How NTUC Car Insurance is Beneficial for Hyundai Motor Cars?

Protect your Child while he Drives his New Car by Gifting Cheap Auto Plan for Young Drivers to Him

India’s largest passenger car exporter and the second largest car manufacturer is none other than Hyundai Motors. A wholly owned subsidiary of Hyundai Motor Company, South Korea, it came to India in 1996. Presently Hyundai Motors has cars meant for various segments of car buyers. Ranging from compact cars to luxury sedans and SUV’s, Hyundai Motors has a diverse range of passenger cars. In just few years of its presence in India, Hyundai Motors cars are some of the most popular cars amongst the Indian public, especially the Santro, i10, Accent and Sonata. An indication of its success on Indian roads is the fact that Hyundai Motors recorded its highest ever sales in September 2009, a period of slowdown in consumer expenditure.

Hyundai Motors car features
The cars have highest standards of safety and have all been designed keeping quality, comfort and performance in mind. Hyundai Motors provides stylish looks and features that enhance driving pleasure in its cars. Special attention has been made to use interior space well so that Indian families can travel together without compromising on comfort.

Recognition for Hyundai Motors
Over the years Hyundai Motors has been consistently winning awards for launching quality products for the Indian consumer. Most of the cars in the Hyundai Motors portfolio, like the Santro, i10, Accent, Verna and Getz have been awarded the ‘Car of the Year’ title by many panels and institutions. Apart from that, Hyundai Motors has also won the ‘Manufacturer of the Year’ award and has been rewarded for its excellence in Trade.

Protecting your Hyundai Motors car with insurance
While buying a car, a buyer is expected to purchase an insurance policy that comes under the category of general policy from general insurance companies. This is because it is illegal to drive a car without valid car insurance in India. A fine is imposed on car owners who are caught without a valid insurance policy. The insurance policy needs to be renewed every twelve months so that the policy owner can avail of its benefits.

When the car gets damaged, the insurance company such as NTUC car insurance compensates the owner for the repair costs, as covered by the insurance policy. The insurance policy is broadly of two types – Comprehensive insurance and Third party insurance. These types provide coverage for different kinds of losses and amongst them, Third party insurance is the mandatory insurance which every car owner must possess. It protects the car owner against financial loss due to damage caused by him to others’ vehicles or property. The comprehensive NTUC car insurance includes coverage against loss or damage to the policy holder’s vehicle, a personal accident cover and protection against losses due to natural or man-made calamities.

The benefits of car insurance are worth a lot more than what you spend on purchasing insurance. Therefore, when you gift a car to your child, do not forget to gift along a cheap auto plan for young drivers for his and his car’s safety and protection. To sum up, car insurance is a protective cover for your Hyundai Motors car and is highly recommended to all car owners.