United India Zero Depreciation Add-on

The decrease in the value of a bike with the passing time is taken into consideration as a depreciation factor by the insurance companies. During claim settlement, the insurer deducts the depreciation charge from the claim amount. To prevent this deduction, the policyholder can opt for the Zero Depreciation cover along with a standalone own damage or a standard comprehensive plan. Opting for United India Zero Depreciation cover ensures the maximum claim amount at the time of claim settlement.

Availing United India Zero Depreciation cover prevents the loss of claim amount in lieu of depreciation charges. Zero Depreciation cover ensures the maximum claim amount without the deduction of the depreciation charges.

Benefits of United India Zero Depreciation Add-on Cover

United India Zero depreciation add-on cover offers the following benefits to its customers:

• Higher claim: Zero Depreciation cover promises a higher claim amount as the insurer does not deduct any depreciation value. The policyholders can avail the maximum claim amount with Zero depreciation cover with a slight increase in the premium.

• Saves money: United India Zero Depreciation add-on cover takes care of the expense of repair and replacement of the depreciable parts of the insured’s bike irrespective of the depreciation factor. Thus, the policyholder can save money to be spent on the depreciated parts of the insured’s bike.

Depreciation Rate Applicable on Bike With And Without Zero Depreciation Add-on

United India Zero Depreciation comes with multiple benefits provided that the following conditions are fulfilled:

• The age of the bike should not exceed 2 years.
• This cover can be claimed only twice in the entire policy tenure.
• Repair and replacement due to common wear and tear do not get covered.
• Coverage is not provided in cases of a total loss, mechanical and electrical breakdown of the insured’s bike.