Platina 110 ES Drum Insurance

Disclaimer: Coverage details may differ from one insurer to another. Before purchasing a bike insurance plan, you should review the policy document to understand the inclusions and exclusions in your Platina 110 ES Drum insurance.

Platina 110 ES Drum Insurance Add-ons

Bike insurance add-ons protect your bike with extra benefits during claim settlements. They are optional but advisable, especially for new bikes.

• Personal Accident Cover: This cover provides financial protection against disability or death resulting from an accident. It covers medical expenses, hospitalisation, and loss of income support.
• Zero Depreciation Cover: This add-on eliminates depreciation costs during claim settlement, ensuring full reimbursement for replaced parts, including plastic, rubber, and fibre components.
• Return to Invoice Cover: Also known as price invoice cover, this add-on provides the full invoice value of your Platina 110 ES Drum bike in case of theft or total loss, including road tax and registration charges.
• Engine Protection Cover: This add-on covers repair or replacement costs for engine damage caused by water seepage, oil leaks, or other unforeseen issues. It is beneficial in flood-prone areas or those with inadequate drainage systems. It keeps your bike secured against unexpected expenses.

These add-ons ensure your bike is covered for unexpected expenses, providing complete peace of mind.

How to Buy or Renew Platina 110 ES Drum Insurance Online?

Buying or renewing insurance plans online is easier, faster, hassle-free, and fully transparent when you purchase or renew on Policybazaar.com.

• Step 1: Go to the homepage, where you will find the '2 Wheeler Insurance' tab.
• Step 2: Enter your vehicle's registration number on the next page. For example, enter your Platina 110 ES Drum registration number and click 'View Prices.' Select the 'Buying a New Bike' option if purchasing a new bike.
• Step 3: Enter personal information and vehicle details.
• Step 4: Choose between a third-party policy or a comprehensive insurance plan.
• Step 5: Add optional covers such as zero depreciation or roadside assistance to enhance protection.
• Step 6: Select the policy that best suits you.
• Step 7: Purchase the policy by paying via UPI, net banking, or debit/credit card and receive it instantly via email.

A quick and secure process ensures your bike stays protected at all times.

How to Claim Insurance for a Platina 110 ES Drum Online?

Knowing the claims process beforehand is better, so you can quickly follow the due process and receive compensation for an accident or theft. Depending on the situation, you can opt for cashless or reimbursement claims.

1. Cashless Claim Settlement

   A cashless claim allows direct repair at a network garage without upfront payments.

   • Step 1: The first thing to do is to inform the insurer immediately about the accident or damage. If there is any delay, the insurer may doubt your claims.
   • Step 2: The insurer may send a surveyor to assess the damage, rectify the claim, and submit a report.
   • Step 3: After your bike has been approved, take it to an authorised garage for repairs.
   • Step 4: The insurer will directly settle the bill with the garage.

2. Reimbursement Claim Settlement

   For non-network garage repairs where cashless claims are not available, the policyholder pays the costs and then makes a reimbursement claim.

   • Step 1: The first step is to notify your insurer about the incident as soon as possible.
   • Step 2: Like cashless claims, the insurance company follows a similar procedure in case of reimbursement claims. It sends a surveyor to inspect the bike's damage and submit a report.
   • Step 3: The surveyor usually takes 48 hours to prepare the final report.
   • Step 4: You must submit all necessary documents, including a filled claim form.
   • Step 5: Get your Platina 110 ES Drum repaired at any garage and pay the costs.
   • Step 6: The insurer will reimburse the approved amount to your bank account.

Documents Required for Platina 110 ES Drum Insurance

Having the necessary documents ensures a smooth insurance purchase or renewal process. Only when you provide these proofs can an insurer confirm the vehicle details and verify your ownership and compliance with legal requirements.

• Completed and signed claim form by the policyholder.
• Valid Driving Licence.
• Registration Certificate.
• Provide your Know Your Customer (KYC) documents if the damage exceeds ₹1 lakh.
• FIR reports if the claim involves fire, third-party injuries, property damage, or fatalities.
• Repair estimates.
• Repair invoices.
• Payment receipts.

Additional Documents Required for Platina 110 ES Drum Theft Claim

Insurers require additional paperwork to verify the incident and assess damages during the theft claim process. Providing these documents on time helps speed up the claim approval process.

• Police FIR.
• No Objection Certificate (NOC).
• Letter of Subrogation.
• Original Registration Certificate.
• Non-traceable Report.
• RTO letter declaring the insured Platina 110 ES Drum as 'No Use.'
• Keys and purchase invoice.
• Original Platina 110 ES Drum insurance policy documents.