Liberty General Two Wheeler Multi-Year Package Policy

• Loss/damage cover to two-wheeler insured
• Cover for liability to third parties
• Personal accident cover for owner - driver
• Avail No Claim Bonus
• Policy tenure up to 3 years
• Annual protection against third party premium
• Riders to enhance coverage
• Settlement of claims in 7 working days
• Cashless claims service in network garages

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

• Depreciation Cover: It pays the depreciation amount deducted on the value of the parts replaced for an approved claim, in case of loss or damage caused to the vehicle insured.
• Consumables Cover: Cost of consumables such as Engine oil, Gear box oil, Brake oil, Power steering oil, etc. that may incur while replacing/replenishing the damaged vehicle, following an accident, is payable upon opting this add-on cover.
• GAP Value Cover: In the event of a Total loss/ Constructive Total Loss (CTL) or Total Theft of the vehicle, it pays the ‘shortfall amount’ between the amount received and the current replacement value of the vehicle if the same make model is available. This cover is applicable to new vehicles only.
• Road Side Assistance: With this add-on cover, the insured can get assistance while stuck on the road. It provides service for emergencies such as repair of flat tyre, jump start for car battery, legal advice in case of an accident and much more.
• Engine Safe: It covers the consequential damage to the internal parts of the Engine of the Insured Vehicle arising out of water ingression leakage of lubricating oil following damage to Engine due to accidental means.
• Loss of Accessories: Cover towards loss of vehicle’s electrical & non-electroic parts are available, as specified under the policy.
• PersonalPersonal accident cover for named and unnamed passengers is available udner the policy, as an add-on.

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 breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss/damage caused by or arising from nuclear weapons material
• War, invasion, act of foreign enemy, etc.