Zuno General Insurance has introduced a unique Electric Vehicle (EV) Add-On Cover, a first in the insurance sector. This product is specifically developed to provide comprehensive protection for electric vehicles while also catering to their specific requirements.
The future of mobility is electric, and Zuno is dedicated to offering innovative insurance solutions that provide peace of mind and full protection to EV owners. Recognizing the unique features of electric vehicles, Zuno has created a line of industry-first EV add-on covers.
Zuno General Insurance, formerly known as Edelweiss General Insurance has policies that 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 to ensure EV owners have a robust and tailored insurance coverage:
Private Charging Station Cover
Extending coverage to include charging cables, connectors, adapters, and all standard charging accessories for protection against accidental damage and theft. Comprehensive coverage for privately-owned charging stations solely used for charging insured vehicles, safeguarding them against fire, theft, and accidental damage – another industry-first.
Personal Accident Cover
Customers will have the choice to add personal accident coverage for cases of injury or death resulting from a fire, blast, or short circuit at their private charging station while charging the insured vehicle.
Battery Coverage
Provide coverage for loss or damage to your 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 in case of consequential loss to battery or parts of battery due to water ingression due to insured peril/Short circuit.
Shanai Ghosh, MD and 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. 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 customers increasingly interested in purchasing electric vehicles, this shift in mindset will bring about a dramatic change in the industry. Our goal is to support this transition by offering innovative, industry-first add-ons. These offerings will not only encourage more people to confidently embrace electric vehicles but will also contribute to widespread EV adoption, redefine insurance practices, and simplify our customers’ experiences.”
