Kotak Comprehensive Bike Insurance Policy

Kotak General Insurance is a fast-growing insurance company that has supported its policyholders during the risks of life. Kotak comprehensive bike insurance helps to cope up with the liabilities arising from accident, damage or theft of the insured’s bike. It takes care of the third party liabilities as well as the damage incurred by the insured’s bike. It provides financial security and peace of mind.

Kotak Comprehensive Bike Insurance vs Third Party Bike Insurance

What All Is Covered Under Kotak Comprehensive Bike Insurance Plan?

Kotak comprehensive bike insurance provides coverage for the following aspects:

• Third party liabilities: The insurer provides assistance to deal with financial and legal obligations towards the third party in case of any damage, loss or injury of the third party in a road mishap involving the insured’s bike. The insurer provides compensation which is decided as per a court of law.
• Own damage caused by natural calamities: The insurer covers the damage of the insured’s bike caused due to any natural calamities such as flood, earthquake, landslide etc.
• Own damage caused by man-made disasters: Any damage to the insured’s bike in man-made disasters such as riot, strike, fire, terrorist activities etc. is covered under Kotak comprehensive bike insurance.
• Theft: The insurer covers theft or burglary of the insured’s bike.

What All Is Not Covered Under Kotak Comprehensive Bike Insurance?

Kotak comprehensive bike insurance policy does not provide coverage for the following.

• Normal wear and tear
• In case of willful negligence
• Mechanical or electrical breakdown
• Damage caused due to contractual liability
• In case of absence of a valid licence while driving
• Driving under the influence of alcohol or intoxicating drugs.
• For any damage incurred during war, nuclear risk, mutiny rebellion or any such situation.

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

• Dedicated customer assistance
• Quick and easy claim settlement process
• Ease of purchase of policy through online portal
• A wide range of add-on options ensuring extensive coverage
• It provides 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.