UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
Your policy covers:
Loss or damage to your vehicle against natural calamities –Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
Loss or damage to your vehicle against man-made calamities –Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.
Personal Accident Cover –Coverage of `2 lakhs for the individual driver of the vehicle while travelling, mounting or dismounting from the car. Optional personal accident covers for co-passengers are also available.
Third Party Legal Liability –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.
Your policy does not cover:
Normal wear and tear and general ageing of the vehicle
Depreciation or any consequential loss
Mechanical/electrical breakdown
Loss/damage due to war, mutiny or nuclear risk
Damage to/by a person driving any vehicles or cars without a valid license
Damage to/by a person driving the vehicle under the influence of drugs or liquor
Vehicles including cars being used otherwise than in accordance with limitations as to use
Wear and tear of consumables like tyres and tubes unless the vehicle is damaged at the same time, in which case the liability of the company shall be limited to 50% of the cost of replacement
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