Zuno General Insurance introduces electric vehicle add-on cover

This offering is specifically designed to cater to the unique needs of electric vehicles (EVs), including three key components with various first-of-its-kind policy features.

02/01/2024 News

Zuno General Insurance has unveiled an Electric Vehicle (EV) Add-On Cover, marking a significant shift in the insurance sector. This offering is specifically designed to cater to the unique needs of electric vehicles (EVs), including three key components with various first-of-its-kind policy features.

1) Private charging station cover

Extends coverage to include charging accessories, protecting against accidental damage and theft.

Offers comprehensive protection for privately-owned charging stations, a notable industry-first.

2) Personal accident cover

Provides the option to add personal accident coverage for injuries or death resulting from incidents at the private charging station during the vehicle's charging process.

3) Battery coverage

Covers loss or damage to the insured vehicle caused by fire, self-ignition, or short circuit during battery charging or while parked at a charging station.

Includes battery protection for consequential loss due to water ingress or short circuit.

Shanai Ghosh, MD & CEO of Zuno General Insurance, highlighted the strategic importance of the EV Add-On cover, stating, "Our Electric Vehicle Add-On Insurance Cover marks a significant step in this direction, introducing industry-first features designed to cater to the unique requirements of electric vehicle owners."

With an eye on the growing interest in electric vehicles, Zuno aims to facilitate this transition by offering innovative, industry-first add-ons. The goal is not only to boost confidence in adopting electric vehicles but also to contribute to widespread EV adoption, redefine insurance practices, and simplify customer experiences.

The EV Add-On Cover positions Zuno General Insurance as a key player in the digital insurance space, ensuring customers have access to forward-thinking, comprehensive solutions for the vehicles of the future.

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