Tata AIG Two-Wheeler Insurance Policy 

An Overview 

Tata AIG is India’s best general insurance company it is a joint venture of Tata group of companies and American International group. They work on customer lines and commercial lines. This policy is a simple and hassle-free process, with less paperwork. This policy provides compensation for expenses that are caused due to third-party liability which include property damage of the third party, injuries of a third party, and even death of a party. It also protects the vehicle from natural calamity, fire, theft, manmade disasters, and any unforeseen circumstances 

It is the only insurance company in India with an excellent position and has an astonishing reach in bike insurance. The headquarters is located in Mumbai. Their branches are located in Ahmadabad, Bangalore, Chennai, Goa, Hyderabad, Kolkata, and Pune. They provide services in both online and offline modes. Their vision is to provide claim settlements in a simple way. This company asks for minimum documentation and requires less paperwork. The company values feedback and reviews from customers. In addition, they provide health insurance, car insurance, domestic property insurance, and travel insurance.  They provide third-party insurance, standalone insurance, and comprehensive insurance. Third-party insurance is compulsory for every two-wheeler under the motor vehicles act 1988. Standalone insurance is an optional insurance 

List of best two-wheeler insurance Plan 

Third party insurance 

Third-party two-wheeler insurance which is offered by Tata AIG is one of the most popular insurance which is made compulsory after the motor vehicles act. This policy offers compensation against any third party claims which include property damage, injuries of a third party, and even death of a third party. They provide compensation up to lakh. 

Own damage cover 

New India insurance policy also provides coverage against own damage which is caused due to unforeseen circumstances which include flood, tsunami, earthquake, hailstorm and manmade disasters like burglary, riots, and theft 

Personal accident cover 

Personal accident cover provides you hospitalization expenses which include treatment cost, consultation fee, post-treatment charge, medicines cost, and surgical expenses up to 15 lakh. 

Tata AIG add on covers

Zero depreciation cover

Zero depreciation cover is an add-on cover in which your car is free from a decrease in cost due to the wear and tear of the car. Zero depreciation cover ensures that you get the full amount including your depreciation amount.  

Invoice value protection 

This add-on value ensures that you get compensation equal to the amount which is written in the invoice while purchasing the bike. This occurs when the bike is stolen. 

Key and locks protection 

In case you have lost your key during an unforeseen circumstance, edelweiss insurance provides you with the same key you have lost 

Roadside assistance 

Road assistance cover includes jumpstarts, breakdown tows, battery replacement, tire changes, fuel assistance, and key cover. 

Personal belongingness protection 

This is a comprehensive policy which is an add-on cover that offers compensation for your personal belongingness lost in your car. 

Engine protection cover 

Engine protection cover offers financial assistance for your vehicle against the damaged engine of your vehicle. 

Advantages of Tata AIG bike insurance

Tata AIG bike insurance has a very large network of 7500 garages across the country which is easily accessible to the citizens and ensures them instant repair in case of any problem which occurs in the vehicle. Tata AIG bike insurance policy consists of an excellent digital infrastructure that is easily accessible to all citizens. The website consists of all the latest insurance plans which are available and the claims process. One can post his claims and queries and contact for support. Tata AIG bike insurance and less paperwork and minimum paperwork compared to the traditional insurance policies which require several documents and verification which causes severe stress and tension to the customers. Tata AIG bike provides a quick and effective response to the customers which ensures satisfaction to the customers. Tata AIG bike insurance provides all-time consumer service that 24×7 service for the customers. This is to ensure safety and reduce tension for the customers. They offer protection in any circumstance which includes death, injury, property damage, and medical expense which no other insurance policy can offer. They complete the verification process in a very efficient and it is very less time-consuming. Tata AIG bike insurance policy has a wide range of add-on covers, which can be purchased if needed with lifetime benefits. Tata AIG bike insurance policy has been discounted all the time so that it is beneficial for the customers in any unforeseen circumstances. 

Features of Tata AIG bike insurance

Tata AIG bike insurance offers a wide range of features; the following consists of the features provided by Tata AIG bike insurance 

Zero depreciation cover: depreciation is the cost which is reduced due to the wear and tear of the vehicle. In some cases the depreciation cost is reduced while paying the compensation amount. But in zero depreciation cover the depreciation cost is also settled while paying. This is exclusively offered by Tata AIG bike insurance policy. The zero depreciation cover ensures the customer receives the exact amount which is provided in the invoice while purchasing the car. 

Invoice value protection 

The value of your vehicle changes periodically, depending upon the model. The value of your car keeps changing day by day. This year it might be high and next year it might be low. But Tata AIG bike insurance consists of protection of your invoice value.  This add-on value ensures that you get the compensation equal to the amount which is written in the invoice while purchasing the bike. This occurs when the bike is stolen. 

Key and locks protection 

Your key and lock is the main identity for your vehicle without them nothing cannot be done to your vehicle. But Tata AIG bike insurance policy offers compensation for your lost key in bad situations. In case you have lost your key during the unforeseen circumstance, edelweiss insurance provides you with the same key you have lost. 

