Reliance Comprehensive Bike Insurance Policy

Reliance Third Party Bike Insurance vs. Comprehensive Bike Insurance

The difference between comprehensive and third-party two-wheeler insurance is given below:

What is covered under the Reliance General Comprehensive Bike Insurance Plan?

Comprehensive Bike Insurance Policy by Reliance General Insurance Company covers the following expense during the policy term:

• Third-Party Liability Cover: It fulfils the statutory legal requirement. The policy financially protects the insured two-wheeler from third-party bodily injuries, death cover, permanent disability, and property damage cover up to Rs 1 lakh,
• Own Damage Cover:
• Protection against theft and burglary apart from several malicious human acts like riots, arson, vandalism, strikes, terrorism, etc., to name a few.
• Protection against a vast range of natural calamities like earthquakes, floods, and cyclones, among others.
• Personal Accident: The owner-driver is covered for Rs 15 Lakh in case of accidental death and permanent disabilities due to a road mishap

Reliance General Comprehensive Bike Insurance Benefits

The Reliance General Comprehensive Bike Insurance Policy comes with several benefits for its extensive coverage. Some of the significant benefits are:

• Provides the requisite legal and financial backup for any damage or loss caused to the vehicle and a third-party
• By choosing from an array of add-on options, the policyholder can further enhance the policy coverage
• The policyholder is rewarded with a No-Claim Bonus for every claim-free year for redemption at renewal. It ranges from 5% to 50%
• The policyholder is assured of a seamless claim experience through a responsive and robust claim settlement mechanism
• Easy video claims facility is available for the policyholders

What Is Not Covered Under Reliance General Comprehensive Bike Insurance?

Some of the common exclusions under the policy are given below:

• Wear and Tear: Every two-wheeler suffers regular wear and tear with usage. The policy does not cover for such depreciation of parts unless covered by the Zero Depreciation add-on.
• Illegal Acts: The policy does not cover any claims for damage or loss to the insured two-wheeler caused due to any illegal activity. It may even be riding without a valid driving license.
• Drink and Drive: Riding under the influence of intoxicants like alcohol and drugs excludes policy coverage.
• Other Exclusions: The policy does not cover mechanical and electrical failure. The exclusions also extend to driving beyond India’s geographical boundaries.