About Bajaj Allianz Two Wheeler Insurance

When it comes to buying an insurance policy, Bajaj Allianz General Insurance has been the trusted choice of customers over the years. Bajaj Allianz General Insurance offers sought-after two-wheeler insurance plans that are designed to meet the changing needs of various customers. The company is the forerunner of the cashless claim settlement facility in the insurance sector, making insurance hassle-free and convenient for customers.

An economically great option, a two-wheeler, is being accepted on a larger scale in India. Reaching every home, two-wheelers are becoming a key aspect of life. However, with the growing use of this vehicle, security on roads is being compromised. It is becoming extremely important to secure your ride with an insurance cover, which protects your finances following an accident. Moreover, with third-party two-wheeler insurance being made mandatory by law, it becomes all the more important to stay covered.

Key Features of Bajaj Allianz Two Wheeler Insurance

With unique facilities that keep your two-wheeler financially protected at all times, the plan is a trusted choice.

  • Cashless Claim Facility

You can take advantage of hassle-free claim settlement at any of the network garages across India. The insurer will compensate for the repair cost incurred and settle the payment directly with the garage.

  • Instant Policy Renewal

You can opt for Bajaj Allianz 2 wheeler insurance renewal online, anytime and anywhere before the expiry date, in a convenient manner.

  • Coverage for Accidents

A comprehensive bike insurance plan comes with personal accident coverage of up to ₹1 lakh. Furthermore, optional add-on covers are offered to the pillion rider.

  • Long-Term Policy with One Click

Buy a long-term Bajaj Allianz Two-wheeler Insurance policy with a single click!

  • 24x7 Roadside Assistance

With exceptional customer service, Bajaj Allianz 2 wheeler insurance offers round-the-clock roadside support in case of an emergency breakdown, so you are not stranded on the road.

Benefits of Buying Bajaj Bike insurance

  • Instant Claim Settlement

With On the Spot Service, you can enjoy an instant claim settlement within 20 minutes!

  • Customer Support

You have 24x7 customer care assistance available over email or telephone. The insurer also offers an instant SMS facility and claim assistance services.

  • Premium Discounts

In case you do not make a claim during the policy term, you can avail the No Claim Bonus (NCB). Therefore, if you have not filed claims on your bike insurance, you can seek NCB discounts of up to 50% on the premium, during policy renewal.

Why Buy the Bajaj Allianz Bike Insurance Policy?

With Bajaj Allianz Bike Insurance, you need not worry about the sudden bike damages arising due to accidents.

Types of Bike Insurance Plans Offered by Bajaj Allianz

Bajaj Allianz General Insurance offers two types of bike insurance plans:

  • Third-Party Liability Cover

The Bajaj Allianz third-party bike insurance plan is the most basic bike insurance policy that covers any damages caused by your bike to the third party involved. As per the Motor Vehicle Act, 1988, it is mandatory to possess a bike insurance plan for riding on Indian roads. Failing to get third-party coverage could lead to a hefty penalty and the risk of facing imprisonment. Bajaj Allianz two-wheeler insurance for third-party secures you against any third-party damage or loss caused due to your bike, when in an accident.

  • Comprehensive Insurance Cover

Comprehensive bike insurance is an all-inclusive policy that not only provides financial coverage against third-party losses but also extends protection to damages caused to you and your bike. A comprehensive bike insurance policy covers third-party damages, own damage resulting from accidents, theft and loss incurred due to man-made or natural disasters.

Moreover, it also provides personal accident cover to the rider. Although such a plan is not mandated by law, it is advisable to go for a comprehensive bike insurance plan as it offers coverage against most perils on the road.

About Bajaj Allianz Long Term Two Wheeler Insurance Plan

With the availability of two-wheeler insurance online, purchase and renewal can be completed in just a matter of minutes. However, even a small gap in renewal can leave you and your bike vulnerable to innumerable risks, due to which timely Bajaj Allianz two-wheeler insurance renewal online is crucial. With long-term two-wheeler insurance, you need not worry about renewing your policy annually. 

Bajaj Allianz Long-term Two-wheeler Insurance Plan is available for a period of 3 years. Moreover, such long-term plans are cost-effective and offer low premiums as the three-year span reduces the cost of issuing policies and administering them. If you opt for a long-term bike insurance policy, you can secure up to 20% - 30% discount on the policy premium.

You can now opt for better insurance coverage with Bajaj Allianz Two Wheeler Long Term Plan. Following are some key features of the Bajaj Allianz bike insurance long term plan.

