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ICICI Lombard Expert Blog
 

Renew Your Expired Motor Insurance Policy with Ease

November 23 2016
Renew Expired Motor Insurance

A remarkable feature called Mobile Self Inspection has been introduced by ICICI Lombard in their Insure app. It allows insurance subscribers to renew their expired motor insurance conveniently.

It cuts back on the time that is normally required for mandatory inspection by an authorised surveyor. The mobile self-inspection is triggered only when a motor insurance policy expires and there has been a considerable time lapsed from the renewal due date.

A process called Break-in is commenced by the insurer when a subscriber seeks for renewal of an expired policy. In this procedure, the policy is issued based on successful investigation. Now, a new policy will be issued by the customers without manual investigation. The policy needs to be renewed by online payment through ICICI Lombard's website or mobile app.

The customer has to upload the self-inspection video on the Insure app as per underwriting guidelines. If the video is uploaded on a working day between 9 AM – 4 PM, the policy will be issued on the same day. The only prerequisites needed are, recording in broad daylight with the device’s camera resolution to be 3 MP or above and high speed internet connection for error-free upload.

Click here to know more.

Also Read:

Insurers Seek Time Limit of One Year for Motor Third Party Claim Filing
Third Party Insurance Could Cost 10-15% More

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