1. What is an extended warranty?
IT IS A CONTRACT OF INSURANCE TO PROTECT A VEHICLE AGAINST THOSE UNEXPECTED VEHICLE
REPAIR BILL(S), WHICH MAY ARISE DUE TO MECHANICAL, EMISSION OR ELECTRICAL BREAKDOWN.
(i.e., the breakdown means - sudden stoppage of a moving part)
2. Is it different from the manufacturer’s warranty?
YES!
MANUFACTURER WARRANTY COVERS A WIDE RANGE OF PARTS MADE BY THE MANUFACTURER AND
THEIR COMPONENT SUPPLIERS, FAULTS OF WHICH USUALLY MAY COME DURING MANUFACTURER
WARRANTY. WHEREAS EXTENDED WARRANTY COVERS MECHANICAL, EMISSION AND ELECTRICAL BREAKDOWN,
THAT USUALLY COMES AFTER MANUFACTURES WARRANTY EXPIRES.
3. Is it mandatory to take it?
IT IS A CONTRACT OF INSURANCE TO PROTECT A VEHICLE AGAINST THOSE UNEXPECTED VEHICLE
REPAIR BILL(S), WHICH MAY ARISE DUE TO MECHANICAL, EMISSION OR ELECTRICAL BREAKDOWN.
(i.e., the breakdown means - sudden stoppage of a moving part)
4. Why should it be taken?
FEW REASONS TO OPT FOR THE EW ARE:-
- NOMINAL PREMIUM AMOUNT
- PEACE OF MIND AS THE CUSTOMER SAVES FROM UNEXPECTED REPAIR BILLS.
- GOOD RESALE VALUE OF THE VEHICLE
- NEAR CASH LESS CLAIM SETTLEMENT.
- INDIA WIDE COVERAGE,
- THE POLICY IS VALID AT ALL THE TM AUTHORISED DEALER’S WORKSHOP AT THE
TIME OF A VALID BREAKDOWN.
6. When should it be taken?
WITHIN 30 DAYS FROM THE PURCHASE DATE. HOWEVER, IT CAN BE TAKEN WITHIN 421 DAYS
FROM THE FIRST SALE DATE OF THE CAR WITH APPLICABLE 15% OR 25 % SURCHARGE, DEPENDING
ON THE TIME PERIOD FROM THE SALE DATE.
7. When will EW start and its validity?
EXTENDED WARRANTY WILL START IMMEDIATELY AFTER EXPIRY OF MANUFACTURER’S WARRANTY
AND IS VALID UPTO TIME PERIOD/ KMS. MENTIONED IN THE BOOKLET.
8. What precautions/ preventive maintenance are to be done by the customer?
TIMELY SERVICE, PROPER USE, CARE OF THE VEHICLE AS PER MANUFACTURER’S GUIDELINES
FROM THE PURCHASE DATE.