A renowned name in the insurance space, TATA AIG General Insurance provides comprehensive two wheeler insurance plans that make sure your vehicle is covered for all possible risks that it might be subjected to while on the road.
Award winner of “General Insurer Claims Team of the Year” by Claims Awards Asia 2013.
The company offers affordable two wheeler insurance plans that offer easy claim settlement, special add-on covers and a cashless garage network across the country. With TATA AIG’s two wheeler insurance policy in place, all you need to worry about is your next destination on your bike!
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.
TATA AIG insurance policy for two wheeler covers Own Damage Two Wheeler insurance and Third-party liability insurance, additionally you can also, opt for long-term policy for 3 years which would help you as a two wheeler owner at the time when needed – in case of any accident or mishaps.
Types of coverage
Depreciation Allowance:
At the time of claim the core policy does not cover the full cost of the bike’s depreciable parts such as rubber, plastic, metal parts, etc. The deducted depreciable cost is borne by the policyholder. To combat this Depreciation Allowance cover helps to save money at the time of claim where the depreciable parts are repaired or replaced completely. The price is paid by TATA AIG.
Specific condition:
This cover is limited to only two claims when the policy is in force.
Return to Invoice:
This cover reimburses the initial road tax and registration amount which is paid for your two wheeler which is insured. If the insured two wheeler undergoes a total loss or damage caused by an accident this cover ensures that you get an invoice price of the two wheeler.
Special conditions applicable to this benefit:
Special Condition
In case of theft:
“No Trace Report” by police needs to be submitted, confirming the theft of the insured vehicle.
Consumable Expenses Cover:
The cost of consumables (brake oil, nuts, bolts, screws, washers, lubricating oil, etc is not covered in the core policy.
This add-on covers ensures that the costs of replacement or replenishing the consumables is covered at the time claim except tyre(s) and tube(s).
Special Condition:
Provided the repairs are done at a TATA AIG authorized garage.
Emergency Medical Expenses Cover:
TATA AIG will pay emergency medical expenses incurred to the owner of the insured vehicle in case of any bodily injury to the policyholder or any passenger/pillion due to the accident or whilst mounting, dismounting, driving or travelling in the insured vehicle.
Additionally, a Reasonable Ambulance Charges incurred will be reimbursed if one had to hire an ambulance to carry the owner or the pillion from the site of accident to the Hospital.
Exclusion:
For long-term two-wheeler policy:
Personal accident to unnamed pillion other than insured and the paid driver is available with a sum insured of Rs.2,00,000/- Electrical or Electronic fittings: This covers any electronic or electrical fittings which are not in-built with the vehicle can be covered under the roof of this add-on cover.
TATA AIG General Insurance offers many attractive discounts that the policyholder can avail.
No Claim BonusThe following table will provide the details.
| No. Of Years | Discount |
|---|---|
| One claim-free year | 20% |
| Two consecutive claim-free years | 25% |
| Three consecutive claim-free years | 35% |
| Four consecutive claim-free years | 45% |
| Five consecutive claim-free years | 50% |
TATA AIG General Insurance offers other discounts provided you are a member of any recognized Automobile Association of India
Contact Details:
Required steps and supporting documents:
a) In case of Accident
b) In case of Theft
c) In case of Third Party Claims
Step-wise guide to claim:
TATA AIG a trust that is backed with by quality service and quick solutions. The Bike Insurance of TATA AIG provides comprehensive coverage to protect your vehicle in case of any accident or damage. With goodwill of the company standing by your side you should consider TATA AIG for your two wheeler insurance.
The benefits offered by the online and offline term plans by Tata AIG Two wheeler Insurance Company are no different. However, the plans bought online are much cheaper that those bought offline due to some of the reasons mentioned below:
Then there would be a decision taken whether the policy would be approved or denied. If you buy a policy online, the rules are applied as you fill the details and most of the times the screening happens then and there. These savings are further transferred to the customers by offering a lower premium.
A multi-year or a long-term two-wheeler insurance plan wins the race than the single-year two-wheeler insurance offered by Tata AIG. Because opting for a long-term two-wheeler insurance plan would offer you peace, convenience and no-stress. You can save on your premiums, skip the paperwork, and reduce the hassles. The added advantage is you avoid the gap in coverage since you are insured for a long period!
Yes, you can certainly avail the benefit of NCB on the expired policy, if you renew your two-wheeler insurance within 90 days of expiration.
You can claim the entire Insured Declared Value (IDV) in case of theft of your two-wheeler. Remember, IDV is always calculated basis the age of your two-wheeler, engine capacity, and geographical locations. The higher the IDV, higher would be the premium too.
Tata AIG offers the below benefits which makes it important to insure it:
