Two Wheeler Insurance

TWO WHEELER INSURANCE POLICY PACKAGE
We understand that your two-wheeler is your prized possession. Which is why, our two-wheeler insurance package policy not only covers third-party liability made mandatory by the Motor Vehicles Act, but also reimburses any loss of or damage to your prized possession.

Additional Covers
-Two-wheeler rides are great fun.
-But there is also a higher probability of injury or death (than when you travel in a car), in case of an accident.
-It makes sense to buy some additional insurance
covers to cover the risks. With us, you can buy these at a nominal extra cost.
-Personal accident cover
-Available Discounts
-No-claims bonus
-Anti-theft devices

What's Covered
-Third-party liability
-This policy protects you and your two wheeler against any legal liability towards third parties, arising out of its use , leading to any bodily injury to/on death of a person and any damage caused to the third-party property.
-Loss or damage to the vehicle
-The package also provides cover against any loss or damage caused to your two-wheeler or its accessories due to the following occurrences:
-Fire, explosion, self-ignition, accidental damage by external means.
-Any damage in transit by road, rail, air, inland waterway, lift or elevator.
-Lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
-Burglary, theft, riot, strike, malicious act, terrorist activity.

What's Not Covered
-While we make every effort to give you the best possible services, any loss of/damage to your two-wheeler and/or its accessories will be not be covered if caused by any of the following:
-Normal wear and tear as well as general ageing of the two wheeler
-Depreciation or any consequential loss
-Mechanical/electrical breakdown
-Damage to/by a person driving the two wheeler without a valid licence
-Damage to/by a person driving the two wheeler under the influence of drugs or liquor
-Loss/damage due to war, mutiny or nuclear risk
-Use of the vehicle in violation of the Limitation as to use clause, mentioned in the policy.
-Sum Insured
-We insure your two-wheeler at a fixed value called the Insured's Declared Value (IDV).
-The IDV is calculated on the basis of the manufacturer's listed selling price of the two-wheeler (plus the listed price of any accessories) after deducting the depreciation for every year as per the following rates.