Tata AIG Comprehensive Bike Insurance Policy

Tata AIG comprehensive bike insurance policy provides a monetary shield against the risks associated with road accidents. It ensures the coverage for “Third Party” as well as “Own Damage” of the policyholder at any unforeseen circumstances. Tata AIG comprehensive bike insurance relieves its policyholder from the financial and legal burden of the third party incurred due to insured’s bike. It also helps to combat the loss due to damage or theft of the insured bike.

Tata AIG Comprehensive Bike Insurance vs Third Party Bike Insurance

What All is Covered Under Tata AIG Comprehensive Bike Insurance Plan?

Tata AIG comprehensive bike insurance provides coverage for the following:

• Coverage for Third party liabilities: The policyholder receives coverage for the financial and legal liabilities towards the third party incurred due to the insured bike. The insurer provides compensation up to Rs. 1 lakh for the property or vehicle damage of the third party. In case of bodily injury/ disability/ death of the third party, the compensation amount is decided by a court of law.
• Protection against natural calamities: The plan provides coverage for damages incurred by the insured bike due to natural calamities such as flood, earthquake etc.
• Protection against man-made disaster: The insurer covers the own damage incurred by the insured bike due to riots, strikes, fire and any other man-made disaster.
• Theft of insured bike: The plan provides insurance cover in case the insured bike gets stolen.

What All Is Not Covered Under Tata AIG Comprehensive Bike Insurance?

Tata AIG comprehensive bike insurance refrains from providing coverage under the following circumstances.

• For an accident beyond the predetermined geographical extent.
• For an accident due to contractual agreement.
• If the bike was not driven by the described person at the time of the accident
• For accident caused due to alcoholism or intoxication
• Absence of valid licence of the insured bike driver
• In case of conflict or war, mutiny or nuclear risk

Tata AIG comprehensive bike insurance provides the following advantages to its policyholder.

• Quick claim settlement process
• Round the clock helpdesk service
• The insurer compensates for the damage or theft of the insured bike
• The coverage of the policy can be extended by availing add-on covers
• The plan provides free repairs for the insured bike in the network garages
• The insurer provides financial and legal assistance to the policyholder for the third party liabilities.