Zuno General Insurance, formerly known as Edelweiss General Insurance, on Wednesday, November 22, announced the launch of Electric Vehicle (EV) add-on cover, a first-of-its-kind in the insurance industry. This offering is specially designed to provide comprehensive protection for electric vehicles and cater to their unique needs, Zuno General Insurance said.
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Zuno General Insurance’s EV add-on covers are designed to complement its standard private car policies and cater specifically to the unique needs of electric and hybrid vehicles. With various first of its kind policy features, the EV Add-On Cover includes three essential components:
The battery coverage will provide coverage for loss or damage to the insured vehicle caused by fire, self-ignition, or short circuit while it's either charging its battery or parked at a charging station. Battery protection will be available in case of consequential loss to battery or parts of battery due to water ingression due to insured peril/short circuit.
Commenting on the launch, Shanai Ghosh, MD & CEO, Zuno General Insurance, said, "The introduction of the EV add-on cover is in line with our strategic objective to build an EV based motor insurance portfolio."
(Edited by : Anshul)
First Published: Nov 22, 2023 5:41 PM IST
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