Key Protection Cover

The Key Protection Cover add-on is also known as key care cover add-on. It is an insurance cover aimed at helping you meet the costs of a stolen, lost, or damaged key, including entire lock replacement. However, some car insurance policies include key protection in the base comprehensive plan itself, it is generally available as an insurance add-on cover which offers a broader level of coverage.

This add-on cover comes with a few benefits. Have a look at the following:

• Replacement of the car lock/key/lockset of the same type in case it is stolen, lost or damaged.
• Key replacement in case of theft or burglary. And the lockset will be replaced in case of damage.
• It will not affect the policyholder’s eligibility for an NCB (No Claim Bonus) at the time of renewal.

Here’s an example for you to understand about the Key Protection Cover better in detail.

Suppose you came back from an amazing road trip and now you are thinking of taking your car for a wash the next day. As you look for your car keys, you can’t find them anywhere. You are worried if they are lost or stolen. Now, you do not need to worry if you have a key protection cover as it will provide a replacement for your lost key without any extra payment. There are a few requirements of the insurer that you need to provide, and after that, your requirement, be it a key or lock replacement will be fulfilled.

When included in your car insurance policy, key protection cover will often cover the replacement of:

• Locks that can be opened by the missing key.
• Keys, entry card, lock transmitter, and central locking system.
• The car’s ignition and steering lock.

When you purchase key protection cover as an add-on, your level of cover will include:

• 24x7 assistance.
• Cover for car, garage, home, office, gate and outbuilding keys and locks.
• Accidental damage to keys.
• Reimbursement of public transport fares or taxi fares if you can't get in your car. This has to be an agreement by your car insurance company.

It will usually not include:

• Damage to locks due to cleaning, wear and tear, or any electrical breakdown.
• Keys, lock transmitters that have been left in a car at the time of the loss or that have been taken without permission by a family member.
• Damage to locks where the keys are not damaged.

Key Protection Cover is available as an add-on to the Comprehensive car insurance policy. You need to go for it while you buy or renew the standard comprehensive insurance. Buying a Key Protection add-on is easier through the online method. Below are the steps for buying Key Protection add-on cover online:

• Step 1: Visit the insurance company’s website or its mobile application.
• Step 2: Buy the standard comprehensive car insurance policy and include the add-on cover before you pay and purchase the insurance policy. You can also buy the Key Protection Cover when you renew your car insurance plan.
• Step 3: Receive the policy document in only a few minutes to your email address.