ICICI Lombard Comprehensive Bike Insurance Policy

ICICI Lombard comprehensive bike insurance policy offers coverage for third party liabilities as well as the own-damages incurred by the insured’s bike due to any mishap.This plan also provides coverage in case of theft of the insured’s bike. Thus, it provides financial security to the policyholder along with peace of mind.

ICICI Lombard Comprehensive Bike Insurance vs Third Party Bike Insurance

What All Is Covered Under ICICI Lombard Comprehensive Bike Insurance Plan?

ICICI Lombard Comprehensive bike insurance provides the following coverage to its policyholder:

• Third party/legal liabilities: A comprehensive bike insurance takes care of all the financial and legal obligations incurred by the policyholder towards a third party due to a mishap involving the insured’s bike.
• Own-damage coverage against natural calamities: The policy compensates for own-damages incurred by the insured’s bike due to natural calamities such as flood, earthquake etc.
• Own-damage coverage against man-made disaster: The insurer provides coverage for own-damage incurred by the insured’s bike occurred due to riots, strikes, etc.
• Own-damage coverage against theft: This plan also insures the bike against theft.

What All Is Not Covered Under ICICI Lombard Comprehensive Bike Insurance Plan?

There are certain scenarios wherein the ICICI Lombard bike insurance plan does not provide any coverage:

• In case of conflict or war
• In case of drink and drive or intoxication
• If the bike was being ridden without a valid driving licence
• If the tube or tyre is the only part harmed during the incident
• If the damage has occurred due to a contractual agreement
• If the bike was not driven by the described person at the time of the accident
• If the accident occurred in a place beyond the geographical extent mentioned in the policy.

ICICI Lombard bike insurance plan comes with a variety of benefits for its policyholders which are described below.

• Quick and easy claim settlement process.
• Availability of round the clock customer assistance service.
• The coverage of the policy can be extended by opting for add-on covers.
• The insurer compensates for the own damage incurred by the insured’s bike.
• The insurer relieves the policyholder from the third party/legal liabilities towards a third party.
• ICICI Lombard insurance company provides cashless service at more than 8,800 garages pan India.