Benelli TRK 502 Insurance

Not renewing your policy on time may lead to higher premiums and loss of your NCB benefit. Also, it will leave your bike uninsured, making it prone to risks. So, Tata AIG offers long-term two-wheeler insurance that extends over two-three years. It helps you avoid the hassle of renewing your policy every year and also the hike in premiums upon renewal.

Benelli two-wheeler insurance renewal or purchase is now easier with our online process. You can get your Benelli bike insurance online within minutes and that too without submitting any physical documents. All you need to do is visit the Tata AIG website and follow the below-mentioned steps:

• Go to the Bike Insurance page and enter your Benelli bike registration number

• Click on 'Get Price' if you are buying Benelli bike insurance for the first time. If you are already a policyholder and wish for Benelli bike insurance renewal with Tata AIG, click on 'Renew'

• Select the appropriate IDV (Insured Declared Value) of your Benelli TRK 502

• Note: IDV directly impacts the premium of your Benelli bike insurance. So, choose your bike’s IDV wisely.

• Provide your claim history details. If you have raised zero claims in the past, you gain eligibility for the 'No Claim Bonus'.

• If you are buying a standalone own damage or comprehensive insurance, you can pick appropriate add-on covers from the list for added security

• Note: The add-ons are offered at an additional cost thus increasing the overall Benelli TRK 502 bike insurance cost. So, it is wise to choose only the necessary riders.

• The premium amount for your Benelli TRK 502 bike insurance will be displayed after which you can go ahead with the payment

• Once payment is made, your TRK502 bike insurance documents will be sent to the registered email address or WhatsApp number.

Third-party bike insurance premiums are based on the guidelines issued by the Insurance Regulatory and Development Authority of India and depend on the two-wheeler’s engine cubic capacity and are revised annually.

On the other hand, prices of standalone own-damage and comprehensive bike insurance are decided by the insurance provider. Now you may wonder how?

The most crucial factor which decides your comprehensive bike insurance premium is your bike’s Insured Declared Value. IDV is the maximum value the insurance company pays you if your bike is lost or damaged beyond repair. It is calculated after considering the bike’s depreciation and other factors such as:

• Make and model and the manufacturer of your bike

• Accessories included in the bike

• Engine cubic capacity of the bike

• Type of fuel used and the type of use of your bike

• City and date of your bike’s registration

Hence, the prices of your Benelli bike insurance are directly proportional to its IDV. If the IDV is higher, the premiums will also be higher and vice versa. So, inflating the IDV of your bike will lead to higher premiums, while lowering it will result in inadequate compensation at the time of claim settlement. So, choose a reasonable IDV to keep a balance between the insurance price and compensation. Apart from a bike’s IDV, the following factors impact your bike insurance premium:

• Bike insurance coverage or type of policy

• No Claim Bonus discounts

• Addition of add-on covers

• Installed safety devices

You can use our online, free-of-cost bike insurance calculator that provides a quick Benelli TRK 502 insurance cost and helps you choose the best policy in your budget.

Tata AIG provides the following seven add-on covers for your Benelli bike insurance:

Return to invoice cover: A return to invoice cover helps cover the shortfall between your bike’s original price and the amount you are eligible to receive as compensation if it is totally damaged or lost. So, if you raise a bike insurance claim for the complete loss of your bike, the insurance provider does not reimburse you according to the bike’s IDV but the actual purchase price, including the road tax and registration costs.

Emergency medical expense cover: This add-on cover is designed to provide financial relief during accidents. It helps avail of compensation for the costs of treating the rider or the pillion rider suffering from accidental injuries at a hospital. Not only this, but you can also cover the ambulance costs incurred in transporting injured people for medical treatment.

Additional third-party property damage cover: Road accidents can be devastating and lead to heavy losses to you as well as the third party. Hence, to remain secure against third-party financial liabilities you can add this rider to your comprehensive bike insurance. It helps you get additional compensation if your two-wheeler causes heavy damage to third-party property.

