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Two wheeler Insurance - Long Term Policy

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Key Features

  • Insure once and stay secure for upto 3 years
  • Hassle-free claim settlement
  • Quick and easy steps to purchase bike insurance online
  • 24x7 service and claim support
  • Zero Depreciation Cover available*
*Not available for long-term policy

Renewal Reminder

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contact me. It will override my registry on the DNCR. Read more

Long Term Two Wheeler Insurance

Why Bajaj Allianz Two Wheeler Insurance?

While forming a Two Wheeler Insurance policy, Bajaj Allianz takes into consideration all things that may affect a customer's beloved two wheeler and makes that its base. With its all-inclusive policies and well thought out features, it guarantees to provide a package bike insurance cover. With the introduction of our Two Wheeler Long-Term policy, it has become even more practical to purchase an insurance policy with us, as it needs to be renewed only once in three years.

What is Two Wheeler Long-Term Insurance Policy?

We realize that you have a lot to remember on a daily basis and we don't want your Two Wheeler Insurance renewal to be one of those things; which is why we have introduced a feature to our Bike Insurance policy, where you can purchase it for an extended period of time (two or three years) to avoid the hassle of going through the renewal process time and time again. This insurance policy is convenient and, at the same time, lets you enjoy additional benefits.

The Long-Term Two Wheeler policy covers you against damages that your bike or scooter may incur due to any unforeseen events. You also do not have to worry about the exceptionally high costs that may arise due to damages caused to your bike by the occurrence of an accident, natural disaster and so on. Simply purchase our two wheeler Insurance once and stay worry-free for 3 consecutive years.

Fastest Premium Calculator

Two Wheeler / Bike Insurance Premium Calculator
Note: The premium quote considers the full NCB (No Claim Bonus) and system generated IDV. which is valid only for policies bought online

Key Benefits of Long Term Two Wheeler Insurance Policy

  • Transfer up to 50% of your existing No Claim Bonus (NCB) from any Bike Insurance provider while purchasing our Bike Insurance online
  • Avail our 24x7 Call Assistance for claims support and other assistance, even on holidays
  • In case your Two Wheeler Insurance policy has expired, no inspection of your bike is required if the policy is renewed online
  • Get covered for upto 3 years when you purchase your Two Wheeler Insurance Policy, so that you're spared the hassle of remembering the renewal date every year and remain free from any annual renewal procedures
  • Avoid third party premium rate hikes and increase in service taxes that occur almost every year, making sure that you don't face an increase in expenditure during the policy period
  • In case of a claim during your policy period, the No Claim Bonus (NCB) reduces but does not become nil, unlike in the case of a regular two wheeler annual policy.

Long Term Two Wheeler Policy

Long Term Two Wheeler Insurance

Basic covers offered by your Two Wheeler Insurance

  • Loss or damage to your two wheeler due to natural calamities: Your bike insurance policy covers damage caused due to fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide and rockslide
  • Loss or damage to your two wheeler due to other unforeseen events: Burglary, theft, riot, strike, malicious acts, terrorist activities and any damage due to accidental external meansis covered by Bajaj Allianz's two wheeler Insurance
  • Personal Accident Cover: Any bike insurance provides for coverage of Rs.1 lakh for the owner/driver of the vehicle while driving or travelling and mounting or dismounting from the two wheeler. Optional personal accident covers for pillion riders/unnamed hirers are also available with our two wheeler insurance policies
  • Third Party Legal Liability: Protection against legal liability due to accidental damages resulting in the permanent injury or death of a person. Damage caused to the Third party's property is also covered under our two wheeler Insurance policy

Add-on cover - 24X7 Spot Assistance

A lot of times people overlook add-on covers that an Insurance company offers, simply because they consider them to be additional expenses. However, these covers are designed to help save money while making claims and, also cover expenses to replace bike parts, to a great extent. Our long-term two wheeler policy comes with a 24X7 Spot assistance add-on cover, offering you complete protection against several occurrences such as Flat battery, Spare keys, Flat tyre, etc. and providing you benefits like minor repairs, fuel assistance, taxi benefits, accommodation benefits, legal advice, towing facilities, etc. So when you are purchasing your two wheeler insurance policy online please select whichever add-on covers you may require.

For more information please refer to the brochure in the tools section.

Comparison: Two Wheeler Long-Term Insurance vs Regular Two Wheeler Insurance

Exclusions on your Two Wheeler Insurance Policy

It is important to read and understand all exclusions while purchasing a Two Wheeler Insurance, to avoid any unpleasant shocks during your policy period. The exclusions under this scheme are:

  • Normal wear and tear and general ageing of the vehicle i.e. depreciation.
  • Mechanical/electrical breakdown.
  • Vehicles being used otherwise, than in accordance with the limitations 'as to use', specified in the Insurance policy.
  • Damage to/by a person driving the vehicle without a valid license.
  • Damage to/by a person driving the vehicle under the influence of drugs, liquor or any other intoxicant.
  • Loss/damage due to war, mutiny or nuclear risk.
  • Loss or damage to accessories due to burglary, house breaking or theft unless the vehicle is stolen at the same time
  • Wear and tear of consumables like tyres and tubes unless the vehicle is damaged at the same time, in which case the liability of the company shall be limited to 50% of the cost of replacement for the same.

