- No Inspection on Break-in Coverage
- Get policy Online Instantly
- Secure against Loss, Theft and Damage
- Secure Yourself, Co-passengers and Third parties
- Comprehensive coverage for your Two Wheeler
- Variety of Add-ons to choose from.
Our two wheeler insurance policy covers all three of the below. Want to know more? Gladly! Let us see the sections this version of the motor insurance policy covers.
According to Bengaluru city police data as published by The Indian Express earlier this year, 16 two-wheelers are stolen in the city every single day. That is just one city we are talking about and not even the one with the highest two-wheeler population.
Tata AIG two-wheeler vehicle insurance policy also covers any damage that may occur to your bike, due to any or one of the following reasons -
-Natural disasters like cyclones, earthquakes etc
-Terrorist activity/ malicious act
-By fire explosion: self-ignition/lightning
-Whilst in transit on the road, rail, waterway, lift or air
While on depreciation, let us understand IDV (Insured’s Declared Value). No, we are not trying to perplex you with jargons. IDV is the single most important basis of your vehicle insurance policy. In other words, how do you define the net worth of your vehicle? It cannot be a subjective calculation. Hence, IDV for any vehicle is the sum insured for the purpose of the policy and is adapted as the selling price listed by the manufacturer. It is specific to a particular brand/model.
The road is really a tussle. No one would ever want to be in a situation where there is damage caused to someone else. But such things happen nonetheless. We are only human like they say. However, Indian law makes it mandatory for all vehicles on road to have a third-party insurance. That basically implies, that your insurance cover will take care of the following -
-Death or bodily injury to the third party
-Damage to the property belonging to the third party
It covers the Insured against any accidental death or permanent/temporary total disablement. Apart from the base cover in case if insured want to opt for additional coverage’s the same can be opted by insured by paying an extra premium, the coverage he/she would get is up to 15 Lacs. The cover will trigger in case the insured meets with an accident while riding the two-wheeler which results in accidental death or dismemberment/disability.
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