Zero depreciation cover: Zero depreciation or nil depreciation cover is an effective rider to overcome the depreciation of your bike and the resultant decrease in its value over time. With this add-on, you can claim the deducted value of depreciation of your bike’s components from the insurance provider. But this rider can be availed for the initial two claims only.

Consumable expense cover: A consumables expense cover as the name suggests compensates you for repairing or refiling the consumables of your two-wheeler after a road accident. With this useful add-on, you can cover the costs of consumables such as nuts/bolts, gearbox oil, brake oil, engine oil, etc excluding the cost of fuel.

Additional personal accident cover for owner-driver: While personal accident cover of up to ₹15 lakhs is already included under bike insurance, this add-on cover acts as a rescuer in case of a deadly road mishap. It provides an additional accident cover which is over and above the sum assured helping the owner-driver’s family overcome the calamity without worrying about finances.

Roadside assistance cover: Roadside assistance cover helps avail of 24/7 assistance if your bike suffers from an impairment while you are on a journey. This crucial add-on acts as an ally and allows you to get emergency assistance from the insurer for refuelling, mechanical repairs or two services ensuring your bike is good to go again.

Comprehensive bike insurance allows you to avail of compensation for multiple damages to your bike. But at the same time, it consists of a long list of exclusions. Hence, before buying two-wheeler insurance, you must check the policy exclusions for a well-informed choice.

The table below will help you understand the inclusions and exclusions under comprehensive insurance for the bike:

Trusted by more than five crore customers and having two decades old experience in the insurance sector, Tata AIG ensures that your two-wheelers are appropriately secured against several risks.

• Some more reasons to choose us for your Benelli TRK 502 insurance are as follows:

• We offer customised insurance plans that are budget-friendly while ensuring suitable insurance coverage for your valuable possession. You can choose from third-party bike insurance, standalone own damage and comprehensive insurance policies based on your requirement. You can also pick from the seven add-on covers that are designed to offer enhanced coverage.

• Our online method of policy procurement is easy, swift and paperless. It allows you to get suitable Benelli bike insurance online within minutes. We also offer long-term two-wheeler insurance thus relieving you from renewing your Benelli bike insurance every year.

• We have a vast network of cashless garages that are spread across the country. With Tata AIG bike insurance, you can avail of cashless repair service for your bike at the nearest garage without any hassle.

• We offer a seamless claim settlement procedure which is made possible by our 7500+ cashless garages and 650+ claim experts. You can initiate a claim by visiting the “Claims Support” page or calling us at 1800- 266-7780 and ensure claim settlement quickly. Our claim settlement ratio of 98% for the FY 2020-2021 is proof of our quality services.

With a starting price of ₹5.49 lakhs, the Benelli TRK 502 is an adventure bike and comes in seven variants. Along with the upgrade to BS 6 emission standards, Benelli introduced certain changes in the TRK including aluminium frame knuckle guards, backlit switchgear, larger mirrors, etc.

The bike is offered in three colours: Red, Grey and White. Some of the bike’s key specifications include

The Benelli TRK 502 has the following unique selling points:

• The distinctive looks of the Benelli TRK 502 offer adventure styling and ruggedness thus making it stand out among the competitors.

• The broad handlebar, ample legroom and plush seating make the bike extremely comfortable for longer journeys.

• The bike’s suspension which includes a 50mm inverted fork at the front and swingarm mono-shock at the back offers excellent wheel control and smooth on and off-road riding.

• The steel frame chassis makes the Benelli TRK 502 strong as well as agile providing smooth and easier manoeuvrability.

• The six-speed gearbox is mated to a gear shift indicator which allows you to ride the bike in the right gear according to the situation.

The bikes that compete with the Benelli TRK 502 are as follows:

• KTM 390 Adventure

• Kawasaki Versys 650

• Suzuki V-Storm

• Honda CB500X