In India, having bike insurance is compulsory. Additionally, bike insurance protects your bike as it pays for your bike damages as well as third party vehicle damages. Bike insurance also pays for your own injuries along with third party injuries. The best type of bike insurance you can purchase is a comprehensive insurance plan. A comprehensive bike insurance takes care of both, your own bike damage & injuries along with third party vehicle damages & their injuries.
Though comprehensive bike insurance takes care of everything, you still need to pay special attention to the engine. Maintaining engine health not only improves the life of the bike, but it also enhances its resale value.
This is where an “engine protection cover” rider proves to be beneficial. Let’s understand what exactly is an engine protection cover and what are its benefits?
Disclaimer: The above mentioned prices are for a 2 year old Hero Honda Karizma R 223 CC, registered in Navi Mumbai & previous policy has expired.
It is an Add-on cover that you need to purchase along with a comprehensive bike insurance plan that offers coverage against:
The engine of the bike commonly gets damaged by water seepage that happens during the rainy season or waterlogging. This is pretty unavoidable in our country, so it makes sense to get a motorcycle engine cover protection. This apart, the engine also takes a beating when your bike gets involved in a road accident. There may be internal and external damage, all of which would require repairs. Get the engine protection cover to ensure you can keep your engine protected at all times.
Here are some of the beneficial features of this very handy bike insurance rider that you can buy in India:
The biggest benefit you get is that of financial coverage. The engine and its components are very expensive and repairing them can cost you a lot of money. When you have the engine protection cover, you can easily get the bike serviced as and when needed without worrying about financial constraints.
The engine cover rider comprehensively covers all the parts of the engine, including the all-important gearbox. The gearbox is very crucial to the smooth and safe functioning of the vehicle. This is why it requires constant servicing and repairs. Get the engine protection rider and you won't have to worry about paying for any repairs to the gearbox.
The process to buy the rider is easy. You can simply mention it to the insurance provider when you buy the main policy. Also, the premium charged for it is low. You approximately pay a nominal additional premium amount for this cover. This is profitable, as the amount you pay is much lower compared to the engine repair costs.
These are some of the best advantages you get when you invest in the engine cover rider along with the two wheeler insurance plan.
Here’s a detailed look at how you can purchase this motorcycle insurance rider:
If you wish to add this rider when you renew your bike insurance cover, you can easily do so by first clicking on the ‘choose rider’ option and then selecting the ‘engine protection rider’ option.
There are some important exclusions that you must be aware of. You can't get a claim when:
Read the clauses carefully so that you know exactly what is covered and what is excluded when you look to get the engine protection cover benefits.
Now that you know what an engine protection cover is, are you wondering if you really need it? Technically speaking, every bike owner can benefit from this rider, especially if you stay in a flood-prone area or a place that has an occurrence of waterlogging or ingression.
However, if your bike is brand new, you will surely have to get this rider, as keeping the engine intact for a long time is important. Then, if you live in a flood-prone area, the rider may be of great use to you. Consider the age, price, and geographical location and then decide whether or not this is a good option for you.
Yes, if you did not buy the rider originally with the new bike plan, you can attach it to your policy at the time of renewal.
Inform the insurance provider as soon as you notice a problem with your bike’s engine. Then, the insurer will send their inspector to assess the damage. Once that is done, the amount will be credited to your account directly as a reimbursement.
No, you cannot make a claim on a part for which the manufacturer offers a warranty.
You can drop the rider at the end of the policy period. So, this can only be done when you are renewing your policy for the next term, not in the middle of the bike insurance policy tenure.
Yes, you can get an engine protection rider, along with the basic bike insurance plan, offline too. For this, you need to contact your insurance provider or speak to an insurance agent. When buying the plan, inform the insurer or the agent about your intention to buy the rider and it will be attached to your policy.