Two Wheeler Insurance Claim process

Irrespective of whether your two wheeler has a minor accident or a major breakdown, you would prefer to go for a short and easy two wheeler Insurance claim process rather than a long and cumbersome one; which is why we have reduced it to three simple steps:

Register your claim with us

You would need to register a claim as soon as possible (online or on paper) following an accident/theft of your two wheeler.

1. To register your two wheeler Insurance claim online:
Visit this page

2. To register your claim over the phone :
Dial our Toll free number - 1800-209-5858, post which you will be connected to our customer care executive who will guide you with the entire two wheeler Insurance claim process.

Please keep the following information handy:

  • Engine and Chassis Number
  • Accident date and time
  • Description and location of the accident
  • Two wheeler inspection address
  • Km. reading
  • Police complaint, in case of theft

Please note that in case of theft, you would need to file a police complaint as soon as possible, so that when you are registering a claim with us, you are able to produce the same along with the other crucial documents.

Send your two wheeler for repair, if applicable

Whether your two wheeler is vandalized, meets with a collision, or gets damaged by some peril, you need to take it to the garage if it is in a movable condition or have it towed there to avoid any further damage.

Final step for claim settlement

You will have to submit copies of all the required documents to us for the claim settlement and get them verified with the originals. Do note that you will have to pay the excess amount according to the norms mentioned in your policy that include depreciation amount, salvage, etc. which will be informed to you by our surveyor.

Customer Reviews

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    24 Feb 2017

    Your process of renewal of bike or car insurance is very user friendly and hassle free. Thanx.

    21 Dec 2016, NAGPUR

    Easy to Use. I renewed my Bike's insurance policy within minutes.

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Frequently asked questions about Two Wheeler Insurance

1. What is IDV in two-wheeler insurance?

IDV or Insured Declared Value is the market value of the two-wheeler at the time of purchase of the policy, based on which the sum insured is decided against theft or accidental damages.

2. Can I renew my bike insurance online?

It is very easy to renew your bike insurance online. Visit the website of the insurer, enter your previous policy details and get yourself a new policy within minutes without any hassles.

3. What is NCB in bike insurance?

No Claim Bonus or NCB is the reward a two wheeler policyholder gets during the renewal of policy in the form of a premium discount. This bonus can only be availed if no claim was made in the previous policy period.

4. How to claim insurance for a bike?

You can make a claim against your bike insurance policy in three steps:

  • Register your claim
  • Send your vehicle for repair, in case of an accident or theft
  • Submit your documents for verification and get your claim settled
5. What are the benefits of long-term policy?
  • Longer coverage period and renewal only once in every two or three years, depending on the policy period you've opted for
  • Helps you avoid third party premium rate hikes and increase in service taxes that occur almost every year, making sure that you don't face an increase in expenditure during the policy period
  • In case of a claim during your policy period, the No Claim Bonus (NCB) reduces but does not become nil, unlike in the case of a regular two wheeler annual policy
  • Proportional refund provision even after a claim during the policy period
6. How to buy two wheeler insurance online?

Buying a two-wheeler or bike insurance online is an easy procedure. One can simply visit the insurance company's website, go to the buying process, fill all the necessary details, choose the policy period - two or three years and then proceed to buy. The payment for the policy can be made using a credit card, debit card, net-banking or digital wallet.

Another way of buying two wheeler insurance is to directly call the customer care of the insurance company and provide all the necessary details over the phone, against which the policy will be issued.

7. How do I renew my Two Wheeler Insurance Policy and what documents do I need for that?

You can renew your two wheeler Insurance policy online or offline - whichever is convenient for you. All you need is your previous Insurance copy and registration certificate and you are good to go.

8. In how much time can I expect to receive my Two Wheeler Insurance Policy copy?

As soon as the payment is verified and the policy is issued, you will get an email from us with your two wheeler insurance policy copy. You can also search for the policy document with the issuance number on our website's customer portal or access your account on our Mobile App - Insurance Wallet to get it directly on your phone. You can also use our #TweetInsurance service, available on Twitter, to get updates about your policy and to download a copy. Visit the #TweetInsurance page for more details.

Please note that the hard copy of your policy will be sent to your home address via courier and can take upto 7-10 days to reach you.

9. Can I transfer the ownership of my policy to someone else? If so, how?

If you are selling off or giving away your Bike, it makes sense to transfer the ownership of yourtwo wheeler Insurance policy as well.This is possible with Bajaj Allianz's Insurance Policy. You simply have to hand over all the related documents to the new owner and inform the Insurance company and RTO about the same. Do note that the NCB accumulated by you during your ownership of the vehicle will not be transferred to the new owner.

10. What happens if my policy expires?

If your Two Wheeler Insurance policy expires, it affects you in several ways, some of which are:

  • Your NCB gets affected negatively
  • You get exposed to the risks of third party liability
  • Increased cost of repairs of your two wheeler

Disclaimer: Notwithstanding my telephone/mobile is registered with NDNC and or notwithstanding the Telecom Regulatory Authority of India [TRAI] restrictions/guidelines on unsolicited telecalls, by my accessing this web site and leaving the site half way enquiring/verify Bajaj Allianz General Insurance Co. Ltd's [BAGIC] products/services and or my making a request to call me back, it is deemed that I have expressly authorized BAGIC and or I am hereby authorizing BAGIC to call me back or send me text messages for solicitation and procurement of various insurance products and services of BAGIC. In this regard I shall not have any complaint nor complain to TRAI as to any alleged unsolicited calls by BAGIC to me.