Reliance Two-Wheeler Insurance

The customers who want to protect their vehicles from the unexpected risks can choose Reliance two-wheeler insurance cover. The highlighted feature of this insurance policy is that it has a network of 3800 garages to offer a cashless settlement for the policyholders.

Features of Reliance General Two-Wheeler Insurance

• The policyholder has the flexibility to purchase the two-wheeler insurance policy online. One can make the payment conveniently through various modes, such as Paytm, Credit or Debit card, and Net Banking.
• The online method of policy purchase enables the customer to buy an instant two-wheeler insurance policy with absolutely no paperwork.
• It has a reliable reimbursement process which offers easy and quick claim settlements.
• One can renew the two-wheeler insurance policy without a vehicle inspection.
• One can also avail the cashless claim facility at an extensive network of authorized garages.

Inclusions in Reliance Two-Wheeler Insurance plan

The comprehensive insurance policy of Reliance protects the customers from a wide array of damages/loss occurred in the insured vehicle which also comprises the damages caused to a third-party person or property.

List of Damages Covered in Reliance Bike Insurance

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

Voluntary Deductibles

The amount which the policyholder chose to copay in the claim amount with the insurer. Higher is the contribution of the policyholder in the form of optional deductibles; lower will be the premium.

Voluntary Deductibles     Discount on OD Premium of the Two-Wheeler

Rs.500                                  5%( max to Rs.50)

Rs.750                                 10%( max to Rs.75)

Rs.1,000                             15%(max to Rs.125)

Rs.1,500                              20%(max to Rs.200)

Add-On Covers

• a. Zero-Depreciation Cover:
  By adding the nominal amount to the premium, one can be eligible to avail this cover which offers “Zero Deduction” based on depreciation, which merely means that the claim amount will be fully reimbursed without deductions. In the case of a significant claim, this cover helps in lessening the financial burden on the customers.
  Key features of this cover are:
  • The components of the vehicle which are made of nylon, plastic, rubber, and fiberglass are covered.
  • This cover is applicable only to the vehicles which are two years old.
  • Maximum two claims can be made in the policy period.
  • The add-on cover can be added to enhance the new two-wheeler insurance or the renewed policy.
  • Only two-wheelers are covered under this plan.
  • The claim settlement can be made just for the insured vehicle. Also, the payout is done, if the vehicle is repaired at one of the network garages of the insurance provider.
  • This add-on policy doesn't cover the theft claims or the constructive total loss.
  • The vehicle parts that are not approved by the insurer will not be included.
  • The accessories made of rubber, such as tires and tubes are not covered until the insured vehicle is not involved in an accident.
• b. Personal Accident Bundle Cover
  The cover offers monetary compensation for accidental death and permanent total disablement.

  • Coverage                                                                   Capital Sum Insured Amount          

    Death and Permanent Disability                                    500,000 100%

    Eyesight in both eyes or Loss of limbs                          500,000 100%

    Loss of sight in one eye and loss of one arm/leg           500,000 100%

    One eyesight loss or failure of an arm/leg                      500,000 50%

This add-on the cover is highly advisable as it provides the compensation for disablement which is not available in the primary protection of two-wheeler insurance. It can be added to the policy during the time of annual renewal.

Reliance Two-Wheeler Claims Process

• Call on 1800 3009 which is a toll-free number to register the claim.
• Visit the nearest authorized garage with the vehicle for repair.
• Provide the required documents to the investigator as requested.
• Upon the claim confirmation, the needed repair/replacement work can be carried out at the garage.
• If the insured opts for a cashless facility, it helps in settling the bills directly with the network garage after the completion of repair work.
• If the policyholder is willing to pay for the repairs directly, the statements can be submitted to the surveyor for reimbursement.

Reliance Two-Wheeler Insurance Renewal Online

Two wheelers are more prone to road accidents as compare to other vehicles. To ensure the continued protection of the bike/scooter from accidents and other threats, it is essential to not only purchase the comprehensive insurance cover but also to renew it on time.

Reliance General Two-Wheeler Insurance protects the vehicle from accidents, damages, loss, natural calamities, and theft. The company provides a cashless facility across a network of 159 chosen garages. Every two-wheeler insured with the company is covered against the damage/loss, faced by a third-party, caused due to the insured vehicle for which it is compensated.

The insurance policy can be renewed online through a rapid and convenient process. Visit the official website of Reliance General Insurance, select the two-wheeler icon and enter the existing policy number in the policy renewal tab. Click on ‘Renew My Policy' tab, and it will be directed to the two-wheeler insurance policy renewal page. The website will guide through the insurance renewal process, and the person will be able to renew the insurance policy in no time.

FAQs

Q1. If I am planning to buy Reliance Two-Wheeler Insurance Policy online, what all details I will require?

Provide the details such as registration number, chassis number, engine number, previous policy number, date & place of purchase, contact details and the vehicle manufacturing date. Also, the policyholder should have a copy of the vehicle’s RC book.

Q2. I recently got the new leather seat cover. Can I get it insured in the middle of my policy term?

Yes, send a written request to the Reliance and share the details about the accessories. Also, as the leather cover is a non-electrical accessory, you are required to pay an extra premium to get it covered.