Tata AIG Zero Depreciation Bike Insurance

Benefits of Tata AIG Zero Depreciation Bike Insurance Policy

There are various benefits of having a Tata AIG Zero Depreciation Bike Insurance Policy. This includes the following:

• You can cut down the expenses.
• The depreciation charges are not levied on the bike while calculating the insurance claim.
• It helps the policyholder to save money at the time of need.
• The full amount is paid by the Tata AIG General Insurance Company Ltd.
• The zero depreciation cover is available at an affordable price.
• It covers the total loss and damages
• There is less burden on the policyholder when he/she files a claim
• It offers maximum coverage on plastic parts and repairs
• It allows quick settlement of claims.

Claim Process of the Tata AIG Zero Depreciation Bike Insurance Policy

The bike insurance claim settlement is an important process because here the policyholder appeals for offering compensation for damages or expenses incurred on the insured vehicle due to an unfortunate incident.

The insurer offers two types of claim settlement for the Zero Depreciation Bike Insurance Policy. It includes:

1. Reimbursement Claim

   When you take your bike for repairs in a garage other than the ones authorized by the Tata AIG General Insurance Company Ltd., then you have to opt for the reimbursement claim process. Under such a process, you will have to pay for the repairs and damages at your choice of garage, after which you can raise a claim with the insurer for the reimbursement of  the expenses. Once the claim is verified by the company, the whole claim amount is reimbursed to you.

2. Cashless Claim

   When the repair services are done at an authorized garage, one can opt for cashless services where nothing has to be paid by the insured. The company can make the payment directly to the garage as per their policy norms. Moreover, you have taken the zero depreciation plans, so you don’t have to pay any depreciation deductible even out of your pocket.

Claim Documents Required

You have to submit the following documents to the insurance company for claiming your two wheeler insurance online:

• Your insurance policy
• Claim form which has to be signed and filled
• Your driving license
• RC of your bike
• FIR in case of injury to third party liability
• PUC certificate
• In case of reimbursement claim, original bills, and receipts of repairs
• PAN card copy etc.

How to Buy TATA AIG Zero Depreciation Bike Insurance?

For buying the zero dep cover from Tata AIG bike insurance online, you have to fulfill certain documentation like your vehicle details and your details. The best part is that all the policy-related documents are also sent to you in the email so that you can easily access them without going anywhere.

On the other hand, you can also make the e-payments easily. You can use digital banking that allows you to pay through digital wallets, payment apps, online payment, bank transfer, etc. Buy your insurance policy online and secure the online payment.

FAQ's