- About Coverfox
Reliance Motor Insurance is a part of one of the largest and trusted general insurance company, Reliance General Insurance (IRDAI Reg. No. 103) was founded in 2001, as a part of Reliance Capital Limited. As a listed company with over 139 offices across India, provide range of insurance to individuals, SME’s and corporates.
Offers upto 40% discount on two wheeler insurance
With a vision to provide world standard services & products, covering customers when needed with their incomparable 24x7 telecalling service and more than 12,000 intermediaries.
Reliance Private Bike Insurance Policy can be tailor-made for your two wheeler. This policy by Reliance Motor Insurance covers Own Damage bike insurance and also, Third-party liability insurance, which helps bike owners at the time when needed – in case of any accident or mishaps.
Own Damage: This policy cover any damage or loss to the ownerâ€™s bike due to any of the following things:
Third Party or Liability: This policy is mandatory by the Motor Vehicle Act 1988, it is provided by Reliance Private Bike Insurance Policy which covers any injuries or property damages to the third party.
Personal Accident Cover: In case of Accidental Death or Permanent Total Disablility the owner-rider of the insured bike is covered with the sum assured of Rs 1,00,000 (1 lakh). Additionally, you can
|Coverage||Compensation Amount||Capital Sum Insured (Rs.)|
|In case of Death||100% of Capital Sum Insured (CSI)||5 Lakh|
|Permanent Total Disability or Death||100% of Capital Sum Insured (CSI)||5 Lakh|
|Loss or physical separation of two limbs and loss of sight for both eyes or loss of one limb and sight of one eye||100% of Capital Sum Insured (CSI)||5 Lakh|
|Loss or physical separation of one limb or loss of sight of one eye||50% of Capital Sum Insured (CSI)||5 lakh|
Reliance General Insurance offers attractive discounts to the two-wheeler policyholder.
|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%|
|Voluntary Deductible (Rs.)||Discount|
|500||5% on the OD premium of the vehicle, subject to a maximum of Rs 50/-|
|750||10% on the OD premium of the vehicle, subject to a maximum of Rs 75/-|
|1000||15% on the OD premium of the vehicle, subject to a maximum of Rs 125/-|
|1500||20% on the OD premium of the vehicle, subject to a maximum of Rs 200/-|
Toll-Free Number: 1800 3009
Required steps and supporting documents:
a) In case of Accident
b) In case of Theft
c) In case of Third Party Claims
Step-wise guide to claim:
With exceptional customer service paired with 159+ network cashless garage and innovative products, Reliance General Insurance is definitely one of the top players in general insurance category. The Anywhere Assist app is a significant feature launched to tackle any emergency situations where finding help at hand can be quite awful. In all, if you are looking to buy bike insurance coverage that provides comprehensive coverage, Reliance General Insurance should be in your top 3 list.
Based on which factors is the premium of my two wheeler calculated?
The premium of your two wheeler will be calculated based on the model, age, location of registration, IDV, cubic capacity, extra covers opted by you and the type of your insurance policy.
I have added brand new accessories to my Two Wheeler, can I get those insured as well?
Yes, even if you add new accessories in the middle of your policy tenure, you can get them insured. Just intimate the company about new accessories and their kind. You might need to pay extra premium to get certain type, for example: electrical, accessories insured.
What are the exclusions of Reliance Two Wheeler Insurance Policy?
Following things are not covered in the policy:
What is Personal Accident Cover for Two Wheeler Insurance?
In case of an unfortunate incident like Accidental Death or Permanent Disability, Personal Accident Cover offers a Sum Assured. This option is NOT limited to the geographical location of the two wheeler. Also the cover is irrespective of the person riding it.
Can I transfer my No Claim Bonus to my new Two Wheeler?
Yes, it is possible to transfer your No Claim Bonus(NCB) to a new vehicle that you own. One can avail for a NCB if the person does not make any claim on the two wheeler policy. This is counted in number of years.