Advanced Road Side Assistance

Question 1

What is the purpose of the Chola Advanced Roadside Assistance Cover?

Answer 1

To introduce roadside assistance coverage for motor products.

This cover aims to enhance support for vehicle owners in case of breakdowns or emergencies.

Question 2

What is the total premium for Private Car coverage under Chola Advanced Roadside Assistance Cover?

Answer 2

700 Rs.

The premium encompasses various assistance services provided to Private Car policyholders.

Question 3

What is the total premium for Two Wheeler coverage under Chola Advanced Roadside Assistance Cover?

Answer 3

500 Rs.

This premium includes assistance services specifically tailored for Two Wheeler vehicles.

Question 4

List three services included in the Private Car roadside assistance.

Answer 4

• Assistance on phone
• Legal assistance
• Medical Coordination

These services are part of the comprehensive support offered to Private Car owners.

Question 5

True or False: The Chola Advanced Roadside Assistance Cover requires validation specific to vehicle age.

Answer 5

False

There is no validation related to the age of the vehicle for this cover.

Question 6

What are the transaction types applicable for the Chola Advanced Roadside Assistance Cover?

Answer 6

• New Business
• Roll over
• Renewals

These transaction types ensure the cover can be applied across various policy scenarios.

Question 7

Fill in the blank: The effective date for implementation of the Chola Advanced Roadside Assistance Cover is _______.

Answer 7

01st December 2024

This date marks when the new cover will be available for policyholders.

Question 8

What is the premium for ‘Battery jump-start’ service under the Private Car coverage?

Answer 8

10 Rs.

This service provides assistance in case the vehicle’s battery fails.

Question 9

What type of assistance does ‘Medical Coordination’ provide?

Answer 9

Referring a Hospital/Medical Assistance/Medical evacuation

This service is crucial for ensuring timely medical help in emergencies.

Question 10

What is included under the ‘Legal assistance’ service in the roadside assistance cover?

Answer 10

• Coordination
• Theft recovery expenses

Legal assistance provides support in various legal matters related to vehicle incidents.

Question 11

How is the premium for the ‘Chola Advanced Roadside Assistance Cover’ calculated?

Answer 11

Detailed in the embedded document.

Specific premium logic can vary based on the services selected.

Question 12

What does the term ‘OPD Consultations’ refer to in the context of the cover?

Answer 12

Outpatient Department Consultations

This service allows insured individuals to consult medical professionals without being admitted.

Question 13

What happens if sub covers are added without the main cover ‘Chola Advanced Roadside Assistance Cover’?

Answer 13

A validation error occurs.

Both the main cover and its sub covers need to be included to avoid errors.

Question 14

List two types of claims that can be made under the Chola Advanced Roadside Assistance Cover.

Answer 14

• Electrical or Mechanical Breakdown
• Accident

These claim types reflect common scenarios where assistance is needed.

Question 15

What is the significance of the ‘Policy level loading discount’ in relation to Chola Advanced Roadside Assistance Cover?

Answer 15

It will be included for Direct Business Discount calculation.

This discount may apply to products eligible for direct discounts.

Question 16

What is the role of the effective date of endorsement in relation to the Chola Advanced Roadside Assistance Cover?

Answer 16

It will only be the Risk Start Date (RSD) of the policy.

This ensures that endorsements align with the policy’s effective start date.

Question 17

What are the two components of the premium for the Chola Advanced Roadside Assistance Cover as shown in the policy schedule?

Answer 17

• 1st year Premium
• Total Premium

These components help in understanding the cost structure for the roadside assistance cover.

Question 18

What is the purpose of the ‘Chola Advanced Roadside Assistance Cover’ being included in the cover list?

Answer 18

To ensure comprehensive coverage for the insured vehicle.

Inclusion in the cover list allows for proper management and validation of assistance services.