Personal Accident Cover in Bike Insurance
A basic bike insurance policy covers damage caused to your vehicle during a road accident. But what about you? That’s where Personal Accident (PA) Cover in bike insurance comes in, giving an extra layer of protection for your well-being every time you ride. In this page, know all about a Personal Accident (PA) Cover that goes beyond safeguarding your bike to ensure your safety too.
Understanding PA Cover and How Does It Work?
Personal Accident Cover is an add-on in bike insurance that offers financial compensation in case of accidental injuries, disability, or death of the bike owner. It ensures that medical expenses and income loss due to accidents do not burden you or your loved ones. The PA cover in bike insurance is issued only if the bike owner has a valid driving license. In the unfortunate event of an accident, this cover helps pay for hospitalization, medical expenses, and even compensates for permanent or partial disability. It acts as a safety net against rising healthcare costs and income disruption.
Importance of Personal Accident Cover in Two Wheeler Insurance
Road accidents are the most unwanted and unpredictable events in India. The primary cause of these accidents is poor road infrastructure, such as potholes, eroded roads, diversions, incomplete projects, illegal speed breakers, etc. Unlike cars, two-wheelers offer minimal physical protection, making riders far more vulnerable to serious injuries in case of an accident. A personal accident cover in two wheeler insurance ensures that the owner-driver and their family are financially protected against such unforeseen events. In case of death or permanent disability resulting from a road accident, this cover provides compensation of up to ₹15 Lakh.
How to Claim Personal Accident Cover in Bike Insurance Online?
To claim the Personal Accident cover in your bike insurance online, follow the below procedure:
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Inform the insurance provider at the earliest about the incident without any delays.
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File an FIR at your local police station
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Download the claim form, fill it out, and submit it along with the supporting documents.
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Policybazaar.com will verify details and settle claims accordingly.
Coverage Under Personal Accident (PA) Cover in Bike Insurance
Covered Under Personal Accident (PA) Cover in Bike Insurance
Not Covered under Personal Accident (PA) Cover in Bike Insurance
Is Personal Accident Cover Mandatory for Bike?
Yes. As per the Motor Vehicle Act, 1988, all two-wheeler owners must have third-party bike insurance, and since January 2019, personal accident cover is mandatory for bike insurance, is also mandatory, regardless of whether you have third-party or comprehensive bike insurance.
Key Benefits of Personal Accident Cover in Bike Insurance Policy
If you are still wondering about the advantages of a Personal Accident cover, check the below pointers:
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Compensation to Nominee in Case of Death
The policyholder's nominee will receive 100% of the sum insured in case of an unfortunate death in a road accident. This claim payout gives crucial financial support to the family, helping them manage immediate expenses. -
Compensation for Permanent/Partial Disabilities
Suppose a policyholder suffers severe injuries in a road accident, further leading to permanent or temporary partial/total disabilities. In that case, a PA insurance for bike will compensate the sum insured as per the terms & conditions of the policy. -
Daily Cash Allowance for Hospitalisation
With the PA add-on cover in bike insurance, the policyholder will receive a daily cash allowance as hospitalization charges, up to 50 days maximum, if they get hospitalized due to severe injuries. -
24/7 Claim Assistance from Policybazaar
Policybazaar.com provides 24/7 claim assistance if you have any claim-related issues. The team is ready to assist you and help you utilize the benefits of personal accident coverage in your bike insurance policy.
How Can You Buy Personal Accident Cover in Bike Insurance Online?
As mentioned, Personal Accident coverage in bike insurance is mandatory for all bike owners; you can easily buy it online.
You can follow the below procedure to purchase a PA cover with your bike insurance online:
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Visit the official website of Policybazaar Insurance Brokers Private Limited and click on the 'Two-Wheeler Insurance' button available on the 'Insurance Products' drop-down button.
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Enter all the necessary details, including the two-wheeler registration number.
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Compare and choose the best bike insurance plan as per your needs & budget.
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Select the Compulsory Personal Accident (CPA cover in bike insurance) with your primary plan. However, this will slightly increase your overall premium but give you ample coverage at times of need.
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Enter all the details, including owner, vehicle, and nominee details.
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Pay the displayed premium amount through debit/credit card, UPI, or Internet Banking (at your convenience).
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The insurance provider will issue your bike insurance policy along with a PA cover and send it to your registered email ID.
FAQs for Personal Accident Cover in Bike Insurance
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Q.1 What is Personal Accident cover in bike insurance?
Ans:A PA cover in bike insurance compensates the two-wheeler owner or it’s dependent in case of accidental injury or death. -
Q.2 Is it mandatory to buy Personal Accident cover with a bike insurance policy?
Ans: Yes, according to the Motor Tariff 2002, purchasing a Personal Accident cover with your bike insurance policy is mandatory. -
Q.3 What documents are required for Personal Accident claims in a bike insurance policy?
Ans: You must fill & sign the claim form, along with the FIR, bike insurance policy documents, driver's license, RC of the bike, and other documents asked by the insurer. -
Q.4 Can I buy Personal Accident Cover separately if I already have bike insurance without it?
Ans: Yes, you can buy a Personal Accident Cover if your existing bike insurance policy doesn’t include it. Many insurers offer it as an independent policy or add-on. -
Q.5 Does the Personal Accident Cover apply if someone else is riding my bike?
Ans: No, the Personal Accident Cover is applicable only to the owner-driver of the insured bike, provided they hold a valid driving license. It does not extend to pillion riders or any other person using the bike. -
Q.6 Is the premium for Personal Accident Cover the same for all policyholders?
Ans: Yes, the premium for PA Cover is determined by the IRDAI (Insurance Regulatory and Development Authority of India) and is generally the same across insurers, regardless of the bike model or owner’s age. -
Q.7 Will I still get the PA benefits if I was not wearing a helmet during the accident?
Ans: This depends on the insurer’s policy terms. Some insurers may deny or reduce the claim amount if the rider was not wearing a helmet, as it's considered a violation of safety norms. Therefore, it is advised to always read the policy documents for such conditions. -
Q.8 What is PA cover in two wheeler insurance meaning?
Ans: It is the financial protection offered to the bike owner against injuries, disability, or death resulting from a road accident. -
Q.9 Is personal accident cover mandatory for two wheeler insurance?
Ans: Yes, all bike owners must have it, whether for opt for third-party or comprehensive bike insurance. -
Q.10 What is CPA cover in bike insurance?
Ans: CPA (Compulsory Personal Accident) cover is another name for the mandatory PA cover in two wheeler insurance policies.
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