Since a bike insurance policy is a mandatory requirement, many general insurance companies offer you a comprehensive bike insurance policy. This comprehensive policy covers any damage or loss caused to a third party and also any damage or loss suffered by you and your bike. ICICI Lombard also offers a two-wheeler insurance policy to cover your bike. Do you know what the policy offers?
ICICI Lombard Bike Insurance offers a comprehensive coverage for your bike. It covers -
- Losses incurred due to natural calamities like flood, fire, explosion, lightning, earthquake, etc.
- Loss incurred due to man-made calamities like riots, strikes, malicious acts, burglary, theft, etc.
- Death or bodily injury caused to a third party
- Loss caused to any surrounding property
- Personal accidents suffered by you up to Rs. 2 lakhs.
There are many optional coverage features also available with the policy which can be taken for a more comprehensive protection of your bike. Moreover, the policy is offered for 3 years, which eliminates the need of annual renewals.
With so many coverage benefits, wouldn't you like to avail of ICICI Lombard's Bike Insurance plan? If yes, do you know how to buy the plan?
Buying an ICICI Lombard Bike Insurance
You have two choices when it comes to buying an ICICI Lombard Bike Insurance plan - offline and online.
- Buying offline
Offline plans are sold by agents and offline brokers. You would have to find an agent or a broker who sells ICICI Lombard Bike Insurance and then buy the plan from either of them. This is time-consuming and difficult.
- Buying online
Going online is the best bet ever. The online medium provides an easy, secure, hassle-free and convenient medium of buying ICICI Lombard's Bike Insurance policy. You can review and buy the plan from the comfort of your home or office whenever you wish to.
The online medium also gives you choices to buy the bike insurance plan. You can buy the plan from the insurance company's website, from the websites of online web aggregators or from online brokers like Coverfox.com
o Buying from the insurance company's website
You can visit ICICI Lombard's website and buy the plan directly You would have to enter your bike details, choose whether you are renewing a continued policy or an expired policy or buying a policy for a new bike, provide your details and pay the premium. Your policy would be issued instantly.
o Buying from online web aggregators
Online web aggregators also sell ICICI Lombard Bike Insurance policy. You can enter your requirements and find the policy on their website. After providing your and your bike's details and after paying the premium, the policy is issued.
o Buying from online brokers
Online brokers are your best bet when buying ICICI Lombard's Bike Insurance policy. Online brokers not only lets you buy the policy online, they also render expert technical advice on your insurance-related queries. Moreover, at the time of claim settlement too, online brokers provide assistance to get your claims settled quickly. To buy the policy, you would have to visit the online broker's website, provide your details, your bike's details and pay the premium online. The policy would be issued instantly if the earlier cover has not lapsed.
These are the methods through which you can buy ICICI Lombard Bike Insurance policy. There are premium calculators available online. When you enter the details of your trip in the calculator, you can also generate the prospective premium online. Thus, you can know the premium payable for your travel insurance policy if you go online.
To buy the policy, there are some details which would be required and you should keep them handy. These details include:
- Your name
- Address
- Contact details
- Make, model and variant of your bike
- Registration number of your bike
- Year of purchase
- Expiry date of existing insurance policy (if any)
Post updating your details and filling the proposal form correctly, you need to make the payment. The policy would be issued instantly on your email.
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