Roadside assistance 

Road assistance cover includes jumpstarts, breakdown tows, battery replacement, tyre changes, fuel assistance and key cover. 

Personal belongingness protection 

This is a comprehensive policy which is add- on cover which offers compensation for your personal belongingness lost in your car. 

Engine protection  

Engine protection cover offers financial assistance for your vehicle against the damaged engine of your vehicle. 

Third-party claims insurance

This protects us from claims which are raised from the third party due to property damage, injury, and even death of the third party. 

Coverage of Tata AIG bike insurance policy

Own damage cover  

This policy consists of own damage cover, which provides compensation for damage caused due to natural disasters like floods, earthquakes, storms, cyclones,hurracines and hailstorms. They provide coverage for even manmade disaster, like burglary, theft, vandalism and riots. 

Third party liability 

This feature provides coverage of compensation of the third party. Third party coverage includes compensation of damage which is caused due to property damage, injury of third party and death of the third party. 

Personal accident cover 

Personal accident cover provides compensation for our personal use. Which provide funds for our treatment cost, pharmaceutical expense, treatment of family members who also met with accident, physiotherapy fee, consolation fee, post treatment charge, pre treatment charge and hospital room rent expenses. 

Exclusions of Tata AIG bike insurance policy

Though edelweiss bike insurance has a comprehensive insurance policy, due to certain restrictions they have certain exclusions for the customer. Tata AIG bike insurance has certain exclusions in their policy. The damage which is caused due to self injury like suicide is not included in this. If the driver does not have a valid driving license, then this policy cannot be availed. If the accident occurs due to the driver who is under the influence of alcohol and influence of drugs, he is not eligible for the policy. If accident arises due to the negligence of the driver, this policy cannot be sustained. This policy is for only personal purpose and not any other commercial purpose like testing, racing and hiring. If the accident occurs outside the geographical limits of India, this cannot be valid. If the damage is caused due to nuclear reaction Tata AIG bike insurance cannot be insured. 

Claims process of Tata AIG bike insurance

For the claims process, the customer should communicate to the nearby branch office, through SMS, phone call, and email. You need to call the toll-free number 1800 266 7780 or contact through mail general.claims@tata-aig.com. After the claim is issued the survey inspector comes and checks how the claim is. Estimation of repairs is also done in this process. For repair, you can take your vehicle to the nearby network garage, and repair the vehicle. The repair is completely cashless.  You must submit several documents and after which the claim is settled by the branch office. If the person is severely injured he can admit them to the nearby hospital. In case of theft or a major accident, FIR should be filed in the nearby police station. Your vehicle should be towed to the nearby garage. The following documents should be submitted. Which consists of a duly signed claim form, valid driving license, FIR, valid registration certificate, policy document, and invoice receipt. Claims are resolved very efficiently and quickly in Tata AIG bike insurance. 

Discounts offered by Tata AIG 

No claims bonus is offered by Tata AIG insurance if the customer does not raise any claim for the period of three years. This policy is a cumulative benefit that is it keeps on increasing as the number of no claim years keep increasing. Initially, Tata AIG bike insurance offers a 20% off discount which keeps increasing as the number of years keeps increasing. 

Long-term policy discounts can be availed if you are a part of edelweiss insurance for a long period of time. You can avail of various benefits if your membership period keeps on increasing day by day along with an additional discount. 

Tata AIG bike insurance contact details

You can contact Tata AIG bike insurance any time they are available 24×7 to listen to your queries and claims. You can call this through toll-free number 1800 266 7780. You can visit the website and click on the branch locator, so you can easily find the office of Tata AIG bike insurance and visit it. You can even mail your queries through support@tata-aig.com. In case of product information and policy renewal, you can post your queries through the form which is available on the website, by filling in the form with your name, car model number, and renewal period. 

FAQ

1.Why should I buy my insurance policy online? 

Your policy can be purchased online and offline mode. But the best way to purchase your policy is through online mode. Because it requires less paperwork and minimum documentation and it is a hassle-free process compared to offline mode.  
Which is better single-year two-wheeler insurance or multi-year two-wheeler insurance? 
Multi-year two-wheeler insurance is more convenient, has lapse policy risk, locks price at current price rate, and has Instant no claim bonus. But it is much more expensive than single year insurance 

2.Will I be eligible for A claim bonus if my insurance expires? 

Your no claim bonus will be lost, if the policy is allowed to lapse for more than 90 days. 

3.What will happen if I do not raise any single claim from Tata AIG? 

You will be eligible for no claim bonus from Tata AIG and can avail discount of 20% 

4.What happens if your vehicle is robbed? 

If your vehicle is robbed you will be provided with your lost key and if any of your lost personal belonging or valuable. 

5.Reviews of Tata AIG 

Ramlal 
Tata AIG provided me with extra financial support during difficult times. 
Divyansh 
They provided remarkable service. This is my first time purchasing a bike insurance policy. 
Ish 
I received excellent service from Tata AIG from the beginning of service. 

 

 

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