Despite the risks associated with bike commuting in India, reflected in concerning accident statistics, two-wheeler sales continue to rise. The significance of proper insurance is evident, with the Indian Motor Vehicles Act of 1988 mandating third-party insurance coverage. While third-party liability insurance is common, a comprehensive policy is advisable to ensure comprehensive protection for riders in the face of unforeseen circumstances. Streamline the management of your two-wheeler insurance effortlessly by utilising an app to check two-wheeler insurance. Claims are subject to terms and conditions set forth under the motor insurance policy. *
Coverage For Personal Accidents
A personal accident policy protects against rider injuries or accidents in two-wheeler insurance. The pillion rider has the option to purchase additional coverage. When the rider is between 18 and 65, the maximum amount typically offered as compensation by a personal accident cover is Rs. 15 lakhs.
This coverage may be included in certain insurance providers’ comprehensive bike insurance policies. However, it is typically an option when buying the primary policy. The policy can be renewed yearly and provided at a low premium. Make sure you carry out the online bike insurance renewal process on time. ##
The following are the main advantages of having personal accident insurance:
- Benefit For Accidental Demise: This insurance is beneficial if a family’s primary provider passes away too soon due to a car accident. Such an unforeseen circumstance might expose the household to numerous financial obligations. The Personal Accident Cover provides 100% of the guaranteed amount to shield the policyholder’s family from financial hardship. Claims are subject to terms and conditions set forth under the motor insurance policy.*#
- Disability Compensation: Accidental injuries can result in partial or complete disability. The policyholder’s family’s finances would suffer as a result. If an accident results in the insured’s permanent total disability, his family will receive 100% of the capital sum guaranteed. Up to a certain amount, the policy also compensates for temporary and permanent partial disabilities. Claims are subject to terms and conditions set forth under the motor insurance policy.*#
- Hospitalisation Cash: The policy provides a daily cash allowance as hospitalisation charges if the policyholder is admitted to the network hospital due to injuries sustained in a car accident. This amount may be used for a maximum of 50 days during a network hospital stay.*#
- 24hrs Claim Assistance: The majority of insurance companies offering this coverage also provide roadside assistance and a round-the-clock help desk for issues about claims. This streamlines and expedites the claims process. For seamless control and oversight of your two-wheeler insurance, consider leveraging the Bajaj Allianz two-wheeler insurance app.*#
Exclusions From Personal Injury Insurance
Generally speaking, the Personal Accident rider does not cover the following situations:
- Demise or injury brought on by an accident after using drugs or alcohol.
- Demise or physical harm brought on by the policyholder’s intentional action.
- Harm or demise brought on by breaking the law.
Adding personal accident coverage to your bike insurance policy is wise because it guarantees protection against unforeseen circumstances. The coverage above would be included in most Personal Accident riders. The insurance company and their plan may cause minor differences in the inclusions and exclusions. However, since protecting loved ones from financial hardship is essential, every rider should consider purchasing this coverage. *
Get insured anytime, anywhere! Check out Bajaj Allianz General Insurance website to learn more and download the app now.
*Standard T&C Apply
#Visit the official website of IRDAI for further details
Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
