Motor Two Wheeler Insurance

Two Wheeler Insurance Policy covers vehicles used for social, domestic and pleasure purpose and also for professional purpose (excluding carriage of goods other than samples) of the insured or used by insured's employees for such purpose but excluding use for hire or reward, racing, pace making, reliability trial, speed testing and use for any purpose in connection with the Motor Trade.

What does this Policy cover?
The Policy covers loss or damage to the vehicle insured arising out of:

Fire, explosion, self ignition, lightning, burglary, theft, riot, strike, malicious act, terrorism, earthquake, flood, typhoon, accidental external means, landslide or rockslide, road/rail/inland waterway/air transit

It also provides cover against Legal Liability to third party personal injury and property damage arising out of an accident invulving the vehicle as required under Motor Vehicle Act.

The Policy further provides for compulsory Personal Accident cover for owner driver.

Optional Extensions
Loss of accessories-electrical or electronic
Legal liability to paid driver, cleaner or any workman
Personal Accident to the pillion riders

Two Wheeler Add-ons
Nil Depreciation cover
Return to Invoice
Daily Cash Allowance
Manufacturer's Selling Price / On Road Price
Loss of Driving License
Additional Accidental Injury Compensation(Owner)
Winder PA Benefit (Owner)
Accidental Hospitalization cover for Family
Hospital Daily Cash
Additional Accidental Injury Compensation (Family)
Driving - Train Protect (Cover for Child parts of Engine, Differential and Gear Box)
Cost of Consumables
Road side Assistance for Two Wheelers
Engine Protector
NCB Protector

Other Salient Features
Provision for No Claims bonus for claims free experience
Discount for opting higher voluntary excess
Discount for provision of approved anti-theft devices installed in the vehicle
Concession for specially designed/modified vehicle for blind, handicapped and mentally challenged persons
Depreciation, for the parts needing replacement in the accident is defined

The Policy does not cover the following
Any accidents outside the Geographical Area
Consequential loss, normal wear and tear
Driving without valid license for the class of vehicle. Driving under the influence of liquor/drugs
Vehicle not being used as per "Limitation as to use" defined in the Policy