  • 24x7 Call Assistance

Do you have queries regarding the claim settlement process or maybe otherwise? If yes, then you can call us anytime and from anywhere. Our expert executives will be available at your service 24x7, 365 days a year, and even on holidays.

  • No Claim Bonus Transfer

This is one of the most beneficial features of Bajaj Allianz 2 wheeler insurance. You can avail NCB discounts of up to 50% on premiums during policy renewal.

  • No Bike Inspection Required

When you are renewing bike insurance online with Bajaj Allianz, the insurer will not inspect your vehicle again. However, the policy needs to be renewed before the expiration date.

  • Coverage for Three Years

With Bajaj Allianz Long Term insurance, you do not have to worry about renewing your policy annually.

  • Savings in the Long Run

With long term two-wheeler bike insurance, you tend to save a significant amount of money. This is because the premium rates and service taxes change annually. But since your policy term is for 3 years, you remain unaffected by the said changes.

  • No Claim Bonus Benefit

In case you make a claim on your long term bike insurance plan, the NCB will not become zero. However, a specific percentage of it does reduce, but will never become null.

What’s Covered

  • Loss Resulting from Man-Made or Natural Calamities

Damages caused by fire outbreaks, lightning strikes, earthquakes, floods, typhoons, hurricanes and other such man-made or natural calamities are covered.

  • Theft or Total Loss of the Bike

Burglary/theft and damages caused to your two-wheeler due to communal riots and other such malicious acts.

  • Personal Accident Coverage

Covers the rider from disability or bodily injuries resulting from an unfortunate accident.

  • Third-Party Legal Liabilities

Accidents can result in damages to your two-wheeler and/or permanent disability/death of a person. Choose two-wheeler motor insurance to stay protected against legal liabilities that arise out of such incidents.

  • Repair and Replacement Expenses

Repairing a damaged vehicle is costly. Add to that the replacement of a particular two-wheeler component (engine for example) and the expenses are bound to sky-rocket. With two-wheeler insurance, you are covered for such expenses.

What’s not Covered

  • Wear & Tear

Your bike's typical wear and tear due to usage is not covered under the policy.

  • Non-Accidental Breakdown

Mechanical and electrical breakdown of the insured bike is not covered.

  • Illegal Driving

Damage/loss caused due to accidents caused when driving under the influence of intoxicants.

  • Driving Without Necessary Documents

Damage/loss caused when riding without a licence.

Bajaj Allianz Long Term Bike Insurance Plan Vs. Single Year Insurance Plan

Bajaj Allianz offers different plans to cater to the distinct needs of their customers.

When it comes to two wheeler insurance, Bajaj Allianz offers two plans – comprehensive two wheeler insurance and third-party insurance. Moreover, with the changing needs of customers, Bajaj Allianz also offers these two types of comprehensive two wheeler insurance with the following features:

Parameters

3 Year Long-Term Bike Insurance

Short-Term Bike Insurance

Renewal

With policy renewal after 3 years, you need not go through the hassle of renewing your policy.

A single-year policy needs to be renewed annually.

No Claim Bonus (NCB)

Get additional NCB benefit at the time of renewal

NCB benefit as per tariff

Premium Hike

No effect on third-party (TP) premium during the policy period

TP premium increases annually

NCB benefit after a claim

NCB is reduced but doesn’t become nil.

With a single-year policy, NCB becomes nil after a claim.

Mid-term cancellation refund

The facility of proportional refund that too even after claim (during the policy term).

In the case of a single-year two-wheeler insurance policy, no refund is available in case of any claim.

Bajaj Allianz Two Wheeler Insurance Add-On Covers

Add-On Covers available with the Bajaj Allianz Bike Insurance Policy offer an extra layer of protection for your bike so you can rest assured!

  • Zero Depreciation Cover

Right from the day of purchase, your two-wheeler’s price starts to depreciate. On filing a claim, the amount paid will include the depreciating value of your insured bike. With the zero depreciation cover, you are covered against this depreciation value, thereby minimising your out-of-pocket expenses during a claim.

  • Round-the-Clock Spot Assistance

In case of a sudden breakdown during your ride, all you need to do is, call 1800 103 5858 and the Bajaj Allianz Roadside Assistance team will offer the complete support you need.

  • Personal Accident Cover for Pillion Rider

This cover lets you take care of the safety of the pillion rider too. The personal accident cover for pillion riders covers the treatment costs of your co-passenger in case he/she suffers serious injuries due to a mishap.

How to Calculate Premium for Bajaj Allianz Bike insurance?

