Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Cholamandalam Third Party Bike Insurance

95 reviews Rate This
    Network Garages7,100+
    Claim Settlement Ratio85.89% in FY20
    Emergency AssistanceAvailable 24/7
    Customer89 Lakh+
    AccreditationISO Certification
    Presence135+ Branches

    Cholamandalam Third Party Bike Insurance

    Cholamandalam General Insurance has been assisting thousands of people during the unforeseen incidents of life. Cholamandalam third party bike insurance policy helps the policyholders in meeting the statutory mandate of the law. It provides basic coverage by taking care of the financial and legal liabilities of the insured’s bike towards the third party.

    With the Cholamandalam third party bike insurance, policyholders can avoid the expense of any damage or loss caused to the third party caused by the insured’s bike. Cholamandalam General Insurance has set up an online portal and an active help desk to ensure maximum assistance and hassle-free experience to the policyholders.

    Cholamandalam Third Party Bike Insurance vs Comprehensive Bike Insurance

    Basis

    Third Party Bike Insurance

    Comprehensive Bike Insurance

    Coverage

    The third party bike insurance policy provides coverage for the legal and financial liabilities towards the third party only.

    The comprehensive bike insurance policy covers the third party liabilities as well as own damage incurred by the insured’s bike.

    Nature of Requirement

    Indian Motor Tariff Act has made this policy a mandatory requirement.

    This policy depends on personal preference and requirement. Therefore, it is optional.

    Add-ons Availability

    The third party bike insurance policy does not offer any add-on option to the policyholders.

    The comprehensive bike insurance policy comes with a wide range of add-on options for the policyholders.

    Cost

    This policy is cost-effective for the policyholders as it provides basic coverage.

    The extensive coverage provided by this policy makes the premium relatively higher.

    Bike insurance starting from Rs.482/year*
    • Save upto 75%*
      Lowest Bike Premiums
    • 11.5 Lakh+
      Happy Customers
    • Claim Support
      7 days a week

    *TP price for less than 75cc two wheeler. All savings/offers are provided by the Insurers which are subject to modification. Terms and conditions apply

    What All Is Covered Under Cholamandalam Third Party Bike Insurance Policy?

    Cholamandalam third party bike insurance policy provides coverage for the following:

    • Financial liabilities of third party property damage: The third party policy covers the expense of any third party property damage caused by the insured’s bike. The insurer compensates third party property damage up to Rs. 1 Lakh.
    • Bodily injuries/loss of life of the third party: Any bodily injuries, disability or loss of life of the third party caused in any mishap involving the insured’s bike gets compensated by the insurer under this policy. The compensation amount is decided as per the court of law.

    What All Is Not Covered Under Cholamandalam Third Party Bike Insurance Plan?

    The third party insurance plan gives coverage only for limited events, which covers damages and losses of only a third party. Following are the points that are not covered under this plan:

    • No cover is given for damages incurred by the insured’s bike
    • No optional personal accident cover is offered to policyholders
    • No compensation offered for injuries caused due to accident or mishap.

    Calculate Your Bike Insurance

    Select your bike's brand
    • Hero
    • Honda
    • TVS
    • Bajaj
    • Yamaha
    Which city is your bike registered in?
    • Ahmedabad
    • Bangalore
    • Chandigarh
    • Chennai
    • Gurgaon
    When did you buy your bike?
    Have you made a claim in the previous year?

    Must Read Articles before buying Cholamandalam Bike Insurance

    Cholamandalam Bike Insurance User Reviews

    Write your review
    What users are saying
    • All
    • Most Helpful
    • Compare
    • Price
    • Cashless Garages
    • Comprehensive
    • Claim
    • Renew
    • Premium
    • Add On
    • Faced no concern during the cl...

      I had insured my Kawasaki bike with the Chola MS Bike Insurance Policy on the InsuranceDekho website. I was ...

      Read More
      A
      By Abhin Singh
      On: March 28, 2023
    • There were no hidden charges

      The best thing about the InsuranceDekho is that there are no hidden elements there. All the policies are qui...

      Read More
      K
      By Karan Basu
      On: March 24, 2023
    • Excellent customer service and...

      Kudos to the entire customer care team of Insurance Dekho for always giving amazing support to their custome...

      Read More
      A
      By Abhishek Garg
      On: March 23, 2023
    • Renewal Process

      When looking for renewing the Chola MS Bike Insurance Policy for my Vespa, I found the process very convenie...

      Read More
      I
      By Inderjeet Sen
      On: March 21, 2023
    • Detailed explanations

      I visited the website of InsuranceDekho to purchase a bike insurance policy for my Bajaj Pulsar RS200. I lik...

      Read More
      R
      By Rudra Malhotra
      On: March 17, 2023
    • It is very easy to compare pla...

      It is easy to compare plans on the InsuranceDekho website. All their plans details are easily available whic...

      Read More
      S
      By Suraj Kumar
      On: March 15, 2023
    • 7 Days Availability

      I was looking for an insurance policy and was amazed to see that got a revert from the InsuranceDekho custom...

      Read More
      S
      By Shaurya Gupta
      On: March 10, 2023
    • Hassle-free renewal

      I purchased a Chola MS insurance policy from the InsuranceDekho website for my Hero bike. While renewing the...

      Read More
      S
      By Shyam Sundar
      On: March 7, 2023
    • Policy Process

      While buying a Chola MS policy plan for my KTM Motorbike from the InsuranceDekho Website, I found that the...

      Read More
      A
      By Aditya Kumar
      On: March 6, 2023
    • User-friendly website

      The InsuranceDekho website is easy to navigate. While buying the Chola MS bike insurance plan for my KTM bik...

      Read More
      R
      By Rubin Oberoi
      On: February 21, 2023

    Cholamandalam Third Party Bike Insurance FAQs

    • Will the Cholamandalam third party bike insurance policy provide any coverage outside the geographical area?

      The coverage of every policy is limited to a predecided geographical area. The Cholamandalam third party bike insurance policy does not provide coverage for any damage or loss occurred outside the predetermined geographical area.

    • Does this policy cover loss of income due to the physical disability of the third party?

      Yes, the Cholamandalam third party bike insurance policy provides compensation for the loss of income of the third party due to physical disability.

    • How can I get the quote for my Cholamandalam third party bike insurance policy?

      You can easily get the quote of Cholamandalam third party bike insurance policy online. You have to go to their official website. Then click on the “GET A QUOTE” option and fill in the registration number of your bike.

    • Can I stretch the coverage of Cholamandalam third party bike insurance policy?

      No, you can not stretch the coverage of the Cholamandalam third party bike insurance policy under any circumstances. For extensive coverage, you can opt for the Cholamandalam comprehensive bike insurance policy.

    • How can I pay the premium of Cholamandalam third party bike insurance policy?

      You can pay the premium of the Cholamandalam third party bike insurance policy in the following ways:

      • Log in to the official website and make the payment using debit card, credit card or net banking
      • Visit the nearest branch along with the policy documents.
    must dotmust graphics

    Why to buy from InsuranceDekho?

    • Instant policy# within 5 mins
    • More than 45 lac happy customers
    • Claim Support available all 7 days of the week

    Cholamandalam Bike Insurance Contact Details

    For any assistance or query, call us on:

    Bike Insurance News

    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.