If the two-wheeler is a pride and pleasure for us, ensuring its safety must be your top priority. As a result, we must get a two-wheeler insurance policy that provides multi-layered protection. Only a comprehensive bike insurance plan can give us that multi-layered protection against our two-wheeler. It is offered by numerous insurers such as SBI General Insurance. SBI comprehensive bike insurance plan is comprehensive in the truest sense by offering you 360-degree protection against unforeseen events.
SBI Bike Insurance
SBI has been the household name for banking and insurance services. SBI made a joint venture with the Insurance Australia Group (IAG) in 2009 and became a general Insurance company. SBI offers various insurance plans that you can compare and choose the one for your two-wheeler.
SBI comprehensive bike insurance plan covers third-party losses caused by your vehicle, accidental damages, theft, natural and man-made disasters, etc.
SBI Comprehensive Bike Insurance Plan
SBI comprehensive bike insurance plan covers the following events.
Damage Due to Natural Disasters
In the event of damage to the insured bike due to natural disasters such as earthquakes, floods, landslides, etc, you will be insured under the comprehensive policy.
Read more - Two-wheeler Insurance Tips for a Bike Owner Residing in a Flood-Prone City
Damage Due to Man-made Disasters
In the event of artificial disasters such as fire, riots, strikes, terrorist activities, etc., causing damage to the insured person's bike, you will get protected under the SBI comprehensive insurance policy.
Third-party Liabilities
In the event of damage or accident caused by the insured party to the third party, the bike insurance company will provide financial help to the latter on your behalf. The insurance company will provide financial help for the third party's bodily injuries, permanent disability, death, and property damage.
For example, you hit another person's bike on the road and have caused damage to another person's bike. Since you have SBI comprehensive bike insurance, you can indirectly provide financial help for the third-party bike damages. Here, the insurance company will compensate the third party on your behalf.
What is not Covered Under SBI Insurance Plan?
SBI comprehensive insurance plan doesn't provide financial help in the following cases:
- Damage due to wear and tear.
- Damage because of military invasion.
- Driving a bike without a valid license.
- Damage caused under the influence of drugs and intoxicated.
Benefits of SBI Comprehensive Insurance Plan
Includes Add-on Covers
With SBI comprehensive insurance plans, we can choose various add-ons for bike insurance - like zero depreciation, roadside help, return to invoice, etc. Hence, the flexibility gives us many options to go with and customize our plans accordingly.
Cover for Pillion Riders
This insurance ensures our safety and the other person riding with us. SBI's comprehensive insurance policy also covers pillion riders by paying their medical bills resulting from any mishap on the road, besides the bike driver.
Read more - 5 Key Safety Tips That Every Motorcycle Pillion Rider Must be Aware of
Personal Accident Cover
Personal accident cover is one among other benefits. The insurance holder is eligible to claim the insurance amount of up to INR 15 lakhs in case of death and injuries.
Third-party coverage
The comprehensive policy of SBI bike insurance plan is a complete package where it ensures our damage and damage and bodily injuries to the third-party vehicle.
Other Benefits:
- It provides our bike with the highest level of protection.
- In the event of death or disability, compensation is provided.
- Covers legal and financial stumbling blocks.
- It defends our vehicle against fires.
- Covers vehicle theft.
- Complete protection against natural disasters.
SBI Comprehensive Insurance Plan Online
We can now have a comprehensive insurance plan online without hassle and complications. SBI is also an insurance partner that allows us to calculate the premium amount before purchasing on the site.
Why Choose an SBI Comprehensive Plan?
Every person who wants to get bike insurance wants it to be a simple process with a few steps, and SBI insurance plans provide us with exactly that. SBI has an experienced team that will handle the process from start to finish. It ensures a smooth SBI Bike insurance claim settlement process for you.
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