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Award winner of “General Insurer Claims Team of the Year” by Claims Awards Asia 2013.
The company offers affordable two wheeler insurance plans that offer easy claim settlement, special add-on covers and a cashless garage network across the country. With TATA AIG’s two wheeler insurance policy in place, all you need to worry about is your next destination on your bike!
TATA AIG insurance policy for two wheeler covers Own Damage Two Wheeler insurance and Third-party liability insurance, additionally you can also, opt for long-term policy for 3 years which would help you as a two wheeler owner at the time when needed – in case of any accident or mishaps.
Own Damage: TATA AIG two insurance policy will protect you against any loss or damage to the two wheeler and its accessories during the following events:
Third Party or Liability: This policy is mandatory by the Motor Vehicle Act 1988, it is provided by TATA AIG. This policy is protection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.
Personal Accident Cover: Coverage of 1 lakh for the individual driver of the vehicle while travelling, mounting or dismounting from the Bike. Optional personal accident covers for co-passengers are also available.
At the time of claim the core policy does not cover the full cost of the bike’s depreciable parts such as rubber, plastic, metal parts, etc. The deducted depreciable cost is borne by the policyholder. To combat this Depreciation Allowance cover helps to save money at the time of claim where the depreciable parts are repaired or replaced completely. The price is paid by TATA AIG.
This cover is limited to only two claims when the policy is in force.
This cover reimburses the initial road tax and registration amount which is paid for your two wheeler which is insured. If the insured two wheeler undergoes a total loss or damage caused by an accident this cover ensures that you get an invoice price of the two wheeler.
Special conditions applicable to this benefit:
a) You are the first registered owner of the motor vehicle
b) The finance company/bank whose interest is endorsed on the policy must agree in writing.
In case of theft: “No Trace Report” by police needs to be submitted, confirming the theft of the insured vehicle.
The cost of consumables (brake oil, nuts, bolts, screws, washers, lubricating oil, etc is not covered in the core policy.
This add-on covers ensures that the costs of replacement or replenishing the consumables is covered at the time claim except tyre(s) and tube(s).
Provided the repairs are done at a TATA AIG authorized garage.
TATA AIG will pay emergency medical expenses incurred to the owner of the insured vehicle in case of any bodily injury to the policyholder or any passenger/pillion due to the accident or whilst mounting, dismounting, driving or travelling in the insured vehicle.
Additionally, a Reasonable Ambulance Charges incurred will be reimbursed if one had to hire an ambulance to carry the owner or the pillion from the site of accident to the Hospital.
Any medical expenses related to a sickness, disease or medical disorder which is not directly to accident or physiotherapy treatment. Any medical expenses not supported by an original bill and related prescription. The expense won’t be covered if the treatment is started after 5 days from the date of Accident The amount cannot exceed more than sum-insured as mentioned. Any expense due to the intentional self-injury, suicide or attempted suicide physical defect or infirmity. In case of riding under the influence of any intoxication
Personal accident to unnamed pillion other than insured and the paid driver is available with a sum insured of Rs.2,00,000/- Electrical or Electronic fittings: This covers any electronic or electrical fittings which are not in-built with the vehicle can be covered under the roof of this add-on cover.
TATA AIG General Insurance offers many attractive discounts that the policyholder can avail.
|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%|
Toll-Free Number: 1800 266 7780
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:
Take appointment with the surveyor and take your vehicle to any of TATA AIG General Insurance authorized network garages for repair, for cashless service. Submit the require documents to the surveyor
Company confirms liability
If possible, opt for cashless garage facility, the company will settle the repair bills directly with the garage up to the amount payable
But in case you do not opt for cashless facility, you have to pay for the repair charges and then submit the bills with claim form to the surveyor/company for settlement
TATA AIG a trust that is backed with by quality service and quick solutions. The two wheeler insurance policy of TATA AIG provides comprehensive coverage to protect your vehicle in case of any accident or damage. With goodwill of the company standing by your side you should consider TATA AIG for your two wheeler insurance.
Why should I buy my Tata AIG Two-wheeler insurance online?
The benefits offered by the online and offline term plans by Tata AIG Two-wheeler Insurance Company are no different. However, the plans bought online are much cheaper that those bought offline due to some of the reasons mentioned below:
Then there would be a decision taken whether the policy would be approved or denied. If you buy a policy online, the rules are applied as you fill the details and most of the times the screening happens then and there. These savings are further transferred to the customers by offering a lower premium.
Is a single year two-wheeler insurance plan offered by Tata AIG better than a long-term two-wheeler insurance plan?
A multi-year or a long-term two-wheeler insurance plan wins the race than the single-year two-wheeler insurance offered by Tata AIG. Because opting for a long-term two-wheeler insurance plan would offer you peace, convenience and no-stress. You can save on your premiums, skip the paperwork, and reduce the hassles. The added advantage is you avoid the gap in coverage since you are insured for a long period!
Why should I insure my two-wheeler with Tata AIG Two-wheeler insurance?
Tata AIG offers the below benefits which makes it important to insure it:
Will I be eligible for the NCB, if my Tata AIG’s two-wheeler insurance policy is expired?
Yes, you can certainly avail the benefit of NCB on the expired policy, if you renew your two-wheeler insurance within 90 days of expiration.
If my two-wheeler gets robbed, what amount would Tata AIG get me?
You can claim the entire Insured Declared Value (IDV) in case of theft of your two-wheeler. Remember, IDV is always calculated basis the age of your two-wheeler, engine capacity, and geographical locations. The higher the IDV, higher would be the premium too.