SBI Comprehensive Bike Insurance

SBI General Comprehensive Insurance vs Third-Party Insurance

Inclusions of SBI Comprehensive Bike Insurance Policy

SBI comprehensive bike insurance provides extensive coverage of different kinds. Following are the things that are covered under this two wheeler insurance:

• Own damage cover– SBI bike insurance policy covers damages and losses incurred by the insured's bike due to theft, accident, natural disaster, etc.
• Personal accident cover–The comprehensive bike insurance provides compensation for the loss or damage caused to any bike parts that may have occurred in an accident.
• Third-party liability–Any loss or damage to the third party's vehicle, person, or property due to the occurrence of an accident caused by the insured bike is also covered.
• Fire damage–Coverage is provided if the insured bike incurrs any damage by fire or an explosion.

Exclusions of SBI Comprehensive Bike Insurance Policy

SBI comprehensive bike insurance does not cover the following expenses:

• Regular wear and tear of the bike and its parts
• If the driver was found to be under the influence of drugs and alcohol
• Mechanical breakdown of the bike
• When the driver was driving without a license

SBI Comprehensive Bike Insurance Benefits

An individual who wishes to opt for the SBI comprehensive bike insurance is sure to enjoy the benefits that come with it. Some benefits that you may experience after availing the comprehensive bike insurance are listed below:

• Add-on covers – You can opt for a variety of add-on covers in a comprehensive bike insurance. Some examples of add-on covers that you can include in your bike insurance are zero depreciation cover, roadside assistance cover, etc. Therefore, you can customize the plan with add-ons of your choice.
• Personal accident cover –In case of an accident, the policyholder may get a personal accident cover which mounts up to Rs 15 lakh under the comprehensive bike insurance in case of injuries or death.
• Pillion rider cover –Pillion rider cover is also among the many benefits that a two-wheeler owner can avail of by purchasing comprehensive bike insurance to ensure the safety of others who ride with you. Financial assistance will be provided to the pillion rider by covering up the medical expenses due to the accident.
• Coverage to third party liability –This insurance also covers the damages or losses incurred by the third party due to the insured bike. Compensation will be provided to cover up the damages incurred.