Universal Sompo Comprehensive Bike Insurance

Why Should You Buy Universal Sompo Comprehensive Bike Insurance?

Universal Sompo Comprehensive Bike Insurance policy covers the insured two-wheeler against own damages and third-party accidental liabilities. When a mishap or an unfortunate accident occurs involving the insured bike, the comprehensive two-wheeler insurance policy will cover maximum expenses so that the burden on the policyholder is reduced. This is contrary to third-party two-wheeler insurance that covers third-party liabilities only, thus, limiting the coverage during claim settlement.

Universal Sompo Comprehensive Bike Insurance Vs Third Party Bike Insurance

Take a look at the differences between Universal Sompo comprehensive and third party bike insurance:

What is Covered Under The Universal Sompo Comprehensive Bike Insurance Plan?

The Universal Sompo Comprehensive Bike Insurance provides the following coverage:

Third Party Liabilities - Universal Sompo Comprehensive bike insurance covers the legal liabilities of the policyholder against property damages, bodily injuries, disability, or the unfortunate demise of a third party as a result of an accident caused by the insured bike.

Own Damages - Comprehensive bike insurance also provides coverage for any damages sustained by the insured two-wheeler. The repair and maintenance of the bike will be covered in case of unforeseen events like natural calamities, fire, theft, manmade calamity or an accident.

Personal Accident Cover– It provides compensation in case of bodily injuries or the death of the bike’s owner resulting from an accident.

What is Not Covered under the Universal Sompo Comprehensive Bike Insurance Plan?

Universal Sompo comprehensive bike insurance plan does not provide coverage in the following cases:

• Normal Wear & Tear- Minor repair expenses due to normal wear and tear of the bike is not covered.
• Illegal Driving- Accidents caused while driving without a valid driver’s license is excluded.
• Electrical Breakdown– Expenses incurred due to the electrical breakdown of the two-wheeler is not covered.
• Rider’s Negligence- Accident due to negligence or carelessness of the rider is excluded
• Drunk Driving- Driving under the influence of intoxicating drugs or alcohol are not covered
• Illegal Use- Accidents caused while using the bike for illegal or unlawful activity is excluded
• Geographical Limit- If the mishap or accident occurs outside the geographical limit, it is not covered.

Benefits of Universal Sompo Comprehensive Bike Insurance

Some of the major benefits of buying the Universal Sompo Comprehensive Bike Insurance plan are:

• Provides comprehensive coverage by covering own damages and third party liabilities
• Fulfils the mandatory requirement for third party insurance cover
• Can be easily purchased offline and digitally
• Cashless payment available at authorized garages of Universal Sompo General Insurance Company Ltd
• Multiple add-on coversavailable to ensure enhanced coverage
• Fast and simple claim settlement of claims