Compulsory Personal Accident (CPA)

CPA, also known as Compulsory Personal Accident, is a type of coverage that offers financial protection to vehicle owners and drivers in the event of accidental death or disability resulting from an accident. The coverage took effect in January 2019 and is mandatory for all types of vehicles, including cars, bikes, and commercial vehicles.

The purpose of this cover is to ensure that driver and vehicle owners are never left to bear heavy medical costs or financial burdens alone following an accident. The CPA is also available as an add-on, which you can include in a third-party, own-damage or comprehensive car policy.

As the name suggests, the compulsory personal accident is mandatory for all car owners and drivers in India as per the IRDAI guidelines and the Motor Vehicles Act. Driving without coverage can invite fines and penalties from the relevant authorities. However, to obtain the CPA cover in car insurance, individuals must have a valid driving licence.

Compulsory personal accident cover has become an essential component of motor insurance. The cover offers various benefits to the policyholders, some of which are listed below:

Protection to Owner and Driver

One of the benefits of CPA cover in car insurance is the financial protection for vehicle owners and drivers. Unlike third-party car insurance plans (also mandatory), which provides coverage for third-party and property damage caused by the insured vehicle, this coverage offers protection to driver and vehicle owners against accidental loss.

Family Security

In case of accidental death or permanent disability, CPA cover ensures that the policyholder's family receives financial support to handle medical bills, daily expenses, and other financial burdens during challenging times. This protection helps families maintain financial stability when they lose their primary source of income.

Cost-Effective Coverage

The CPA in car insurance is cost-effective compared to other car insurance options. The plan offers significant financial benefits for a relatively small investment in premiums. This makes it a valuable addition to any car insurance policy, whether it is third-party, own damage or comprehensive car insurance plan.

Easy and Quick Coverage

Obtaining the CPA in a car insurance plan is easy and quick, with minimal paperwork and no medical test required. Due to this, coverage is accessible to all drivers without requiring extensive documentation or health checks, unlike other plans. It ensures quick and hassle-free protection to policyholders.

TATA AIG offers a personal accident cover which is specifically designed for owner-drivers of motor vehicles. It provides compensation for bodily injury or death sustained by the owner-driver in direct connection with the insured vehicle, including while driving, mounting or dismounting, or travelling as a co-driver.

This CPA coverage applies to injuries caused by violent, accidental, external, and visible means that occur within six calendar months of the injury. However, for the coverage to be valid, policyholders need to meet the following conditions, which are:

• The owner-driver must be the registered owner and named insured, holding a valid driving licence as per the Central Motor Vehicle Rules, 1989.
• Only one compensation item applies per occurrence, with total liability not exceeding the sum insured during the policy period.

Also Read: Personal Accident Cover in Car Insurance

Compensation Under TATA AIG CPA Cover in Car Insurance

The compensation offered under the TATA AIG CPA cover for car insurance is based on the nature of the injury. Here is the table for the compensation percentage under the CPA cover.

The operation of the CPA in car insurance is relatively straightforward. The cover becomes effective when an accident occurs while the owner-driver is driving or travelling as a co-driver in the insured vehicle. Let us understand the working of the CPA cover by example.

Devi owns a car with a CPA cover of ₹15 lakhs. She is getting out of her parked car when the motorcycle hits her, which results in permanent disability in the right leg. Under such a scenario, Devi will receive 50% compensation, which is approximately ₹7.5 lakh, as per the policy terms.

Filing a claim for CPA cover with TATA AIG is easy. Here are the steps you need to follow to file a claim.

Step 1: Immediate Claim Intimation

Inform TATA AIG representative immediately after an accident through the self-service portal or via email (general.claims@tataaig.com) or by calling the helpline number (022 6489 8282).

Step 2: Gather Required Information

You need to provide the details of the incident to the representative; therefore, it is crucial to gather all relevant information, such as the policy number, date and time of the incident, name of the insured, and nature of the loss.

Step 3: Initial Contact and Verification

After that, the initial contact team will connect with the insured or policyholder to confirm the details of the incident.

Step 4: Surveyor Appointment

Once the initial assessment is verified, we will send the surveyor to verify the claim. The surveyor will inspect the scene and verify the documentation.

