Icici Lombard Comprehensive Bike Insurance Policy

ICICI Lombard Bike Insurance

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ICICI Lombard Comprehensive Two-Wheeler 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

Parameters

Comprehensive bike insurance

Third Party bike insurance

Coverage

A comprehensive policy provides extensive coverage. It provides compensation for both third party liabilities as well as own-damages incurred by the insured’s bike.

This plan provides coverage only for the legal liabilities incurred by the policyholder towards a third party due to an accident/mishap involving the insured’s bike.

Add-ons

The policyholder can extend the coverage of the policy by opting for add-ons along with the comprehensive insurance policy.

Third party bike insurance does not allow inclusion of any add-on.

Premium Amount

The premium of comprehensive bike insurance is relatively higher due to its wide coverage.

Third Party bike insurance comes with a relatively cheaper premium.



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

ICICI Lombard Comprehensive bike plan provides extensive coverage to its policyholder to deal with the uncertainties arising from accident, theft as well as natural calamities. It provides support for “Third Party Damage” as well as “Own Damage”.

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.

  • If the accident occurred in a place beyond the geographical extent mentioned in the policy
  • 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
  • In case of drink and drive or intoxication
  • If the bike was being ridden without a valid driving licence
  • In case of conflict or war
  • If the tube or tyre is the only part harmed during the incident.

The insurer does not compensate or entertain any claim in the above-mentioned cases.

Benefits of ICICI Lombard Comprehensive Bike Insurance

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

  • The insurer relieves the policyholder from the third party/legal liabilities towards a third party.
  • The insurer compensates for the own damage incurred by the insured’s bike.
  • The coverage of the policy can be extended by opting for add-on covers.
  • The policyholder can opt for cashless repairs at the network of garages of the insurers. ICICI Lombard insurance company provides cashless service at more than 2,150 garages pan India.
  • Availability of round the clock customer assistance service.
  • Quick and easy claim settlement process.

ICICI Lombard Bike Insurance User Reviews

106 reviews Write a Review
  • Customised website

    I have an ICICI Lombard policy for my Honda Gold Wing bike. I bought it after going through the high quality content for different insurers on Insuran...

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    A
    Amit Yadav
    On: July 13, 2020 | Views
  • Instant renewal process

    At InsuranceDekho, I could easily get my bike insurance policy of ICICI Lombard renewed in no time by following 2 simple steps. I bought this insuranc...

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    N
    Neerav Prasad
    On: July 9, 2020 | Views
  • Policies at affordable prices

    InsuranceDekho portal provided me with amazing bike insurance policy quotes from different insurers at reasonable rates from which I bought ICICI Lomb...

    Read More
    K
    Kedar Mishra
    On: July 8, 2020 | Views
  • Splendid claim services

    I have an own-damage insurance plan for ICICI Lombard for my Honda Shine bike that I bought from InsuranceDekho. Its team helped me make the claim req...

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    B
    Bhanu Shah
    On: July 8, 2020 | Views
  • Fastest renewal of policies

    I got my ICICI Lombard insurance policy that I bought for my Hero Maestro Edge 125 bike, renewed in a few minutes through InsuranceDekho insurance por...

    Read More
    R
    Ramandeep Sehgal
    On: July 6, 2020 | Views

ICICI Lombard Comprehensive Bike Insurance FAQs

  • Do I need a comprehensive policy for my bike?

    A comprehensive policy provides all in one coverage that gives you financial security and peace of mind while riding your bike. Though purchasing a comprehensive bike insurance is not mandatory, it is advisable to purchase one for your bike to deal with the uncertainties of life confidently.

  • Can I stretch my policy coverage under ICICI Lombard comprehensive bike insurance?

    Yes, you can stretch the coverage under comprehensive bike insurance by opting for different add-ons offered by ICICI Lombard General Insurance. The add-ons can be chosen as per the requirement and preference of the policyholder.

  • What are the add-ons available along with the comprehensive bike policy?

    ICICI Lombard comprehensive bike insurance offers the following add-on covers to its policyholders.

    • Zero depreciation
    • Pillion cover
    • Medical cover
    • Accessories cover, etc.
  • How can I purchase the ICICI Lombard comprehensive bike insurance?

    You can purchase the ICICI Lombard comprehensive bike insurance

    • Through their official website or at InsuranceDekho.
    • By calling on at their toll-free number 1800 266
    • By visiting your nearest ICICI Lombard General Insurance branch.
  • What is the tenure of the comprehensive bike policy?

    The tenure of the comprehensive bike policy ranges from 1 year to 3 years. Since a comprehensive insurance is optional, one can choose between short term (1 year) or long term (3 years) policy.

ICICI Lombard Bike Insurance Contact Details

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