Starting at only ₹1.5 per Day*

Starting at only ₹1.5 per Day*
The Kotak Mahindra third-party two-wheeler insurance is meant for all the bike owners out there. It only covers third party damages in the quickest way possible. Add to it the low premiums of this policy and the easy renewal methods. And maybe one can also add the trust the brand name invokes and the service the company provides.
Here's an example to elucidate how the Kotak Mahindra third party bike insurance works. Say the insured bike gets into an accident whereby a third party incurs a damage (the third-party can either be a person or property). The third-party will file a claim with Kotak Mahindra two wheeler insurance, and in no time, the claim will be settled by compensating for the accidental damages to third-party.
The difference between the two is as follows-
Third-party Insurance | Comprehensive Insurance |
The Kotak Mahindra third-party bike insurance only covers damages and injuries made to a third-party by the insured bike. Damages to the insured bike itself are not covered under this insurance. | Comprehensive insurance covers the damages incurred to the insured bike for several reasons, like artificial or natural calamities. Plus, it also covers third-party liabilities. |
Bike owners in India must have third-party two-wheeler insurance. | It is not compulsory for bike owners to have comprehensive insurance. |
The premium cost is comparatively low. | The premiums are high. |
You cannot enhance coverage by adding additional add-ons. | You can buy add-ons to ensure enhanced protection. |
The Kotak Mahindra third party bike insurance can be easily bought online and offline.
For Online Purchase – To purchase the Kotak Mahindra third party two-wheeler insurance online, one needs to visit the company's website and click on the 'Get Quote' option. After viewing the premium amount, one can click proceed, fill out the details, and make the payments online. Once the premium is paid, the company sends a mail to the insurer. The soft copy of the policy can be downloaded anytime from the website.
For Offline Purchase – To purchase the policy offline, one needs to either visit the company's office or visit an authorized broker to get the quote.
The major aspects that are covered under the Kotak Mahindra third-party bike insurance are as follows-
Following are the factors that are not covered under the Kotak Mahindra third-party two-wheeler insurance are –
The important benefits of purchasing Kotak Mahindra third-party two-wheeler insurance are as follows –
The Kotak Mahindra third party bike insurance is a great option for all bike riders. The advantages of having this policy are numerous, for example, easy renewals, prompt claim settlements and many more.
One needs to call the helpline to raise the claim settlement. Once the claim is raised, bills are submitted along with the policy details for reimbursements.
The policy needs to be renewed before the expiration date of the policy.
Yes, the policy can be cancelled in the middle of the policy term. One needs to contact the company for details on this subject.
No, the policy itself does not come with any add-ons.
The tenure of the third party bike insurance of a new bike is 5 years, according to the revised rules.
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