Bajaj Allianz Two-Wheeler Insurance

It is designed for individuals who desire to enjoy a sense of freedom and security with their bikes. The policy provides complete protection against third-party liabilities, theft, and physical damage to the vehicle. The insurance company also provides a multi-year bike insurance policy for a maximum period of three years.

Crucial benefits of Bajaj Allianz two-wheeler insurance

• Purchase or renew the bike insurance policy online in simple steps.

• Up to 50% of the existing, 'No Claim Bonus' can be transferred from any two-wheeler insurance company.
• 24.7 customer care support over telephone, email, and SMS.
• 24x7 support in claim settlement and SMS update facilities.
• High standards of service and hassle-free claim settlement process.

Inclusions of Bajaj Allianz Two-Wheeler Insurance

• Damage to the vehicle due to a natural disaster such as explosion, floods, lightning, landslides, earthquakes, cyclones, hurricanes.
• Damage to the vehicle due to human-made calamities such as theft, riots, strikes, terrorist attacks or any other malicious activities.
• Damage to two-wheeler during transit.
• Personal accident cover:
  It offers coverage of Rs.1 lakh for the personal accident of the owner of the motorcycle or any other driver who is injured or died while riding the vehicle. One may also buy the add-on covers to protect the pillion riders.
• Third-Party Liability:
  The policy covers the policyholder against any financial liabilities due to accidental damages or loss caused to a third-party or their properties.

Exclusions of Insurance Cover

• Wear and tear of the two-wheeler due to aging.
• Electrical and mechanical breakdown.
• The vehicle being used beyond restrictions.
• The damage was done to/by an individual riding the bike without having a valid driving license or under the influence of alcohol/drugs.
• Damage caused to the two-wheeler due to mutiny, war, or any nuclear risk.
• Damage incurred in the vehicle accessories as a Some of the add-on covers are provided below-

• Flat Battery: If a vehicle is not mobile due to a flat battery, the insurer will make some alternative arrangements to move the vehicle under this add-on cover. It has certain conditions which are mentioned in the policy document.
• Spare Keys: During a loss of keys of the insured vehicle, the insurer will arrange for the pickup and delivery of the extra keys under certain circumstances.
• Flat Tyre: If the vehicle becomes immobilized due to a flat tire, then the insurer will arrange for a technician concerning the conditions as specified in the policy document.
• Minor Repairs: The insurer will provide technical assistance if the vehicle is not moving due to an electrical or mechanical failure.

Bajaj Allianz Claim Process

The insurance claim can be made in three simple steps-
a. Register the claim:
Make the insurance claim instantly after the incident that has caused loss or damage to the vehicle. One may register the claim in the following ways:
Filing the claim with Bajaj Allianz is the hassle-free process, as the company has streamlined the filing process for applications. Insurance claims in Bajaj Allianz Life can be filed offline, through the process outlined below:

• The customer must visit the nearest branch of Bajaj Allianz office.
• After the submission of required documents such as registration certificate of the vehicle, photocopy of police FIR, insurance policy document, driving license, and more, the insurer will register and acknowledge the claim. The branch would then hand over the claim form to the customer, which is to be filled in with information such as the name, address, date of birth, policy number of the policyholder.
• The claim form and other documents about the case would then be forwarded to the head office for further processing and verification.
• The customer can also call the customer care executive on 1800-209-5858 (toll-free number)/020-30305858 who will guide the person with the claims process.
• If the customer is registering the claim online, then he must keep the following details ready:
  • Engine and Chassis Number of the bike.
  • Date and time of the accident.
  • Location and description of the crash.
  • Address for the inspection of the vehicle.
  • Kilometer reading
  • Police FIR, in case of vehicle theft

FAQs

Q1. What is NCB?
No Claim Bonus is a discount provided by the insurer to the insured if there are no claims made on the insurance policy in a previous year. An NCB of up to 50% can be transferred from the existing bike insurance policy to the Bajaj Allianz Bike Two-Wheeler Policy.
Q2. What is a voluntary excess?
It is the amount of claim that the insured wants to contribute to the claim amount. Increasing the amount in voluntary deductible decreases the premium, however, it increases the liability of the policyholder in case of loss or damage caused to the third-party vehicle or the individual.