ZUNO Third-Party Bike Insurance Policy
Zuno (formerly Edelweiss) General Insurance Company is one of the leading insurance providers in India that offer third-party bike insurance coverage for all two-wheeler owners. The policy covers the cost of damage to the property, injury, or even death of a third party in a road accident. Under the Indian Motor Tariff, if a bike rider is caught without third-party vehicle insurance, the person is liable to a fine of INR 2,000 and/or imprisonment for up to 3 months.Read more
ZUNO Third-Party Bike Insurance
Third-party bike insurance is a basic & mandatory policy that you need to ride your two-wheeler legally on the roads. It provides financial compensation & legal protection in case of an accident or a mishap. In that case, the insurance company is liable to pay for the loss or damage incurred.
ZUNO Third-Party Bike Insurance versus ZUNO Comprehensive Insurance
You can refer to the below comparative table to understand the difference between the Zuno third-party bike insurance and comprehensive bike insurance-
|Comprehensive Bike Insurance|
|Coverage||Covers third-party legal and financial liabilities||Covers both third-party and comprehensive damages|
|Add-ons||Does not include any add-ons||Various add-ons are available for the insurance|
|Nature of Requirement||Compulsory to be carried everywhere||Optional insurance for the two-wheeler owners|
|Cost of the Insurance||Relatively affordable due to limited coverage of the insurance||Relatively expensive due to extensive coverage of the insurance|
Inclusions of ZUNO Third-Party Bike Insurance
ZUNO's third-party bike insurance policy covers damages incurred by the third party, whether to the property or life. It also covers any sort of injury to the third party. The policy also covers the riders and the insured against legal troubles while riding bikes or scooters. Check out the coverage benefits under ZUNO third-party bike insurance-
Third-Party Injury or Death
If the insured gets involved in a collision that causes injury or death to a third party, the hospitalization expenses and the various other medical costs will be borne by the insurance company. The compensation is to be provided to the third party or its nominee, as decided by the court of law. The insurance company will cover the permanent or partial injury caused to the third party or even the death of the third party.
Third-Party Property Damage
If an insured involves in a mishap and causes damage to the third party property damage. The third-party insurance offers to cover up to ₹ 7.5 lahks in case of third-party property damage.
Exclusions of ZUNO Third-Party Bike Insurance
Since third-party liability insurance is a basic & mandatory policy as per the Motor Vehicle Act, it has limited coverage benefits. Below are exclusions of third party bike insurance-
- No coverage for the loss/damage caused to your own vehicle in a road accident
- No coverage for the damages caused to your vehicle in case of natural calamities or man-made disasters
- No coverage for the theft or total loss to your own vehicle
Explore ZUNO Bike Insurance
The biggest limitation of the ZUNO third-party bike insurance is that there is no coverage for its own damages.
For the first time, a penalty of ₹2,000 and/or imprisonment for three months, and for the second time, a penalty of ₹4,000 and/or imprisonment for six months.
Yes, you can buy ZUNO third-party bike insurance policy online from Policybazaar.com. For details, you connect with our insurance experts at firstname.lastname@example.org and call 1800-708-8787.
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