Owning a bike is a common choice in India, providing both convenience and freedom on the road. Many bike owners opt for a reliable two-wheeler insurance plan to safeguard their bikes from potential damages and losses. TATA AIG bike insurance plans are specifically crafted to offer robust protection against a range of risks.
TATA AIG provides various bike insurance options, including third-party liability coverage, standalone damage policies and comprehensive insurance plans. The comprehensive policy stands out by offering extensive protection and the option to include valuable add-ons or riders to further enhance coverage.
Here, we will learn in detail about add-on offers under TATA AIG two-wheeler insurance online. But what exactly are add-ons or riders? Let’s find out.
What Are Add-ons or Riders in TATA AIG Two Wheeler Insurance Policy?
Add-ons or riders in a bike insurance plan provide additional benefits to policyholders in exchange for a slightly higher premium. These riders allow policyholders to tailor their coverage to meet their specific needs better, enhancing their overall protection.
One key advantage of these add-ons is that they often cover consequential damages, which are typically not included in standard bike insurance policies. This added layer of coverage can be crucial in protecting against unforeseen events.
TATA AIG bike insurance online plans feature a unique selection of add-ons that can be seamlessly integrated with comprehensive and standalone own-damage policies. By choosing the right add-ons, you can ensure your bike is comprehensively protected against a wide array of risks, giving you peace of mind as you ride.
Two Wheeler Insurance Add-On Covers Under TATA AIG
With TATA AIG bike insurance online, you can get unique add-ons. These add-ons enhance the vehicle coverage.
Depreciation Allowance
The depreciation allowance, commonly referred to as zero depreciation or nil depreciation, is a vital add-on offered by TATA AIG that helps policyholders combat the impact of depreciation on their vehicles.
This add-on ensures that in the event of a claim, the full cost of repairs or replacement parts is covered without deducting any depreciation.
Return to Invoice Cover
With the return to invoice cover add-on, policyholders receive either the invoice cost of their vehicle or its current market value, whichever is lower, in the event of total loss or damage.
This add-on is particularly beneficial as it ensures that you are compensated fairly, allowing you to recover the original cost of your bike without the financial loss typically associated with depreciation.
Emergency Medical Expenses
Emergency medical expenses is another vital add-on offered by the TATA AIG bike insurance plan, designed to provide financial support in case of accidents.
This add-on covers medical expenses incurred for treating bodily injuries sustained by the rider, ensuring that you receive the necessary care without the burden of high costs.
Additionally, it includes coverage for ambulance expenses, facilitating the timely transport of the injured person to the nearest hospital.
Additional Personal Accident Cover for Owner Driver
With this add-on, TATA AIG provides essential protection for drivers and their families in the event of serious injuries or fatalities resulting from an accident.
This coverage ensures that, in the unfortunate case of a fatal accident, TATA AIG will pay a predetermined amount to the affected family, offering crucial financial support during a challenging time.
Roadside Assistance
With TATA AIG roadside assistance for two-wheeler insurance, policyholders will receive immediate assistance in case of a flat tyre, dead battery, mechanical repairs and more.
Their representative will be sent to the location to offer assistance. Furthermore, TATA AIG offers spot repair services in certain scenarios.
Additional Third Party Property Damage Cover
This type of add-on offers additional third-party coverage to the policyholder. Third-party liabilities are generally included in third-party insurance or comprehensive insurance plans offered by TATA AIG.
However, individuals who are looking for additional coverage for third-party or property damage can opt for this add-on.
Consumables Expenses
With this TATA AIG two-wheeler insurance add-on, you gain coverage for the loss and damage of consumables resulting from an accident.
This includes essential items such as screws, brake oil, gearbox oil, lubricants and other necessary components that are often overlooked in standard policies.
Conclusion
Securing your vehicle with the right two-wheeler insurance plan is essential for comprehensive protection against various damages. However, standard policies may not always cover specific unique requirements. This is where add-ons or riders come into play, allowing you to customise your coverage to better suit your needs.
The two-wheeler insurance add-ons offered by TATA AIG provide enhanced protection, ensuring that you are covered for additional risks and scenarios that may arise.
By incorporating these add-ons into your policy, you can enjoy greater peace of mind, knowing that your two-wheeler is well-protected against a wide range of potential challenges.
Comments are closed.