Bajaj Own Damage Bike Insurance

Bajaj Own-Damage Bike Insurance Policy & Key Features

The table below gives a brief about Bajaj own-damage (OD) bike insurance policy:

*Disclaimer: The above information is for reference purposes only. For exact coverage details, refer to the policy wording available on the insurer's official website.

Why Choose Bajaj Own-Damage Bike Insurance?

Bajaj own-damage bike insurance provides extensive financial coverage to your prized possession. Usually, this policy is purchased along with third-party bike insurance to enhance the coverage of your bike insurance.

Here are the reasons to choose Bajaj General Insurance Company Limited (formerly known as Bajaj Allianz General Insurance Co. Ltd) as your insurance provider:

• Brand Value: The company has reputed name in the insurance industry, known for its accessibility and faster claim settlement process.
• Wider Coverage: Unlike a comprehensive bike insurance policy, a standalone OD cover can be bought with the mandatory third-party bike insurance policy, offering extensive coverage and security during any journey.
• Tailoring Options: Bajaj 's own-damage bike insurance policy offers a range of bike insurance add-ons to enhance coverage.

Inclusions of Bajaj Own-Damage Bike Insurance

The inclusions of Bajaj 's own-damage bike insurance policy are as follows:

• Loss or damage caused to the insured bike due to accidents, natural calamities, and man-made perils.
• Loss or damage caused by theft or burglary.
• Loss or damage sustained in the insured two-wheeler due to fire, self-ignition, or explosion.

Exclusions of Bajaj Own-Damage Bike Insurance

The exclusions of Bajaj 's own-damage bike insurance policy include:

• Loss or damage arising due to regular wearing & tearing.
• Loss or damage sustained in the insured two-wheeler due to illegal, deliberate, or negligent activities.
• Loss or damage arising out of contractual liabilities.
• Third-party liabilities arising in a road accident.
• Loss or damages that are not explicitly covered under the policy T&Cs.

How to Buy Bajaj Own-Damage Bike Insurance Online?

Follow the below procedure to purchase Bajaj bike insurance online from Policybazaar Insurance Brokers Private Limited:

• Step 1: Visit Policybazaar.com and select 'Insurance Products' from the top navigation menu.
• Step 2: Choose Own Damage Bike Insurance and enter details of your two-wheeler. Then click 'View Prices'.
• Step 3: Select Bajaj Own-Damage Bike Insurance for your selected bike model and fill in all the details.
• Step 4: Pay the own-damage bike insurance premium online and receive the policy at your registered email ID.

How to Raise Bajaj Own-Damage Bike Insurance Claims?

To raise a Bajaj own-damage bike insurance claim, follow the below procedure:

• Step 1: Inform the insurance company about the incident by calling them or writing an email.
• Step 2: Download, fill out, sign the claim form and submit it along with the necessary documents.
• Step 3: The surveyor will be appointed to examine the damages sustained in the two-wheeler, compile an assessment report accordingly, and then share it with the insurer.
• Step 4: The insurance company will approve the claim request based on the assessment report.
• Step 5: In case of cashless claims, send your damaged two-wheeler to the authorized network garage. The insurer will settle the claim bill amount directly with the garage. In case of reimbursement claims, send it to any garage for repair, pay the bill amount, and the insurer will reimburse the claim amount to your registered bank account.

Documents Required for Bajaj Own-Damage Bike Insurance Claim

The following documents are required to raise Bajaj 's own-damage bike insurance claims online:

• FIR (if applicable)
• Duly filled & signed claim form
• Driving License of the person riding the two-wheeler at the time of the accident
• Registration Certificate of the insured vehicle
• Valid and active own-damage bike insurance policy
• Additional documents (may asked by the insurer)

FAQs About Bajaj 's Own-Damage Bike Insurance Policy