Starting at only ₹1.5 per Day*

Starting at only ₹1.5 per Day*
The third-party bike insurance policy’s scope is limited though it is compulsory according to the Motor Vehicles Act of 1988. But, on the other hand, you face many uncertainties while driving besides damage to the policyholder and the insured two-wheeler. So, consider the Universal Sompo standalone bike insurance to enlarge the coverage ambit from third-party liabilities to provide umbrella protection to your bike and self. In addition, the long-term bike insurance provides an own-damage component during the first year while continuing with the third-party coverage until the end of the policy term.
The standalone policy of Universal Sompo two-wheeler insurance covers perils and damages in accidents besides natural or artificial risks. In addition, you can choose a host of add-on insurance covers against a nominal additional cost. Therefore, the own-damage standalone policy provides comprehensive coverage along with your mandatory third-party bike insurance. You are thus protected from hazards regardless of their occurrence in mishaps. Moreover, you can tailor the insurance policy according to your specific requirements and budget without compromising protection.
A comparison between the different two-wheeler insurance policies lends greater clarity about them. Thus, you can make an informed choice to purchase a good bike insurance policy.
Basis | Third-party | Own-damage | Comprehensive |
Coverage | Limited to third- party financial and legal liabilities. | Umbrella protection for the man and bike in accidents and other disasters. | Own-damage safety, in addition to third-party liabilities |
Add-on Option | Not available | Available | Available |
Premium Cost | Cheapest | Costlier | Costliest |
Legal Status | Compulsory | Optional | Optional |
The crucial factor determining the choice of suitable bike insurance is policy inclusions. The Universal Sompo two-wheeler standalone insurance provides extensive coverage that further augments with add-ons per the indicative list.
Though the knowledge of inclusions is vital for making an informed choice, knowing about inclusions is critical for a seamless claim settlement experience. Therefore, you must browse the fine print thoroughly to learn about them. The indicative list below gives a partial insight.
The most significant advantage of the Universal Sompo two-wheeler standalone insurance is its extensive coverage regardless of the loss and damages resulting from accidents. So, let us check the benefits that await you on purchasing the Universal Sompo two-wheeler standalone insurance policy:
Universal Sompo General Insurance has been operating in India since 2007. It enjoys wide patronage among two-wheeler owners while servicing over 12 lakh policies. The Universal Sompo standalone bike insurance policy stands out for its extensive coverage and add-on offers for all-around protection. In addition, you can seek cashless claims in over 3500 network garages with a pan India presence. Finally, the claim experience signifies its claim settlement ratio, touching nearly 91% at the end of 2020.
Universal Sompo two-wheeler insurance standalone policyholders stand to gain through a reduced premium in the following.
There is no bar for purchasing insurance policies from same insurer.
The depreciation waiver add-on compensates the claim ignoring the depreciation factor to settle the maximum amount minus the compulsory deductibles.
The best time to renew the Universal Sompo standalone bike insurance policy is before the expiry date to continue with uninterrupted coverage and avoid legal hassles.
According to the policy document, a total loss means damages where repairs consume 75% of the IDV.
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