Step 5: Document Submission

After that, you need to submit the necessary documentation, such as medical bills, the FIR report, and the post-mortem report, to the surveyor.

Step 6: Document Verification and Processing

Surveyor reviews and verifies all submitted documents. Processing will begin once all documents are verified.

Step 7: Claim Settlement

If approved, you will receive the claim settlement amount directly into your bank account. All claims are settled within seven working days of receiving all relevant documents.

Also Read: Car Accident Insurance Claim Process - A Step By Step Guide

The documents needed to file a claim against the CPA cover may vary, but generally include:

• CPA claim application form
• Valid driving licence
• Medical reports
• First Information Report (FIR)
• Hospital bills
• Hospital investigation report
• Car’s registration certificate
• KYC forms and documents
• Medicine bills
• Hospital discharge summary
• Income proof (pay slips or salary slips)
• Cancelled cheque (CTS format)
• Death Certificate (if applicable)
• Post-mortem report (if applicable)
• Disability Proof (if applicable)

Also Read: Documents Required to file a Car Insurance Claims

When it comes to buying a compulsory personal accident cover, you can either choose a standalone policy or go with a bundled car insurance plan. However, when choosing a plan, there are several factors to consider.

Sum Insured

While choosing the compulsory personal accident cover, pay attention to the sum insured. The sum insured is the maximum amount the policyholder will get in the event of the accident. TATA AIG offers a maximum sum insured of ₹15 lakhs with their personal accident cover, which is the mandatory minimum amount set by IRDAI regulations

Coverage Period

The CPA cover period typically aligns with the duration of the car insurance policy, which is usually one year for annual plans. However, TATA AIG offers flexibility in coverage periods, allowing extensions of up to five years, depending on the policy terms and conditions. The coverage remains active throughout the policy period as long as premiums are paid and policy conditions are met.

Number of Vehicles

Another thing to look for is the number of vehicles covered under the personal accident cover. TATA AIG CPA coverage applies across all vehicles owned by the same person, avoiding duplicate coverage and unnecessary premium payments. This means one comprehensive PA policy can cover the owner-driver across multiple vehicles.

Premium

The premium for CPA cover is regulated and affordable. IRDAI has fixed the standard premium for the CPA cover. This regulated pricing ensures consistency across all insurance providers and prevents overcharging. TATA AIG offers this essential CPA coverage at competitive and transparent premium rates, fully compliant with IRDAI regulations.

Also Read: Find the Best Car Insurance Suiting Your Needs

Buying a car insurance plan with CPA cover is straightforward with TATA AIG. Here is how you can buy the plan.

• Go to the official TATA AIG website and head to the “Personal” section and choose “Car Insurance" under the Motor Insurance section.
• Click on the “Insure your new car” option. Enter the brand name, variant name, and car name and click on the “Continue” button.
• Choose the RTO code, enter your mobile number and other details and click on the “See Price” button.
• Various car insurance plans will be available; choose the one that best suits your needs, and then select the personal accident cover.
• Once done, proceed with the CKYC process and fill out the asked details. After doing it, pay the car insurance premium.
• Upon successful payment, the car insurance policy with personal accident cover will be sent to your registered email address.

Having a CPA cover in a car insurance plan is essential for vehicle owners and driver security. The coverage provides a safety net for the policyholder and their family members in the event of unfortunate incidents, such as accidents. With the compensation amount, driver and vehicle owners can reduce the financial burden associated with medical expenses, rehabilitation costs, and loss of income during challenging times.

When it comes to buying car insurance in India with CPA cover, always choose a reliable and trustworthy provider. TATA AIG is one such household name that offers car insurance online with personal accident cover. We ensure complete compliance with IRDAI regulations while providing essential financial protection for owner-drivers.

Along with this, our car policy comes with various features, such as 5,900+ cashless garages across the country, offering easy and hassle-free repair services to policyholders. Not only that, but with an easy and paperless process, you can buy and renew car insurance plans quickly and easily on our website.

Also, you can check the car insurance status online before renewing the plan to know its validity on our website. So what is stopping you now! Buy a car insurance plan with personal accident cover from our website now!