Cholamandalam Comprehensive Bike Insurance Policy

Cholamandalam General Insurance is one of the leading insurance companies that provides complete coverage against the contingencies of life through its comprehensive bike insurance policy. Cholamandalam comprehensive bike insurance policy provides assistance to deal with the financial obligations of the third party and for own damage to the insured’s bike. It provides financial security to the policyholders.

Cholamandalam Comprehensive Bike Insurance vs Third Party Bike Insurance

What All is Covered Under Cholamandalam Comprehensive Bike Insurance Plan?

Cholamandalam comprehensive bike insurance provides coverage for the following aspects:

• Third party liabilities: The comprehensive bike insurance policy provides financial assistance to the policyholders for any third party damage, loss or injury incurred by the insured’s bike. Any bodily injuries, death, permanent disability and property damage of the third party gets covered by the insurer.
• Own damage caused by natural calamities: The damage caused to the insured’s bike due to any natural calamities such as flood, earthquake, landslide etc. is covered by the insurer.
• Own damage caused by man-made disasters: The insurer provides compensation for damage to the insured’s bike due to riot, strike, fire, terrorist activities or any such man-made disasters.
• Theft: The theft or burglary of the insured’s bike is covered under the Cholamandalam comprehensive bike insurance.

What All Is Not Covered Under Cholamandalam Comprehensive Bike Insurance?

Cholamandalam comprehensive bike insurance policy does not provide coverage for the following:

• Normal wear and tear
• Driving without a valid licence
• In the case of willful negligence
• Mechanical or electrical breakdown
• Any damage caused due to contractual liability
• Driving under the influence of alcohol or intoxicating drugs
• Damage occurred during the war, nuclear risk, mutiny rebellion or any such situation.

Cholamandalam comprehensive bike insurance provides several benefits to the policyholders which are discussed below:

• Dedicated customer care team
• Swift and easy claim settlement process
• Ease of purchase of policy through its official website
• A wide range of add-on options ensuring extensive coverage
• Free of cost repair and replacement service in the network garages spread all over India
• The insurer takes care of third party liability and own damage expense on behalf of the policyholder.