ICICI Bank ICICI Bank

BEST FOR

Daily Commuters Seeking Safety

  • Riders in accident-prone zones

  • New vehicle owners

  • Long-distance bikers

  • People with expensive bikes

  • Cautious planners who prefer peace of mind

About Two-wheeler insurance

What Does Two-Wheeler Insurance Cover?
  • Natural Disasters: Covers damage from natural disasters like floods, storms & earthquakes
  • Man-Made Disasters: Coverage against theft, riots, terrorism and accidents
  • Personal Accident Cover: Offers personal accident coverage up to ₹15 lakh for owner / driver and optional cover for co-passengers
  • Third-Party Liability: Protects against legal liabilities for injuries, fatalities or property damage.
  • For detailed information, please refer to the Policy Wordings.

**No Claim Bonus (NCB) can only be availed if you renew your policy within 90 days post-expiration. This benefit reduces your premium and applies solely to the 'Own Damage' portion of the policy. In case you switch from another insurer, you may carry over your NCB by presenting legitimate evidence like a renewal notice or confirmation letter stating your NCB eligibility. Furthermore, when choosing a policy duration of two years or longer, your NCB remains valid throughout that span, given zero claims occur during the term.

Important Policy Exclusions to Note
  • General Wear and Tear: The policy will not cover regular wear and tear or ageing of the vehicle
  • Depreciation: Any reduction in value resulting from depreciation or subsequent losses will not be included in the coverage
  • Mechanical or Electrical Malfunctions: Issues related to the breakdown of mechanical or electrical parts are not covered
  • Tyre and Tube Damage: Expenses associated with replacing tyres and tubes will only be partially reimbursed (up to 50%) when the vehicle also sustains simultaneous damage
  • Usage Beyond Limits: Using the vehicle outside the stipulated terms mentioned in the policy can lead to the invalidation of claims arising out of such usage
  • War and Nuclear Perils: Losses due to war, rebellion or exposure to nuclear materials are explicitly excluded from the scope of this insurance policy
  • Unlicensed Driving: Damages caused by unlicensed or underage drivers
  • Influence of Drugs or Alcohol: Damages caused by driving while under the influence of drugs or alcohol.
  • For full details, refer to the Policy Wordings.

Two-wheeler insurance FAQs

What does the policy cover?
Covers theft, accident damage, fire, natural calamities, and third-party liabilities. 

What is not covered? 

Normal wear and tear, mechanical breakdown, and driving under influence or without license. 

Can I renew an expired policy? 

Yes, without inspection for bikes below certain engine capacity (T&C apply). 

What documents are needed for claims? 

Claim form, RC, license, policy copy, and FIR (if applicable). 

Is there a discount for installing anti-theft devices? 

Yes, if approved by ARAI.

What is the accident cover for unnamed passengers?

Upon payment of an additional premium, you can extend coverage to co-passengers or pillion riders, ensuring they are financially protected against fatalities or incapacitation arising from accidents. 

What are the benefits of buying a Car Insurance online?

When you buy Motor Insurance online, you get an instant policy, as there is no documentation or paperwork involved. In addition, you have the advantage of choosing from multiple payment options e.g. Credit Card (Visa, Master Amex card), Net banking, Debit Card, etc. 

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Disclaimer

The advertisement only contains an indication of the cover offered. For more details on risk factors, terms, conditions and exclusions, please read the Terms & Conditions / policy wording carefully before concluding a sale. Insurance is underwritten by ICICI Lombard General Insurance Company Limited.

 

Two-Wheeler Vehicle Package Policy – IRDAN115RP0015V05201415 Motor 05, Roadside Assistance - IRDAN115RP0015V01200607/A0002V01201213.

 

ICICI Bank Limited (ICICI Bank) with its registered office at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, 390 007, Gujarat (CIN: L65190GJ1994PLC021012) Toll-Free No. 1800 1080 is only a Corporate Agent (Composite, IRDAI Regn No.: CA0112) of ICICI Lombard General Insurance Company Limited having its registered office at ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhivinayak Temple, Prabhadevi, Mumbai 400025. IRDAI Reg. No. 115. Toll-Free No. 1800 2666. Fax No. 022 61961323, CIN: L67200MH2000PLC129408.

 

Customer Support e-mail ID - customer.care@icicibank.com

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