National Insurance Two-Wheeler Insurance

It is one of the leading public sector companies in the general insurance sector. The comprehensive insurance plans of National Insurance Ltd are provided at competitive rates. It offers a wide array of products such as Health Insurance Plans, Two-wheeler insurance plans, Motor Insurance Plans, Industrial Insurance Plan, Rural Insurance Plans, Commercial Risk Insurance Plans, Personal Accident Plans, and Home Insurance Plans.

Features of National Two-Wheeler Insurance Policy

• The claim settlement service of the company is quick, hassle-free and cashless.
• It has customized and cheaper insurance plans.
• No Claim Bonus is one of the highlighted features of the policy.
• Online claim status tracking is available on the company's website.
• It is possible for the other insurers to transfer the existing No Claim Bonus to National Two-Wheeler Insurance.

Inclusions of National Two-Wheeler Insurance Coverage

There are two kinds of insurance covers available under National Bike Insurance:

• Liability Only Cover: It protects in the event of any legal liability if the insured vehicle gets involved in an accident.
• Package Cover: All the liabilities will be covered in this insurance plan, according to the Motor Vehicles Act including the damages caused to the vehicles and passengers. The cost to the insured vehicle includes the following:
  • Property damage ( Third-party property damage of up to Rs 7.5 lakhs)
  • Injury or death of the Third-Party.
  • Any terrorist act
  • Burglary, theft or housebreaking
  • Fire, self-ignition, lightning or explosion.
  • Malicious Act
  • Riot and strike
  • Natural calamities such as flood, hailstorm, cyclone, hurricane, typhoon, storm, and the earthquake.

Exclusions

• Wear and tear of the vehicle
• Consequential loss under the influence of intoxication.
• Damage due to war, hostilities, mutiny rebellion, civil war, military power, acts of foreign enemies, invasion, and other such violent acts.
• Mechanical or electrical breakdown.
• Driving with an invalid driving license and damage caused due to it.
• Any claim arising due to contractual liability.
• Damage to the tires and tubes will not be covered unless the insured vehicle is damaged at the same time. In that case, the company will pay only 50 % of the replacement cost.
• If the vehicle was used beyond the specified borders, as mentioned in the policy.
• Loss/ damage and liability caused due to willful negligence.
• Loss/ damage caused directly or indirectly from the ionizing radiations or any nuclear power or nuclear waste materials or radioactive contamination.
• Loss/ damage caused by atomic weapons.
• If an unauthorized person (who is not mentioned in the Driver’s Clause of insurance) drives the insured vehicle.
• Damage/ loss to the vehicle accessories due to theft.

Claim Process of National Insurance Two-Wheeler Insurance

The claim process at National Two-Wheeler Insurance is simple and fast. The claims support service is available 24/7 as the customer service at NIC is best in the country. The policyholders are given immediate assistance, ensuring customer satisfaction. The customer needs to call at the toll-free number 1800 200 7710 for making a claim. Following is the information that must be provided:

• Date and time of an accident
• Policy Number
• Survey location (where the loss assessor can survey the vehicle).
• The contact details of the insured.
• Estimated loss/ description.
• The name of the driver, contact number and the driving license details.
  Once the claim has been filed, a claim representative will contact the insured person and take the process further.
• The representative will provide the policyholder with the claim reference number for the future reference. Once the claim is approved, the policyholder will receive a text message with the details of the surveyor.
• The surveyor appointed by the company will inspect the insured vehicle.
• After the investigation, the claim status is provided.

Renewal Process for National Two-Wheeler Insurance 

It is a three simple step process:

Step 1: Log on to the e-portal by entering the policy number and the birth date.

Step 2: Select the mode of payment- Net Banking or Debit or Credit Card

Step 3: Once you are informed about the success of payment, print or save the premium deposit receipt.

One can also renew the policy by mobile.

How to Buy a Two-Wheeler Insurance Policy from National Insurance?

• Either visit the nearest branch office of the National Insurance Company or can get in touch with an insurance agent.
• Collect the proposal form as applicable.
• Please fill the form correctly after reading it carefully.
• Submit the proposal form to the nearest branch office directly or through an authorized agent. The agent service can be availed directly by contacting the branch office.
• In some cases, there may be a pre-acceptance survey required for which a surveyor will estimate the risk extent and other related factors.
• Premium estimates can be obtained from the computerized branch offices.
• The policy document can be obtained either directly or by requesting a registered post.

Frequently Asked Questions

Q1. How can I make a premium payment?

You can choose between the two available modes of premium payment:

• Online Payment
• Cash payment at the branch.

Q2. How can I check the policy status?

Just log on to the portal, enter the valid credentials and get updates on the policy status. One can also call on the toll-free number to get the status update.

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