passengers in case of an accident
• A disability liability cover is also offered to the passengers
• Reduces financial stress as up to three passengers are covered by most insurance plans

Passenger cover in car insurance is also available to commercial passenger vehicles and helps in avoiding any legal hassles. However, exact benefits vary considerably hence it is best to compare different plans on Policybazaar.com before buying the most suitable one.

Scale of Compensation offered under a Passenger Add-on Cover

The percentage of compensation under this cover will be paid in case of the bodily injuries sustained during an accident. Here is a table of the scale of the compensation offered:

Passenger Insurance Coverage: Inclusions and Exclusions

The benefits of having a passenger cover add-on are immense. However, this add-on cover comes with a set of conditions that each person must be aware of. Take a look at what is covered and what is not covered by the vehicle passenger insurance cover.

Inclusions

• Hospital Allowance: It covers the cost of hospital expenses for the maximum number of insured passengers as per the policy terms.
• Medical Expenses: The cost of medical expenses caused by the accident will be reimbursed by the insurer as per the policy schedule
• Medical Transport Expenses: Many insurers also cover the expenses incurred while transporting the injured insured persons to the hospital

Exclusions

• Not all insurers offer financial assistance in passenger cover, it is important to ascertain this before buying a plan
• The maximum number of passengers covered in the case of a private car is 1 to 3 However, it may also increase depending upon the seating capacity of the car
• Physical injuries sustained due to attempted suicide are not covered
• Accidents caused due to the person being under the influence of drugs or alcohol will not be covered

Premium and Compensation under Passenger Cover

The premium charged on a Passenger add-on fluctuate as per the seating capacity of the passengers. Here is a table stating the premium charged and compensation offered under this cover:

For instance, if a policyholder opts for Rs. 1,00,000 compensation for a 5 seater car, he/she will be required to pay a premium of Rs. 250 i.e. Rs, 50 for each seat.

However, if the compensation opted is Rs. 2,00,000, He/she will be required to pay premium of Rs.500 i,e, Rs, 100 per seat.

How to Buy a Passenger Cover Online?

You can buy a passenger cover along with your comprehensive car insurance online by following steps:

• Visit the official website of Policybazaar Insurance Brokers Private Limited (Policybazaar.com)
• From the ‘Insurance Products’ dropdown, visit the ‘Car Insurance’ page
• Now enter your car number or select either of the other two options
• From the given table, select your RTO, car model, variant and registration year
• Fill in the given form
• Now from the mentioned car insurance plans, select your desired plan
• Now select ‘Unnamed Passenger Cover’ from the ‘Add-ons and Accessories’ table
• Select your compensation amount
• Once you have selected the add-on, you can move to premium payment
• Pay the premium amount via desired payment mode
• Once the premium has been paid, your comprehensive car insurance policy along with passenger cover add-on will be issued to you.