Bajaj Allianz Two Wheeler Insurance FAQs

The available add-ons are:

1. Zero Depreciation Cover
2. NCB Protect
3. Helmet Cover
4. 24X7 Assistance
5. Engine Protect 
6. Consumable Expenses

Personal Accident Cover for Pillion Rider

No Claim Bonus is a discount bonus that you receive when you do not make a claim during a policy year. The first claim-free year fetches you a 20% discount. The NCB can go up to 50%.

Yes. You can opt for a long-term insurance cover with the Bajaj Allianz Bundled two-wheeler policy that includes 5 years of third-party liability and 1 or more years of own-damage cover.

Yes, you can. You would have to visit a Bajaj Allianz branch office and purchase the bike insurance from there. You can locate a branch nearby through the website.

Locating a network is easy. You can go to the website or just click https://www.bajajallianz.com/locatorbranch.html. 

The renewal process for two-wheelers at Bajaj Allianz is user-friendly, requiring only the existing policy and the registration certificate.

You get the policy document hard copy after 7 to 10 days needed for its processing. Alternatively, you can download the insurance policy document from the Bajaj Allianz portal anytime during the policy term.

The adverse effects of the expiry of the two-wheeler insurance policy are:

• You lose the NCB continuity
• You face third-party liability risks
• The cost of repairs of the two-wheeler goes up without insurance coverage.

You get a grace period of 30 days from the expiry date for Bajaj Allianz’s two-wheeler insurance renewal. 

It is convenient to renew the comprehensive two-wheeler insurance policy with the same insurer, but you can also choose different insurers. 

You must file an FIR and obtain a No Trace certificate from the Police and an intimation to the relevant RTO. Submit the keys and other documents to register and initiate a claim as per the policy terms. 

Deductibles are of predetermined value that you must compulsorily pay as your share of the repair cost.

You can register the claim with a policy number or duplicate policy document downloaded from the insurer’s official website. 
 

It is always advisable to inform the insurer about the modifications made to your bike to prevent any hassle during the claim settlement process. 

Insurers usually route the reimbursement of claim settlement through the banking channels only with direct credit to the policyholder’s account. 

A copy of the two-wheeler policy is compulsory with every claim. If misplaced, it is best to download the Bajaj Allianz bike insurance policy from the customer portal to comply. 

You can seek the Bajaj Allianz two-wheeler policy download policy at the customer portal, primarily using the policy number and other minor details. 

Bajaj Allianz’s two-wheeler insurance enjoys overwhelming preference over others for its huge network garages spread across India, providing cashless claim processing and settlement. 

As per the amendments in the MV Act of 1989, producing hard copies of mandatory vehicle documents is no longer necessary for legal compliance. Instead, the digital formats of the documents on the phone or mParivahan app are considered equal and sufficient for inspection. 

Yes, Bajaj Allianz offers several add-on covers with comprehensive two-wheeler insurance policy to augment the risk coverage. 

Bajaj Allianz categorically mentions that add-on covers like depreciation shield, engine protector, etc., will expire if such a transfer occurs.

Yes, you will be transported home or to a nearby hotel if your broken-down bike can’t be repaired.

You will need to purchase the 'personal accident cover for pillion rider add-on'. This will entitle the pillion rider to claim reimbursement of the expenses incurred by him/her for the treatment of injuries sustained during an accident while travelling with you. If the pillion rider is critically impaired, Bajaj Allianz will adequately reimburse the concerned individual.

Yes. You will need to pay for the repairs and submit a reimbursement request to Bajaj Allianz. The insurer will check your reimbursement claim application and documents carefully before approving the same.

Yes, provided you have the NCB protect add-on that retains the discount on the premium even if you file a claim request.

Your coverage is limited to the Insured Declared Value, which is the cost of the new two-wheeler and proportionately reduces with age. The premium amount is also quoted based on the IDV, especially renewal. 

You can purchase policies for terms from 1 year to 3 years, enjoying a fixed premium without escalation. 

A no claim bonus applies only on renewal when the quoted premium reduces proportionately for every claim-free year, subject to a maximum of 50%. 

You can opt for loss of accessories, engine protection, zero depreciation, return-to invoice, NCB protection cover, etc

Yes, according to the IRDAI guidelines, the third-party property damages are limited to a maximum of INR 7.5lakh. However, there is no specific compensation limit for bodily injury or death of third-party.

Bajaj Allianz third-party bike insurance provides policies for 5-year terms as per the Supreme Court instructions from September 2018 for all new two-wheelers.

There is no provision for no claim bonus in the Bajaj Allianz third-party bike insurance since it provides only basic insurance cover. 

You must renew your third-party policy before the expiry date of the existing insurance policy to avoid penalties while driving on the road. 

Online purchase of Bajaj Allianz third-party two-wheeler insurance comes with several advantages, including the option to compare similar policies and a lower premium than offered in the offline mode. 

The maximum age is 5-years for availing of the add-on as a component of the comprehensive two-wheeler insurance.

You can choose this add-on only if you choose the comprehensive or standalone bike insurance policy of Bajaj Allianz.

In addition to the zero-dep add-on, you can also choose the following:

• Return to Invoice
• Consumables Cover
• 24/7 Road Assistance
• Engine Protection

No, compulsory insurance is the third-party cover according to the IRDAI regulations.

Third-party bike insurance does not offer add-on covers as they do not include an own-damage clause. 

No, buying this policy is completelt optional. But you must own a third-party insurance while availing a standalone two-wheeler insurance.

The compensation for the coverage under the Bajaj Allianz two-wheeler insurance standalone policy is the IDV (Insured Declared Value) at the time of purchase. 

The IRDAI has made it mandatory to own a PA cover along with your policy. Thus, one has to buy it separately as generally it is not included in the policy. 

You can be penalized for driving on the road plus you will loose all your accumulated policy benefits.

The comprehensive bike insurance policy comprises own-damage and third-party. So yes, own-damage is included in comprehensive bike insurance.