What is
Two-wheeler Insurance?

Go to www.reliancegeneral.co.in and log in to your profile. A soft copy of your policy document will be available for download. A print out of this document will serve as the original policy document.

If you have a two-wheeler on loan, then it is advisable to have comprehensive insurance. This covers you for damages done to your two-wheeler and a third-party’s too.

An endorsement is a written proof of an agreed change in the policy, as and when the need arises. There can be two types of endorsements: premium bearing and non-premium bearing. In a premium-bearing endorsement, you will be charged an additional premium for things like transfer of ownership, addition of LPG / CNG kit, change of RTO location etc. In a non-premium bearing endorsement, you won't be charged anything for the changes incorporated in the policy. For example, correction in contact details, correction in name, correction in engine / chassis number, addition of hypothecation, etc.

Yes, you can cancel your bike insurance policy during the policy tenure. However, there will be no refund of the premium amount.

You can make changes to your two wheeler insurance only in the following cases: Either the name, registration number, engine number, chassis number or model number has to be corrected.

• There is a change or correction of your address
• There is a change in vehicle, RTO or registration
• There is an addition of electrical / non-electrical accessories and / or addition or change of hypothecation.
• There is an NCB recovery or change.

For an endorsement, you simply need to raise a service request online, by logging onto our website: www.reliancegeneral.co.in.

The policy covers damage or loss to the two-wheeler due to:

• Accident
• Fire
• Lightening
• Self-Ignition
• Explosion
• Theft
• Riot & Strikes and / or Malicious Acts
• Terrorism
• Earthquake
• Flood
• Cyclone
• Inundation
• Transit by Rail, Road, Air and Elevator

We recommend that you opt for a Third-Party Liability Cover because it is compulsory to be taken as per the Motor Vehicles Act. It covers third-party property damage and provides liability for the third-party in case of injury or death. Simply put, this cover offers you protection if the other party is uninsured or underinsured. If you get a Personal Accident Cover, you will be covered against accidental death and permanent, total disablement. This policy is active anywhere in the world, whether you are driving or otherwise.

Apart from this, you can opt for any one of these add-on covers to get more comprehensive coverage:

• Total Cover
• Nil Depreciation

The risks that we don’t cover in this policy are as follows:

• Normal wear-and-tear of the vehicle
• Mechanical and electrical breakdown
• Vehicle being used other than in accordance with the limitations as to use. For example, if you use your two-wheeler for remuneration purposes.
• Damage to / by person driving without a valid driving license
• Loss or damage caused while riding under the influence of alcohol or any other intoxicating substance
• Loss or damage due to depreciation of the vehicle’s value
• Consequential loss - if the original damage causes subsequent damage / loss, only the original damage will be covered.
• Compulsory deductibles - a fixed amount that gets deducted at the time of the claim.

Third-Party Cover is mandatory in India, so you have to purchase one when you get your two-wheeler. A Third-Party Liability policy covers you against legal liability for injury or death or property damage caused to any third party, who is not in the insurance contract in an accident. However, this policy does not cover damages or loss caused to your own vehicle in an accident or theft. In order to have a complete coverage, you should have a Comprehensive Two Wheeler Insurance Cover.

This is an optional cover, which protects you against accidental death and permanent total disablement. The Personal Accident cover is valid for 24x7, whether you are driving or otherwise.

You can claim the PA cover only if the Motor Insurance Policy:

• is in your name and you are the registered owner of the vehicle.
• has an owner-driver, paid-driver or unnamed passenger cover.

This is an add-on cover, which can prove beneficial if your two wheeler is completely damaged in an accident or it is stolen. In this case, the total sum of the expenses paid for the vehicle insurance, registration charges and road tax is reimbursed proportionately.

IDV stands for Insured's Declared Value (IDV). This is the present market value of a vehicle. It is calculated by adjusting the current manufacturer's listed selling price of the vehicle with depreciation percentage as listed in the table below:

Electrical accessories are any electronically powered accessories that are part of your vehicle. You can protect electrical accessories, which are not manufacturer fitted, by paying an extra premium of 4% on the value of the item. The value of the item is as stated by you i.e. the insured. Non-electrical accessories include anything from foot rests to seat covers, which are not manufacturer fitted. Protection for these can be achieved by paying an extra premium on the invoice value.

Add-on covers literally add extra protection and cover benefits to your policy. They help to customise your two wheeler insurance policy based on your requirements.

You can opt for any one of these add-on covers to get more comprehensive coverage:

• Total Cover
• Nil Depreciation
• Voluntary Deductible

Voluntary deductible is an amount that you agree to pay towards a claim before the we as the insurance company picks up the balance. It is a fixed and minimum amount that you declare to pay when you make a claim. This amount is inversely proportional to your premium. The higher your Voluntary Deductible amount, the lower is your premium.

For example, if your claim amount is Rs. 20,000 and the voluntary deductible is Rs. 3,000 then you have to bear the first Rs. 3,000 and the claim will be worth Rs.17,000.
Your deductible amount will differ as per the Cubic Capacity (CC) of your vehicle.as mentioned in pvt car.

You may also opt for a higher deductible over and above the compulsory deductible (GR-40) amount. In this case, we will award you with a suitable discount based on the following table.as mentioned in pvt car

*Own Damage premium

This add-on cover entitles you to get 100% repayment on the depreciated parts (other than tyres and tubes) at the time of claim settlement. You can opt for a Nil Depreciation Cover when you get a new bike insured or at any subsequent renewal, so if you haven't got one right now, you should probably consider it!

By paying a minimal, additional charge on your premium, you can benefit in the following ways: Avail repairing costs of fiber glass, rubber, tyres, batteries, air bags, nylon, and plastic parts Please note that we cover only private two wheelers, with a maximum of two claims in one policy period. This cover is applicable only for select make and models that are not older than two years.

Yes, you can easily get a cover for newly fitted accessories once you send us a written request, and share the complete details of the accessories. You will also need to pay an extra premium to get these insured.