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With the rise in the rate of accidents these days, it is imperative to protect your vehicle from all the risks it is subjected to while on road. Hence, it’s wise to invest in a good two wheeler insurance plan to make sure your two wheeler expenses are properly taken care of.
One of the oldest and trusted insurance companies in India.
Oriental Insurance, one of the oldest and the most trusted names in the insurance space, offers attractive two wheeler insurance plans for vehicle owners. The company not only covers you but also provides coverage for a co-passenger. Also, with online policy, instant claim settlement, rebate premium and many other lucrative benefits, Oriental Insurance is an insurance provider that offers all-inclusive benefits to two wheeler owners in India.
Oriental Insurance offers two types of two wheeler insurance, third party and package policy. Below are the details of both the coverage options for insuring your vehicle.
Oriental Two-wheeler Insurance lets you cover your bike, yourself and third party with its comprehensive coverage two wheeler insurance plan.
It offers you coverage in the following events caused by man-made and natural calamities:
Having a personal accident cover provides coverage of up to 1 lakh to the owner-driver of the insured vehicle in case of permanent total disability or to the beneficiary in case of accidental death.
For every claim-free year, Oriental Insurance offers you a discount on your own-damage premium.
The following table shows the NCB grid:
|NO. OF YEARS||DISCOUNT|
|One claim-free year||20%|
|Two consecutive claim-free years||25%|
|Three consecutive claim-free years||35%|
|Four consecutive claim-free years||45%|
|Five consecutive claim-free years||50%|
You can retain the NCB and carry forward the same if you want to purchase a new bike.
Deductible is nothing but an amount that you need to pay when your vehicle is damaged due to an accident or any other event. A deductible plays an important role in determining your two wheeler insurance premium. Higher the deductible, lower the premium and vice-versa. So if you think you can ride safely, then you should opt for high deductible as you will have to pay low premium.
If you've installed an ARAI approved anti-theft device in your vehicle, then you are eligible for an additional discount up to 2.5% on your own-damage premium.
The Oriental Insurance Company Ltd.
Oriental House, A-25/27, Asaf Ali Road,
New Delhi - 110002
Phone No: 011- 43659595
Toll Free number: 1800-11-8485
Non-Toll Free 011- 33208485
Step-by-step claim process is mentioned below:
a) In case of Accident
b) In case of Theft
c) In case of Third Party Claims
Step-wise guide to claim:
The goal of the company remains in providing excellent customer support to its clients. Oriental customers are supported with quality service with quick solutions at the time of claims. With useful add-ons, you can customize your two-wheeler insurance plan. OICL has an extensive network of garages to help their customers to avail cashless services. Consider Oriental Insurance package policy for your two-wheeler insurance, if you are looking for an old and the most trustworthy insurance company.