ICICI Lombard Own Damage Bike Insurance

ICICI Lombard Own-Damage Bike Insurance Policy & Key Features

Here is the table highlighting the key features of the ICICI Lombard own-damage bike policy:

*Disclaimer: The above table is for reference purposes only. To know the exact coverage, refer to the ICICI Lombard standalone own-damage two-wheeler insurance policy wordings.

Why Choose ICICI Lombard Own-Damage Bike Insurance?

ICICI Lombard's own-damage bike insurance provides comprehensive coverage for your beloved two-wheeler, offering financial protection against a wide array of risks such as theft, accidents, natural calamities, and more. However, it is a type of bike insurance, which can be purchased as a mandatory third-party bike insurance.

Here are a few reasons to buy ICICI Lombard own-damage bike insurance:

• Trusted Brand: ICICI Lombard General Insurance Company Limited is India's leading general insurance company, offering reliability and customer satisfaction.
• Comprehensive Coverage: Beyond mandatory ICICI Lombard third-party bike insurance coverage, own-damage bike insurance safeguards your own vehicle against multiple risks, such as accidents, providing peace of mind.
• Customizable Options: The ICICI Lombard own-damage bike insurance policy offers various add-ons to enhance coverage according to your specific needs and preferences.

Inclusions of ICICI Lombard Own-Damage Bike Insurance

Below are the inclusions of ICICI Lombard's own-damage bike insurance policy:

• Coverage for own bike damage due to accidents, natural calamities, and man-made disasters.
• Coverage for own bike damage caused by fire, explosion, or self-ignition.
• Coverage for the loss caused due to theft or burglary.

Exclusions of ICICI Lombard Own-Damage Bike Insurance

Below are the exclusions of ICICI Lombard's own-damage bike insurance policy:

• Damage or loss due to normal wear and tear.
• Loss or damage arising from illegal or deliberate acts.
• Loss or damage due to contractual liability.
• Loss or damage caused to third parties in a road accident.
• Any damage or loss not explicitly covered under the policy terms.

How to Buy ICICI Lombard Own-Damage Bike Insurance Online?

To buy ICICI Lombard own-damage bike insurance online, follow the below steps:

• Step 1: Visit Policybazaar.com and select 'Insurance Products' from the top navigation menu.
• Step 2: Choose 'Own-Damage Bike Insurance' from the drop-down menu.
• Step 3: Enter your bike details and click 'View Prices'.
• Step 4: Select ICICI Lombard Own-Damage Bike Insurance
• Step 5: Fill in all the necessary details.
• Step 6: Pay the premium amount online to receive your ICICI own-damage bike insurance policy at your registered email ID.

How to Raise ICICI Lombard Own-Damage Bike Insurance Claims?

Here are the steps to be followed to raise ICICI Lombard own-damage bike insurance claims:

• Step 1: Inform the insurer at the earliest about the incident.
• Step 2: You can download the claim form, fill in, sign it, and submit it along with the relevant documents.
• Step 3: Upon receiving the claim request, the insurer will send a surveyor to assess the damages.
• Step 4: The surveyor will examine the damages, compile an assessment report, and send it to the insurer.
• Step 5: Depending upon the assessment report, the insurer will accept or reject the claim request.
• Step 6: Once the insurer approves the claim request, send the damaged vehicle to the cashless network garage for repair, and the insurer will settle the bills directly. If you choose to send it to any nearby garage for repairs, pay the bills on your own and later, the insurer will reimburse the claim amount to your bank account.

Documents Required for ICICI Lombard Own-Damage Bike Insurance Claim

To raise ICICI Lombard own-damage bike insurance claims, you must have the following documents:

• FIR copy (if applicable)
• Driver's License (DL) of the insured rider
• Registration Certificate (RC) of the bike
• Valid own-damage bike insurance policy
• Duly filled and signed claim form
• Additional documents as requested by the insurer (e.g., repair bills, police reports)

FAQs About ICICI Lombard Own-Damage Bike Insurance Policy