COCORide Two-Wheeler Package Policy Add on Covers

We protect you and your vehicle from accident and associated consequences. Everyone likes to own a vehicle to meet their personal and family commuting needs. Unfortunately, an unexpected event can bring financial loss and legal liabilities. Which is why it's necessary to protect yourself, your pillion and your precious vehicle against losses and legal liabilities if the unforeseen happens.

We understand that specific solutions are required for your specific needs. Our COCORide Wheeler Package Insurance policy offers you right and complete protection for you and your Two Wheeler. On top of this our 12 Add on covers fulfil your residual needs on vehicle repair, Emergency Help, Injury and Hospitalization and vehicle loan.

Zero Dep Cover : It relieves you from bearing the depreciation up to 50% on various parts and paints in the event of any damage to your vehicle due to an accident and helps you to make significant savings in case of an unfortunate damage to your vehicle. You have the option to choose number of claims you wish to avail this benefit.

Consumable Expenses : It provides you coverage for consumables associated with the damage to your vehicle which invariably is part of any claim you report to us thus complete protection for your vehicle. Consumables means Nuts, Bolts and Oils etc.

NCB (No Claim Bonus) Secure : NCB slab in your existing policy is protected if one claim is reported provided claim is not for Total Loss and Theft. Minimum eligible NCB criteria to avail this protection is 25%. In case of Theft if you buy a new vehicle within 90 days of settlement of claim and insure this vehicle with us then NCB mentioned in your expiring policy will be allowed on your new vehicle premium.

New Vehicle for Old Vehicle : In case of Total loss or Theft of vehicle this cover provides you difference between IDV and Invoice value of new vehicle of same make and model enabling you to replace your vehicle easily without any monetary loss to you. Invoice means: Ex showroom + Road Tax + Registration expenses.

Engine Protector : It covers damage to Engine and Transmission parts due to ingress of water and/or leakage of oil due to external impact on the vehicle. This cover safeguards you form heavy expenses related to such incidents during flooding.

Enhanced Owner Personal Accident : You are covered for Rs.15 lakhs in your policy. By opting for this add on cover you can provide extra cover to yourself by opting for higher sum insured in multiples of 1 lakh up to 20 lakhs.

Enhanced Pillion Rider Personal Accident : Pillion Rider can be covered up to Rs. 1 lakh in your policy. You can opt for an increased Personal Accident benefit for Pillion Rider in multiples of 1 lakh upto 20 lakhs.

Accidental Hospitalization : Unfortunate accident to your vehicle may cause injury to you and pillion and you may have to take In-patient / Out-patient treatment in hospital/Nursing Home. You can protect yourself from such unforeseen expenses upto Rs. 5 lacs by opting this add on. We will pay for medical expenses including ambulance charges incurred by You/Driver/Pillion Rider for treatment of bodily injury sustained by You/Driver/Pillion Rider, caused by an accident to the insured vehicle leading to treatment in a Hospital/Nursing Home provided own damage claim is valid and admissible under section I (Own Damage) of the policy.

Hospi Cash :This coverage helps you to cover daily expenses incurred during hospitalization due to an accident of your vehicle up to Rs.2000 per day. You will get this benefit for maximum five days from the date of admission provided the hospitalization exceeds 3 days. (Example: If you have been hospitalized for 5 days or more then you will get this benefit for 5 days but in case, you are hospitalized for 3 days or less then you will not get this benefit at all.)

EMI Protector : We are concerned about financial impact of an accident. We cover 3 EMI's of your insured vehicle if due to any accidental injury involving insured vehicle you are hospitalized for more than 7 days.

Outstanding Loan Protector : You can choose to transfer your loan related worries to us. We will take care of your Outstanding Loan amount on the vehicle against risk of your Death, Permanent Total Disablement due to an accident involving vehicle insured.

Road Side Assistance : You need not worry about breakdown of your vehicle while driving. Our Roadside Assistance Programme take care of such worries. You will get assistance in situations like puncture, towing to nearest workshop in case of breakdown, on site minor repairs, Fuel delivery, Journey continuation and medical co- ordination etc.

Important Exclusions:
Apart from General Exclusions following are the exclusions applicable to respective add on covers:

Zero Dep cover
a) Deductible as mentioned in the policy schedule.

Consumables Expenses
a) Any consumable not associated with admissible Own Damage claim under section I (Own Damage) of the policy.

b) Any consumables that are related to wear and tear and not directly related to claim is excluded.

Engine Protector
a) Any consequential loss, wear and tear, mechanical & electrical failure and parts falling under warranty.

b) Loss or damage due to corrosion of engine or parts thereof due to delay in intimation.

c) Depreciation on parts unless zero dep cover is opted.

Enhanced Owner Personal Accident
a) intentional self-injury, suicide or attempted suicide, physical defect or infirmity or

b) owner driving the vehicle under the influence of intoxicating liquor or drugs.

Enhanced Pillion Rider Personal Accident
a) Intentional self-injury, suicide or attempted suicide, physical defect or infirmity or

b) Pillion Rider of the vehicle under the influence of intoxicating liquor or drugs.

Hospi Cash
a) If Hospitalization does not exceed 3 days.

EMI Protector
a) Any penalty, interest, charges levied due to default in payment by financier

Outstanding Loan Protector
a) Any penalty, interest, charges levied due to default in payment by financier.

Accidental Hospitalization
a) Any expenses related to a sickness, disease or medical disorder not directly consequential to the accident.

b) Any expenses towards psychosomatic disorders of any kind, whether caused or accentuated by accident or otherwise. Any expenses, if the treatment is started after 10 days from the date of Accident unless verified and certified by the medical practitioner.

c) Amount more than the sum-insured mentioned in the schedule during the policy period. attempted suicide,.

d) Any expense arising or resulting from or traceable to intentional self-injury, suicide or

e) Any expense of a person driving the vehicle arising or resulting from or traceable to an accident happening whilst such person is under the influence of intoxicating liquor or drugs.

f) Any expense not supported by an original and valid bill / receipt and related prescription of the attending Medical Practitioner.

Road Side Assistance
a) Act of God (including exceptional adverse weather conditions), earthquake, fire

b) Loss of or damage to luggage or other personal effects that might occur during the services performance.

c) Vehicles used for the purpose of racing, rallying, motor-sports.

d) Routine repairs/services at user's home or other location.

e) Consequential damages arising out of repair on the spot/ towing or any other road side assistance services.

f) Any event not stated in coverage's.

Premium:
Premium will be charged as per rate applicable on the date of insuring the vehicle.