ICICI Lombard Two Wheeler Insurance Policy

• Loss/damage cover to the vehicle insured
• Cover for liability to third parties
• Inbuilt personal accident cover for owner - driver
• No Claim Bonus is available
• Pick additional cover/s to enhance protection
• Avail cashless settlement in 2150+ network garages across India

Own Damage Cover

Loss or damage to the vehicle insured are covered against perils such as fire explosion, self ignition or lightning, burglary, housebreaking or theft, riot and strike, earthquake, flood, typhoon & hurricane, accidental external means, malicious act, terrorist activity, in transit by road, rail, inland-waterway, lift, elevator or air, landslide or rockslide. This cover is available upon opting ‘Package Policy’.

Cover towards Third Party Liability

Insured is covered against third party liability arising out of the use of the vehicle in respect of death or bodily injury to occupants carried in a vehicle other than the insured’s vehicle. It also covers damage to property other than the property belonging to the insured.

Personal Accident Cover for Owner - Driver

In case of bodily injury/death caused to the owner cum driver of the vehicle, the compensation is payable depending on the nature of injury sustained.

For death and Loss of two limbs/sight of two eyes/one limb & sight of one eye is covered up to 100%, Loss of one limb or sight of one eye is covered up to 50% and Permanent total disablement from injuries other than the specified ones is covered up to 100%.

This compensation is payable, when the death/injury caused within six calendar months of accidental external and visible means. A maximum of Rs 1 lakh is payable towards personal accident cover during any one period of insurance.

No Claim Bonus

The insured is entitled to receive No Claim Bonus at the time of renewal as per the NCB percentage applicable, which includes 20%, 25%, 35%, 45% & 50%. It is expressed as a percentage of discount on ‘Own Damage’ premium. It is applicable only for ‘Package Policy’.

Following are the additional cover/add-ons that can be opted upon payment of additional premium.

• NCB Protect: Insured will be entitled to No Claims Bonus towards “Loss or Damage to the Vehicles Insured”. It is applicable maximum up to 3 claims lodged during the same policy period.
• Return to Invoice: In the event of Total loss/ Constructive Total Loss (CTL) or Total Theft of the vehicle, the difference between the amount received and the replacement value of vehicle is payable.
• Zero Depreciation: With this add-on cover, the insurer deducts no amount for depreciation on value of the parts replaced for up to 2 admissible claims during a policy year, in case of loss or damage to the vehicle insured.
• Road Side Assistance: With this add-on cover, policyholders can get assistance while on the road. It provides service for emergencies such as towing on breakdown/accident, arrangement/supply of fuel, arrangement of keys, repair of flat tyre, battery jump start, etc. You can make a maximum of four claims for emergency assistance services.
• Additional cover for ‘Electrical/non-electrical accessories’ and ‘bio-fuel system’ is also available.

Following are the conditions that are not covered under this policy:

• Vehicle is used outside the geographical area
• Vehicle being used otherwise than in accordance with the Limitations specified
• Any claim arising out of contractual liability
• Mechanical/Electrical breakdown
• Consequential loss
• Wear & tear and ageing of vehicle
• Intoxicated driving
• Loss/damage caused by or arising from nuclear weapons material
• War, invasion, act of foreign enemy, etc.