Inclusions and Exclusions of Two Wheeler Insurance Policy

Posted on: Dec 7, 2023 | | Written by:

Inclusions and Exclusions of Two Wheeler Insurance Policy

Published on Decembner 06, 2023. EST READ TIME: 3 minutes

Inclusions and Exclusions of Bike Insurance Policy

Bike insurance policies come with certain inclusions and exclusions. So, this concise guide will discuss what’s protected and what is not under your policy coverage.

Two-wheeler insurance is essential to protect your favourite vehicle against unforeseen events. It can cover a wide range of situations, but not every type of situation. Therefore, it is equally crucial for you to know about the exclusions to avoid surprises during insurance claims. To help you with that, this guide will discuss the inclusions and exclusions of bike insurance. So, keep reading.

Inclusions

When you purchase bike insurance , the following things will be covered:

1. Two-wheeler insurance policy generally includes coverage for theft, accidents, fire, natural calamity, and third-party liabilities. If your vehicle encounters any of these, you can claim your policy.

2. Accidents may encompass collisions, damage due to an accident, or injury to the insured.

3. On the other hand, theft and vandalism protection ensures that you get financial support when your two-wheeler is stolen or vandalized.

4. Furthermore, natural calamities such as earthquakes, floods, or storms can also lead to coverage. Also, man-made disasters also covered in such policies.

5. Moreover, the third-party liability covers the legal liability towards a third party due to any accidents caused by the insured.

Exclusions

If you are thinking of getting bike insurance, you must know about the exclusions as well. The following things are excluded from this type of insurance. However, it is worth noting that they are not universal. Therefore, it is mandatory for you to check all the terms and policies to know whether a specific two-wheeler insurance is the right one for you.

1. If you drive your bike without a legal and valid driver's license and have sudden accidents, you cannot claim insurance. It is because you are breaking the law.

2. Also, if you ever drive your bike under the influence of drugs or alcohol and engage in illegal activities, you won't get the coverage benefits.

3. Mechanical breakdowns, wear and tear, and electrical failures also are not generally covered in the two-wheeler insurance policies.

4. Severe damage due to nuclear events, war, or intentional acts also are excluded from the bike insurance policy.

5. Using the two-wheeler for purposes not mentioned in the policy, such as commercial use, also may lead to non-coverage.

6. Furthermore, if your purchased policy somehow lapsed due to the non-payment of premiums, any subsequent incidents will not be covered.

Hence, it is crucial to read all the instructions terms, and policies before choosing a two-wheeler insurance. It will help you know the inclusions and exclusions of bike insurance clearly.

Disclaimer: The above information is for illustrative purposes only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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