Insurance Products

Comprehensive Car Insurance Solutions and Group Credit Insurance Offered by Nissan Renault Financial Services India Private Limited (NRFSI)

Nissan Renault Financial Services India Private Limited (“NRFSI”), Corporate Agent IRDAI registration No. CA0604 provides a complete car insurance solution , in association with Insurers ICICI Lombard General Insurance company Limited, Chola MS General Insurance company Limited, Reliance General Insurance company Limited and Magma HDI General Insurance company Limited to offer General Insurance products and HDFC Life Insurance Company Limited to offer Group credit insurance to cover life of the Borrower during the car loan tenure.

1. Motor Vehicle Insurance

Customised motor insurance policy which suits customers specific needs and provides greater peace of mind. Benefits covered under motor Vehicle insurance policy:

Features

Third Party Insurance

One Stop Shop Solution

Comprehensive insurance cover

Add On Product:

Zero Depreciation Cover

Consumables cover

Engine Protect Cover

Key loss Cover

Personal Belongings Return to Invoice Cover

Return to Invoice Cover

Tyre Cover

Insurance is a subject matter of solicitation.
*T&C Apply. For details please refer policy wordings.

2. Involuntary loss of Job and EMI Protect Cover for Group Customers

Involuntary loss of job Cover as an add-on product is offered in association with ICICI Lombard General Insurance Co. Ltd. to the Salaried customers along with Hospital Daily Cash and Personal accident Cover at a nominal premium.

It safeguards the borrower's interest up to 3 EMI’s if a salaried employee permanently loses his/her job and is un-employed for period not less than 30 consecutive days as a result of:

Layoffs

Retrenchment

Termination

Dismissal

Suspension

Involuntary EMI protect Cover as an add-on product is offered in association with ICICI Lombard General Insurance Co. Ltd. to self-employed customers with Hospital Daily Cash and Personal accident Cover at a nominal premium.

It safeguards the borrower's interest up to 3 EMI’s if the customer is hospitalized beyond a certain number of days.

No. of days of Hospitalization- EMI paid

5 consecutive days>1 EMI

10 consecutive days>2 EMI

15 consecutive days>3 EMI

Insurance is a subject matter of solicitation.
*T&C Apply. For details please refer policy wordings.

3. Extended Warranty

Manufacturing defects and malfunctioning parts can be a costly affair to replace. Get extended warranty and after-sales service, to get your car fixed under budget.

NRFSI’s Extended Warranty program in association with ICICI Lombard General Insurance Co. Ltd. helps its customers to have peace of mind through various tailor-made plans. The product is offered and underwritten by ICICI Lombard General Insurance Company Limited and Servicing of the Policy and adjudication of the claims is sole responsibility of ICICI Lombard General Insurance Co. Ltd.

Advantages of Extended Warranty:

Coverage of major components

Peace of mind guaranteed

High Resale Value

Product Coverage: Nissan

1 year (over 2 years provided by OEM) up to 60,000 Kms

2 years (over 2 years provided by OEM) up to 80,000 kms

Extended 3 years (over 2 years provided by OEM) up to 100,000 kms

Note:

This Extended Warranty is transferable to subsequent owner for the remaining Warranty Period.

This Extended Warranty scheme has no surrender value, no refund of warranty premium is available and it cannot be transferred to another vehicle.

Extended Warranty not applicable on Taxi/Fleet and Test Driver vehicles.

Insurance is a subject matter of solicitation.
*T&C Apply. For details please refer policy wordings.

4. HDFC Life Group Credit Protect Plus

NRFSI is the master policy holder of HDFC Life Group Credit Protect Plus Insurance Plan. Car Loan customers of NRFSI are eligible to avail the cover under group product HDFC Life Group Credit Protect Plus as per applicable terms and conditions.

It is a comprehensive plan to cover the uncertainty of life and reduce the financial burden of car loan repayment in case of happening of an insured event (Death and/ OR Total Permanent Disability) to the Insured. This group Insurance scheme is aimed at providing loan repayment security (defined benefits) on the Nissan & Renault Finance customer on happening of an unfortunate insured event with the Insured within the loan tenure.

Key Features:

Loan repayment protection against insured eventuality (death and/ or Total permanent disability) with the insured – Vehicle remains with the deceased’s family and the loan burden (as per calculation) is being taken care

Surrender benefits in case of loan foreclosure – Surrender benefit is available in case of full prepayment of the loan. For more details on surrender benefits, please refer the product brochure

Single Premium –- One time premium payment

Tax benefit for the Insured under 80C

Insurance is a subject matter of solicitation.

Insurance products are offered and underwritten by Insurers and Servicing of the Policy and adjudication of the claims is sole responsibility of these Insurers.

*T&C Apply. For details please refer policy wordings.

5. Grievance Redressal

OEM Name	Contact Details	Email ID	Timing (Monday – Friday)	Timing (Saturday)	Timing (Sunday)
Nissan	044-6175 4860	[email protected]	9:00am – 7:00pm	9:00am – 1:00pm	Closed
Renault	044-6175 4830	[email protected]	9:00am – 7:00pm	9:00am – 1:00pm	Closed

Sundays and Public Holidays are Holidays.

Grievance Redressal

We at NRFSI are very keen to hear about the aspects of your Policy that you believe can be improved. If something does not go as well and as expected or promised, here are some simple ways to ensure that your corcerns are dealt with quickly and effectively.

Our helpline is always the first place to reach us if you have any coments or feedback.

Please write to us on
[email protected]

Senior citizens may write to us at the following id:
[email protected]
If we have not been able to resolve the issue and you wish to make a further suggestion or a complaint, please write to Grievenace Redressal Office at

Email:
[email protected]