Finserv MARKETS has made it very easy for you to calculate your Bajaj Allianz Two-wheeler Insurance premium price. All you need to do is use the bike insurance premium calculator, go through a convenient, hassle-free and quick process, and your premium amount is displayed on your screen.

Here’s how:

  1. Enter the important details like your bike’s registration number & your mobile number.

  2. Confirm if your existing policy has expired.

  3. Provide additional details of your bike such as its registration number, its make & model, fuel type, registration details, and more.

  4. Make your choice: Third-Party Plan or Comprehensive Plan.

  5. Provide your personal details and proceed.

  6. And, the Bajaj Allianz two-wheeler Insurance premium price will be displayed.

How to Buy Bajaj Allianz Two Wheeler Insurance?

Purchasing two-wheeler insurance at Finserv MARKETS is simple and straightforward.

  1. Go to the ‘Bike Insurance’ section on Finserv MARKETS.

  2. Enter your bike number & mobile number.

  3. Fill the application form with some important information of your bike.

  4. Pick the Bike Insurance plan of your choice.

  5. Make payment online.

  6. Your policy will be shared on your registered email address.

You can also buy the Bajaj Allianz two-wheeler insurance online on the insurer’s official website. Here’s how:

  1. Visit the official website.

  2. Go to the ‘Bike Insurance’ section on Finserv MARKETS.

  3. Enter the details required including your name, bike details and mobile number.

  4. Select your plan.

  5. Make payment online.

  6. Get your policy instantly.

Documents Required to Buy Bajaj Allianz Bike Insurance Online

You can keep the following documents for bike insurance ready while purchasing it online:

  • Proof of identity (Aadhaar Card, Passport, Voter’s ID, etc.)

  • Proof of address (Aadhaar card, Passport, utility bill, Ration card, etc.)

  • Registration Certificate

  • Old insurance policy details, for NCB transfer

Steps for Bajaj Allianz Two Wheeler Insurance Renewal

Carrying an expired bike insurance policy when riding your bike only means that you are more vulnerable to road mishaps and other third-party liabilities. Without a financial cover by your side. overcoming these expenses can burn a hole in your pocket. Hence, it is highly advisable to renew bike insurance on time. Moreover, with third-party bike insurance being mandatory, there’s hardly any choice!

 

Here are the steps for Bajaj Allianz bike insurance renewal online!

 

Finserv MARKETS is the right place for Bajaj Allianz two wheeler insurance renewal online. All you have to do is:

 

  1. Visit us on Finserv MARKETS online.

  2. Go to the ‘Bike Insurance’ section.

  3. Enter the previous policy details.

  4. Enter your personal details along with the details of your bike.

  5. Any updates to the premiums charges (made over the last six months) will be reflected in the renewal details.

  6. Upon successful online payment, your bike insurance will be active, and you can reap its benefits.

Steps for Claiming Bajaj Allianz Bike Insurance Online

Bajaj Allianz Bike Insurance offers a seamless claim process and excellent claim settlement, making it a very effective deal. You would need to register a claim as soon as possible following the accident/theft of your bike. This way, your insurer is informed in time and you can claim your insurance in a jiffy!

 

It just takes a few easy steps to file a Bajaj Allianz bike insurance claim.

Contact Details

Here’s how you can get in touch with the Bajaj Allianz team which is dedicated to providing you with a great customer experience.

 

  1. For any Bajaj vehicle insurance-related claims, you can call the customer care number: 1800 209 5858

  2. You can also connect with them on their WhatsApp service number: +91 75072 45858

  3. You can email them at:  bagichelp@bajajallianz.co.in

You can seek assistance from the Finserv MARKETS team that is committed to serving you better. Here’s how you can connect with us, should you need any help with Bajaj Allianz Bike Insurance:

 

  1. You can call us on: 020-66399444 (Mon to Sat - 10 am to 6 pm)
  2. You can write to us at: insuranceconnect@bajajfinservmarkets.in
  3. You can also login to our Customer Portal - https://www.bajajfinservmarkets.in/cust/#/
  4. Download the Finserv MARKETS App that helps you manage your account and track your applications anytime and anywhere!

Check Out Bike Insurance Plans Available at Bajaj MARKETS

Bike Insurance renewal FAQs

  • ✔️What documents do I need for the renewal process?

    The documentation required is fairly straightforward. You will only require a copy of your previous insurance policy, and the certificate of registration for your two wheeler.
  • ✔️When can I expect my insurance documents to arrive?

    As soon as the policy is renewed, you can expect the soft copy of your insurance on your registered email ID. The hard copy of your insurance post renewal will be sent via courier and will take upto 7 to 10 days to arrive.

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