Zuno Bike Insurance

Zuno Bike Insurance Policy - Key Features

*Disclaimer: The above table highlighting the key features of Zuno’s bike insurance policy is for illustration purposes only. For exact coverage, refer to the policy wording given by the insurance provider.

Why Choose Zuno Bike Insurance Policy?

Zuno General Insurance Limited is one of the popular companies for bike insurance policy, as it gives the following benefits:

• Get comprehensive coverage at the most affordable premium rates.
• A trustworthy insurance provider with a smooth claim settlement.
• Filing a bike insurance claim online is quite simple with minimal documentation.
• A wide network of cashless garages spread across the country making repair process smooth.
• Add optional covers or riders to widen the coverage as per your needs.
• Enjoy hassle-free buying/renewing bike insurance online.

Types of Zuno Bike Insurance Policy

Zuno General Insurance Limited formerly known as Edelweiss General Insurance is India’s trusted new age digital brand for insurance products and services. The company offers 4 types of two-wheeler insurance plans, explained below:

1. Zuno Two-Wheeler Bundled Insurance Policy

   Zuno Two-Wheeler Bundled Insurance policy is a comprehensive bike insurance policy covering both own damages and third-party liabilities. Under this bundled policy, this third-party (TP) liabilities are covered for 5 years and own-damage (OD) feature is available for a year, which needs to be renewed on an annual basis. Typically, only new two-wheeler owners can purchase it policy.

2. Zuno Two-Wheeler Liability Only Insurance Policy

   Zuno Two-Wheeler Liability Only Insurance policy is a third-party bike insurance policy. It covers all kinds of third-party liabilities, including death of or bodily injuries to any person. Moreover, it covers damages to the third-party property sustained in a road accident by the insured bike.

3. Zuno Two-Wheeler Package Insurance Policy

   Zuno Two-Wheeler Package Insurance policy covers the third-party liabilities and damages caused to the insured bike for a period of 2/3 years. The policy covers the damages caused by theft, accident, malicious activities, natural calamities, third-party damages, etc.

4. Zuno Two-Wheeler Standalone Own-Damage Insurance Policy

   Zuno Two-Wheeler Standalone Own-Damage Insurance policy is the own-damage bike insurance policy available only if you have active/valid third-party bike policy. It covers the damages or losses caused to the own vehicle in an accident, theft, fire, self-explosion, etc.

*Disclaimer: The above-written inclusions & exclusions are general coverage of the Zuno bike insurance policy. Kindly refer to policy wordings to understand the exact coverage.

Depreciation Rates for Bike Parts

Here is a table showing the depreciation rates applied to the different parts of the bike:

Depreciation Based on the Age of the Bike

Here is another table showing the depreciation rates applied based on the age of the bike:

*Disclaimer: For the exact terms & conditions of depreciation rate applicability, kindly refer to the policy papers.

Personal Accident (PA) Cover for Bike Owners

Zuno bike insurance allows you to protect the owner-driver of the two-wheeler financially with PA cover. Personal Accident (PA) offers coverage up to ₹15 lakh in case of accidental death or permanent total disability.

Here is a table showing the payout amount percentage depending on the extent of the injury:

This cover is subjected to the following conditions:

• The owner-driver needs to be the registered owner of the vehicle insured herein.
• The owner-driver is the policyholder as named in this insurance document.
• The owner-driver needs to have a valid driving license, under the purview of the Central Motor Vehicles Rules, 1989.
• The insurer offers personal accident cover up to ₹ 15 lakh.

Things to Keep in Mind When Buying a PA Cover

Here are two key pointers that one should be aware of when buying a Personal Accident (PA) cover:

• The compensation is limited up to ₹ 15 lakh for any one of the four conditions defined during the policy period.
• There is no compensation for injuries or death due to pre-existing diseases, suicidal attempts, or self-harm. Also, no claims are entertained when the driver is under the influence of liquor, drugs, or any other intoxicated substances.

How to Buy/Renew Zuno Bike Insurance Online?

Below is a process for buying or renewing Zuno bike insurance online from Policybazaar.com:

• Step 1: On the homepage, click the 'Insurance Products' menu and choose 'Bike Insurance'.
• Step 2: Next, type in your bike's registration number and hit the 'View prices' button in the required form. If the registration number is not available, click on the 'Bought a New Bike ' button.
• Step 3: Select the correct details of your bike and click on the 'View Plans' button.
• Step 4: Check the recommended plans by Zuno bike insurance and choose between third-party and comprehensive cover.
• Step 5: You may also buy bike insurance add-ons to your policy.
• Step 6: Pay the premium amount online using the preferred mode of payment and receive the policy document at your email ID.

How to File Zuno Bike Insurance Claim?

For different situations, the Zuno bike insurance claim can be raised in the following manner:

1. For Theft Claim

   Here is how you can do it in case of theft:

   • Step 1: Go to the nearby police station and file an FIR related to the theft.
   • Step 2: Receive the FIR and send it to your insurer.
   • Step 3: Looking at it, the insurer will send a surveyor to inspect the case.
   • Step 4: Next, notify the RTO where the vehicle was registered about the theft case.
   • Step 5: The insurance company will ask you to share the mandatory supporting the claim.
   • Step 6: For the claim settlement, obtain an 'untraceable report' from the police in the case when the stolen bike remains untraceable for a month.

2. For Accident Claim

   Here is how you can do it for accidental damages:

   • Step 1: Connect with your insurance provider to share the details about your accident and
   • Step 2: Fill out, sign, and submit the claim form available on the insurance provider's website.
   • Step 3: The insurer-appointed surveyor will analyse the loss or damage caused to the two-wheeler by visiting the accident site.
   • Step 4: Submit all the mandatory documents asked by the insurer.
   • Step 5: Once the insurer approves, get your bike repaired in a network garage; the insurance company will settle the repair bills directly in case of cashless settlement. However, in case of reimbursement settlement, send the bike to any local garage for repairs, pay the repair cost upfront, send the repair bills to the company and receive the amount in your bank account.

3. For Third-Party Claim

   Here is how you can do it for third-party claims:

   • Step 1: Inform the insurance provider about the incident.
   • Step 2: Get a court summons and send it to the insurance provider.
   • Step 3: Download the claim form, fill it out, sign it, and submit it to the insurer.
   • Step 4: Submit all the compulsory documents asked by the insurer.
   • Step 5: The Tribunal Court will decide after analysing the case.

Documents Required for Filing Zuno Bike Insurance Claims

For the three different situations, here is a set of documents required:

1. For Theft Claims

   In case of theft, you must submit the below-mentioned documents:

   • Registration Certificate and all original keys
   • Duly filled and signed claim form
   • Active bike insurance policy
   • FIR related to the theft
   • Driving Licence (DL)
   • 'No-Trace Report' from the police for the stolen bike, which cannot be found.

2. For Accident Claims

   In case of accidental claim, you must submit the below-mentioned documents:

   • Filled and signed claim form
   • In case of cashless repairs, provide a repair invoice
   • In case of reimbursement repairs, provide payment receipt, estimated bills, and all the bills asked by the insurer
   • Driving Licence of the person driving the vehicle during an accident
   • Motor Collision Report (MCR) or FIR
   • Original Vehicle Registration Certificate
   • Active two-wheeler insurance policy

3. For Third-Party Claims

   In case of third-party claims, you must submit the below-mentioned documents:

   • Filled and signed claim form
   • Police FIR
   • Company stamp (if the bike is registered under a company name)
   • Active two-wheeler insurance policy
   • RC (Registration Certificate) of the bike
   • Driving Licence (DL)