ICICI Lombard Two Wheeler Insurance
ICICI Lombard General Insurance Company Ltd. is one of the leading Insurer providers in India with Gross Written premium of Rs. 185.62 Billion. The Company has the distinction of issuing 29.3 million policies and has settled 2.3 million claims as on March 31, 2022 and has 286 branches all over the country. They have the right team comprising of highly talented professionals and functional experts to come to your aid during emergencies. Their motto is to keep the insurance process transparent and simple
ICICI Lombard offers a range of Two Wheeler Insurance policies and add-ons at a reasonable premium. With the national moving towards embracing digital technology, ICICI Lombard has also joined the bandwagon through IL take care app. You can get policy documents, intimate claims, chat with the insurance experts, tele-consult with doctors and get many other features with IL Take Care app. All said, ICICI Lombard makes a great choice to purchase your bike insurance from.
Types of Two Wheeler Insurance Policies
Comprehensive Policy
This two wheeler insurance policy protects your vehicle from own damage as well as third party damage in an accident. You can customize the policy and enhance protection with buying add-ons along with your policy at reasonable rates.
Third party Liability
Having third party liability insurance is mandatory as per Indian Motor Act. It covers you from legal liabilities arising out of an accident. With this type of policy, if your bike causes injury to any third party’s vehicle or injury to the rider, the insurance company will take care of those expenses
Own Damage Cover
ICICI Lombard’s Own Damage cover covers the damage to your bike in a natural disaster like earthquake, flood, or storm or even man-made disasters like arson, theft, riots.
What is covered by ICICI Lombard Comprehensive Bike Insurance Policy?
- Loss or damage to your two-wheeler in an accident
- Loss/Damage due to Man-made and natural disaster
- Personal Accident cover upto 15 Lakhs in the event of death or disability, which can be availed by paying an extra premium
- Third Party Damage is automatically covered in a comprehensive policy
- 50% coverage to tyres and tubes following an accident
- Add-on covers like Roadside Assistance and Zero Depreciation
Exclusions in an ICICI Lombard Two Wheeler Insurance Policy
- Wear and tear due to ageing of the bike
- Depreciation of the bike and consequential loss
- Driving under the influence of alcohol or drugs
- Driving without a valid license
- Wear and tear of tyres and tubes
- War or Nuclear risk
- Using the vehicle for illegal purposes
- Mechanical and Electrical Breakdowns
Why Buy Two Wheeler Insurance at ICICI Lombard?
ICICI Lombard offers exceptional and seamless technical infrastructure for you to buy/renew policy online in a matter of minutes with minimal paperwork. Mentioned below are the reasons that are advantageous to you by opting for a two-wheeler policy at ICICI Lombard:
- Instant Policy Issuance
- Complete Transparency in the process
- Discounts and Offers
- 24/7 Roadside assistance
- Digital Inspection for Claims
- 6100+ Network Garages across the country
- Service Guarantee on repairs at Network Garages
- No Paperwork
How to buy a two wheeler policy online at ICICI Lombard?
- Visit the website and click on Bike Insurance
- Enter the details required like mobile no, email ID, bike registration number and year etc.
- Select the plan of your choice
- Customize your plan by adding the required add-ons
- Complete the payment online
- Receive the policy documents instantly on your email ID
How to buy a two wheeler policy online at ICICI Lombard?
ICICI Lombard is known for their hassle-free claim processing. They have an enviable CSR of 93.6% for motor insurance claims. Just follow these three steps given below to file a claim,
- Call 1800 2666 or use their IL Take care app to raise a claim
- Make use of the InstaSpect option in IL Take care app to complete inspection via video streaming
- Keep the documents in order, the claim manager will approve it immediately if the documents are in order
- Drop your bike along with the requested documents suggested by the manager in the nearest network garage
- Pick up the vehicle after settling the balance dues
What are the Documents required to file a Two-Wheeler Insurance Claim?
For Accidents:
- A Duly Filled Claim form
- RC Copy of the vehicle
- Copy of DL of policyholder
- Copy of first two pages of the insurance policy
- FIR, if applicable
- An Original Estimate Slip
- Payment receipt and original invoice
- For Company registered vehicle, a stamp is required
For Theft
- A duly filled claim form
- RC Copy and DL Copy
- Policy Copy
- A True copy of FIR
- RTO Transfer papers along with Form 28 (3 copies), 29 (2 copies), and Form 35 ( in case of hypothecated vehicles)
- A No Trace report by the policy that the vehicle is not found
- For company vehicles, a stamp is required.