KTM Two-Wheeler Insurance

About KTM

KTM Duke is hugely popular with adventure junkies, looking for a quick dose of adrenaline through fast-paced bike racing. However, these off-road motorcycles are not limited to race circuits. The international quality and styling of KTM Dukes has made is a popular choice amongst the Indian youth, especially the college going students. Thus, even though these bikes are priced on the higher sides, you will find many KTM Dukes on the urban streets of India.

Most Popular KTM Two Wheeler Models

• KTM 200 DUKE 2019: The latest Duke model comes with a stylish black and orange colour variant. The 200 cc racing bike has built-in high tech components such as state-of-the-art injection electronics, ultralight tubular trellis frame, elegant swingarm, and cutting-edge WP suspension.

• KTM 390 DUKE: The 373 cc sports bike boasts of features such as dual disc brakes, split trellis frame, TFT display, and dual-channel ABS by Bosch.

• KTM RC 290: The KTM RC 290 was recently updated to improve its riding comfortability. These improvements include the addition of a more comfortable seat, adjustable levers, wide mirrors, and ride-by-wire throttle to combat the jerkiness of associated with a high displacement capacity engine.

• KTM 125 DUKE: Although the smallest in the Duke range, KTM 125 Duke holds the title of being India’s first 125cc motorcycle with a liquid-cooled engine. The bike gives a mileage of 46 Kmpl and is excellent for street racing.

Why Insure Your KTM Bike?

The cheapest KTM bike starts at INR 1.25 lakh onwards in India. Add to this the high servicing charges, and the maintenance for a KTM bike becomes even more expensive. In such a scenario, any kind of accidental damage or loss/theft of your KTM bike can put a deep hole in your pocket. Therefore, it is necessary to have a comprehensive insurance coverage to protect yourself from the expenses incurred by any accidental damage or from any third-party liability costs. This is precisely why the government of India has mandated a Third-Party Two-Wheeler Insurance under the 1988 Motor Vehicle Act.

Inclusions in KTM Two Wheeler Insurance Policy

The KTM Bike Insurance covers:

• Accidental injuries sustained by the rider as well as pillion.

• Repair/Replacement of any component of your KTM bike

• Loss or damage caused to your KTM bike due to any natural calamity (earthquake, floods, cyclone, hailstorm, typhoons, striking of lightning, etc.)

• Loss or damage due to man-made disaster (communal riots, strikes, theft, vandalism, etc.)

• Loss/damage to third-party

Exclusions in KTM Two Wheeler Insurance Policy

The KTM Bike Insurance excludes coverage for:

• Any loss or damage to your KTM bike against normal wear and tear

• Mechanical or electrical breakdown of your KTM bike

• Any loss or damage to your two-wheeler when driving without a valid license

• Any loss or damage to your two-wheeler, when its insurance policy is not active

• Any loss or damage caused to the two-wheeler when the rider is under the influence of alcohol or drugs

• Third-party related damage caused when

• the two-wheeler insurance policy is not active

• the bike rider is under any influence of an intoxicant

• damaged caused when riding without a valid license

• damages caused due to malicious intent such as to sabotage, theft, etc.

• damage due to natural calamities

• damage due to electrical/mechanical breakdown of the bike

Why Choose Finserv MARKETS for KTM Bike Insurance

At Finserv MARKETS, you can choose between two types of Bajaj Allianz two wheeler insurance plans for your two-wheeler:

• Third Party Liability cover: It provides financial coverage only to the third-party in terms of damages caused due to your two-wheeler

• Comprehensive cover: It provides coverage against third-party liabilities as well as damages suffered by you and your bike.

You can avail a KTM Bike Insurance at Finserv MARKETS to cover the costs of damage caused due to road accidents, natural calamities or due to man-made disasters.

Some of the key features of the Bajaj Allianz Two Wheeler Insurance Plans at Finserv MARKETS include:

1. Ease of application/Renewal: At Finserv MARKETS, applying for bike insurance policy is extremely simple. You can initiate the process online through few easy steps. The renewal process for your two-wheeler insurance is equally hassle-free. You also need not subject your vehicle to inspection, even if your insurance has relapsed.

2. No Third-Party Involvement: At Finserv MARKETS, no part of your insurance process is outsourced to any third party. Right from the initial steps of verifying your application, to the final step of assessing your claim, you can enjoy personalised attention from the insurer.

3. Roadside assistance: At Finserv MARKETS, you can enjoy bike roadside assistance on your two-wheeler insurance. Just call on our toll-free number and get instant assistance come rain, hail or storm!

4. Avail cash-free servicing on your two-wheeler: Finserv MARKETS has associations with over 4000+ garages all over India. You can avail cash free servicing on your KTM bikes in any of these partner garages.

How To Apply For KTM Bike Insurance

Step 1: Choose your insurance coverage

Step 2: Fill the KTM Bike Insurance form online by submitting your bike details

Step 3: Get your KTM bike details assessed by the Insurer

Step 4: Complete the payment process

Step 5: Your policy is issued

Claim Process

As soon as you discover any damage or loss/theft of your bike, you can claim your KTM Bike Insurance in the following two ways-

• Online application

• Call on the Toll-free number 1800-209-5858 to get in touch with the Bajaj Allianz customer care executive for two-wheeler claim assistance.

Following are the step for filing your two-wheeler insurance claim online-

Step 1: Register your claim online

Step 2: Upload your insurance documents such as policy number, proof of damage, copy of FIR, etc.

Step 3: Get your claim assessed by the Insurer

Step 4: Check your claim status