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Hero Electric Wave’s two-wheeler insurance policy is a must if you own this bike and wish to prolong its use on Indian roads. To begin with, it is a mandatory requirement. Plus, it provides you with financial coverage if your bike meets with an accident or undergoes damages due to natural or man-made disasters. You can choose between comprehensive and third-party insurance plans for this purpose.

Types of Insurance Plans Offered for Hero Electric Wave Two-Wheeler Insurance

You can either choose the comprehensive insurance plan or the third-party bike insurance plan for this purpose. You can make this choice depending on your budget and requirements.

Compared to the third-party insurance plan, the comprehensive insurance plan comes at a higher price but offers extended coverage.

Why Choose Bajaj Markets For Hero Electric Wave Insurance?

While there are many providers of Electric Wave two-wheeler insurance in India, you might want to choose Bajaj Markets for the ease with which it allows the purchase of electric bike insurance online.

Apart from this it also provides its network garage services through cashless claims. It provides a digital copy of the insurance document to the email address of a bike owner which is a bonus. Besides, it also provides a smooth NCB transfer service.

Inclusions in Hero Electric Wave Insurance

The insurance policy can provide protection in the form of:

  • Personal accident coverage

  • Damages to or losses suffered by a two-wheeler due to strikes or riots

  • Coverage for external accidental means

  • Damages to a two-wheeler due to man-made or natural calamities

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Exclusions in Hero Electric Wave Insurance

Certain types of damage won’t be covered by the policy. This could include:

  • Damage to a two-wheeler due to a foreign invasion or war

  • Any damage to a bike involving nuclear waste

  • Any loss or damage to a bike outside the coverage location defined in the insurance policy document

  • Any damage to the bike due to the rider’s riding of the bike under the influence of alcohol

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Add-ons to Hero Electric Wave Insurance

Add-ons to Hero Electric Wave Insurance help enhance the protection which the policy provide to a  two-wheeler through the following components:

  • Zero depreciation cover

  • Return to invoice cover

  • NCB protection cover

  • Engine protection cover

  • Roadside assistance cover

  • Consumables cover

  • Tyre protection cover

  • Two-wheeler insurance add-ons

How to Apply for Hero Electric Wave Insurance

  • Navigate to Bajaj Markets.

  • Fill up the fields with the requisite details. Along with your mobile and bike registration numbers, you will also need to enter certain other details. For your convenience, keep the details handy.

  • Next, you will get the policy quote alongside premiums and its details.

  • Go through the policy document and accept it.

  • Next, go ahead and enter your payment details to make the payment.

  • Wait for your Hero Insurance policy to arrive in your email inbox.

Claim Process

Bajaj Markets offers claims through a less complicated and simple process. Follow the simple steps below to file your claim:

  • When your vehicle undergoes any damage, navigate to Bajaj Markets to register your claim. The sooner you do it, the better.

  • Gather all the documents in connection with the damage to your car. Upload as many documents as you can to strengthen the case for your claim in the eye of the insurer.

  • Wait for the insurer to assess the claim made by you. 

  • Keep checking the status of your claim online to get updates about it.

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Wrapping it Up!

If you wish to keep your Hero Electric Wave two-wheeler up and running on Indian roads without straining your finances, giving it the insurance cover from Bajaj Markets is your best bet. By keeping the aforementioned aspects in mind, you can make an informed decision.

FAQs on Hero Electric Wave

By choosing Bajaj Markets, you will be able to buy the policy online from the convenience of your home. Plus, it will also fetch you other benefits. These include cashless claims for network garage services and smooth NCB transfer.

It is simple and easy and does not take a lot of effort. Browse through the different plans offered by the provider. In case you wish to get additional protection for your bike, you can also opt for add-ons. But make sure it doesn’t exceed your budget.

The common add-ons for Hero Electric Wave insurance policy are NCB (no claim bonus), consumable, and zero depreciation.

The insurance policy from Bajaj Markets for Hero Electric Wave two-wheeler includes personal accident coverage, and coverage against the losses incurred due to natural and man-made disasters within the coverage location stated in the insurance policy document.

No, because it is beyond the scope of coverage of the insurance policy offered by Bajaj Markets.

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