About Tata AIG Bike Insurance
Tata AIG General Insurance Company Limited is one of the most reputed general insurance companies in India. The company was formed in the year 2000 after two big enterprises Tata Group, and American International Group (AIG) decided to collaborate. Tata Group is a globally recognized Indian multinational conglomerate, and AIG is a multinational insurance and finance corporation. The coming together of two big companies in a single platform has made the company gain the trust and value of thousands of customers.
The general insurance company works in two significant verticles, Customer lines, and Commercial lines. It offers an ample range of insurance policies to cater to satisfy the needs of various businesses as well as individuals. It offers a wide variety of corporate and personal insurance services. Its products range from bike insurance, car insurance, health insurance, travel insurance, home insurance, motor insurance, and rural agriculture insurance. Some of the unique insurance plans offered by the company are property and business, professional and general liability insurance, environment insurance, etc.
Tata AIG provides third party bike insurance policies, standalone own-damage bike insurance policies, as well as comprehensive bike insurance policies attempting bike insurance premiums. Apart from providing these bike insurance policies with the traditional medium, Tata AIG has opted for a various end to end channels like banks, agents, brokers to enhance the reach. It will provide bike insurance customers with an easy journey right from buying to renewal, especially for bike insurance.
TATA AIG Bike Insurance
Tata AIG offers three basic types of two-wheeler insurance in India; third party insurance, standalone own-damage insurance and comprehensive insurance. Third party insurance is compulsory for all two-wheelers according to the Motor Vehicles Act of 1988, the cover takes care of third party liabilities in case of a mishap including bodily injury, death and property damage. If you want to cover the cost of own-damage in case of a mishap you can purchase a standalone own-damage cover. This is not compulsory but provides coverage for a wide variety of situations including theft, road accidents, vandalism, natural and manmade calamities. However, if you are looking for a hassle-free way to remain protected from the uncertainties of the road it is best to purchase a comprehensive insurance plan. This type of insurance covers both own-damage costs and third party liabilities in the event of a mishap under a single premium.
Furthermore, to expand the coverage that is provided by the own-damage cover you can purchase add-on covers for your two-wheeler. These are optional covers that allow you to pick and choose the ones best suited to your needs. Add-ons come at an additional cost but if selected wisely they can make a significant difference in the claim amount. Some useful add-ons that you should definitely check include the zero depreciation cover, the return to invoice cover, the engine protect cover and the roadside assistance cover.
Tata AIG offers its customers a wide variety of add-ons to choose from. Moreover, the insurance policy is easy to purchase and renew. With more than 7500 network garages you can also rest assured that any repairs that your two-wheelers need can be easily done anywhere across the country.
Significant Points of Tata AIG Bike Insurance
Third Party Insurance- property Damage
Up to Rs. 1 Lakh
Own Damage Cover
Depends on the IDV of the two-wheeler
Personal Accident Cover
Up to Rs. 15 Lakh
What is your bike's brand?
Benefits of Tata AIG Bike Insurance
- An extensive network of 5,000+ garages
- 24x7 emergency assistance is available
- Digital insurance process for paperless system
- Enables the customers to make unlimited claims
- Issues instant policies for all insurance products
38 Tata Aig Cashless Garages in India
Explore Two Wheeler Insurance
Must Read Articles before buying Tata Aig Bike Insurance
- All about depreciation shield in two-wheeler insurance explained. It is one of the most popular add-on covers in two-wheeler insurance. Know more.
- Looking to download IFFCO-Tokio policy for bike insurance? Check out the complete process of downloading a Iffco Tokio two wheeler insurance policy.
- Know simple process of bike registration certificate (RC) transfer in India. Explore more to know RC transfer fee, required documents and all you need
- You should know two-wheeler traffic rules in India. An essential guide for traffic rule for bike riders. Do not get confused about the traffic rules.
- Want to know Two Wheeler insurance claim procedure? Certain documents are mandatory to be presented for streamline bike insurance claim procedure.
Tata AIG Bike Insurance User Reviews
- Most Helpful
Tata AIG Two-Wheeler Insurance FAQs
Why should I take a two-wheeler insurance plan?
Having an insurance policy is very important to run your bike on the road safely. People get two-wheelers so that they can travel effortlessly. It often gives rise to several accidents that end up giving financial liabilities to the owner. Therefore, the insurance policy provides coverage against such uncertainties and protects the owner legally as well as financially.
What if I do not make a single claim in the entire policy period?
In case the policyholder does not claim for any benefit in the whole policy period, they will get a special discount in terms of No Claim Bonus. The NCB can be earned in the Own Damage section of the policy.
What are the exclusive benefits of buying Tata AIG two-wheeler insurance?
There are some exclusive benefits provided by Tata AIG which makes it more attractive than others. It settles down the claim in just 15 days, once the claim is approved and you submit all the necessary documents. The policyholder can register the claim through any medium such as by contact through a toll-free number or email id. They can get cashless repair and replacement services anywhere in the country. At last, all the third party liabilities will be paid directly by the insurer on behalf of the policyholder.
What are the add-on covers under Tata AIG two-wheeler insurance?
Tata AIG two-wheeler insurance provides so many add-ons covers such as Return to invoice, Cost of Consumables, Depreciation allowance, Loss of accessories, etc. It also offers Personal accident cover for both owner and driver.
How to get discounts under Tata AIG two-wheeler insurance?
The policyholders can get discounts through various available options such as No claim bonus, Automobile association membership, Installation of anti-theft alarm and Voluntary deductibles.
Why to buy from InsuranceDekho?
- Instant policy# within 5 mins
- More than 11.5 Lac happy customers
- Claim Support available all 7 days of the week
Bike Insurance News
- What Is A PUC Certificate For A Bike?
This article will provide comprehensive information about th...17 May 2021
- Points To Keep In Mind Before Buying A Second-Hand...
This article provides you a few points that you can consider...17 May 2021
- Why Is It A Must To Use A Bike Insurance Premium C...
This article will provide you with information on what an in...16 May 2021
- Is A Personal Accident Mandatory For Bike Owners?
Read along to know if personal accident mandatory for bike o...15 May 2021
- Reduce Your Bike Insurance Premium By Avoiding Sma...
Read this article to understand how avoiding small claims wi...14 May 2021
- Frequently Asked Questions About Bike PUC Certific...
PUC test evaluates a vehicle's emissions and determines whet...23 March 2021
- Documents Required for Bike/Two-Wheeler Insurance ...
Read the article to know what all documents are required at ...26 March 2021
- How To Find the VIN, Chassis And Engine Number Of ...
Check this post to learn how to find the VIN, Chassis and en...22 March 2021
- How is Two-Wheeler Insurance Premium Calculated?
To calculate the overall cost of the insurance, you can use ...19 March 2021
- Want to Apply For Your Bike’s PUC Certificate? Her...
A lack of a PUC Bike certificate insures the driver and the ...23 March 2021
Add-ons For Your Tata Aig Bike Insurance
This article is issued in general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.