Reliance Two-Wheeler Insurance

Reliance General Two-Wheeler Insurance

The Reliance General Bike Insurance Policy has been designed to provide two-wheeler owners with the much-needed protection against hazards that result in financial losses. The policy offers coverage against a wide variety of natural and man-made disasters, and other incidents that are beyond human control. Here are the key features of the policy:

• Minimal Paperwork: You can create an instant quote very quickly as the process is very simple and demands very little paperwork.  
• Affordable Premiums: You can get insurance for your motorcycle for as low as Rs. 3 per day.  
• Hassle-free Claims: Enjoy a seamless, stress-free and convenient process during settlement during emergencies. 
• Cashless Networking: Gain access to more than 10,000 authorized garages across India for repair services.  
• Personalised Coverage: Get enhanced protection by choosing from a variety of customized add-on covers.  
• Long-Term Validity: You can opt for a single policy valid for up to 3 years and save on annual renewal hassles.

Types of Insurance Policies Offered by Reliance General Insurance Company

Reliance General Insurance Company offers a third-party liability motor insurance policy which protects the insured against financial and legal liabilities arising out of loss or damage caused to a third person or their property in an accident involving their vehicle. It also offers a comprehensive bike insurance policy which covers the insured against a wide range of incidents that result in loss or damage to the vehicle or personal loss due to an accident. The table below depicts the difference between both the policies:

Two-Wheeler Insurance Policies Offered by Reliance General Insurance Company

Reliance General Insurance Company offers several life insurance policies for standalone coverage, long term plans, comprehensive and bundled bike insurance life policies to meet the diverse needs of various individuals. Given below are the various insurance policies and their features offered by the insurer.

Reliance Two-Wheeler Policy Standalone Own Damage

1. This policy covers damage to your own vehicle only.

1. It covers damage to vehicles due to accidents, natural or man-made disasters or theft.

1. A third-party liability policy is a mandatory requirement to purchase this policy.

Reliance Two-Wheeler Policy-Bundled

• This policy is designed for newly purchased two-wheelers.
• It provides third-party liability coverage of 5 years and own-damage coverage of 1 year.
• This policy also includes a personal accident cover for the owner-driver.

Third-Party Long-Term (2 & 3-year) Policy

• This policy covers third-party liabilities. Any injuries to others or damage to their property is covered under this policy.
• It includes a Personal Accident (PA) cover for the owner-driver.
• This policy is only valid for a time period of 2 or 3 years.

Reliance Two-Wheeler Package Policy

• This insurance policy is a standard comprehensive plan offered by the insurer.
• This policy covers any damage to the vehicle in case of theft or accidents.
• Third party liability is also covered under this policy.
• It also provides a personal accident cover for the owner-driver. 

Long-Term Two-Wheeler Package Policy

• With a validity of 2 to 3 years, the long-term two-wheeler package policy is a comprehensive insurance plan.  
• This policy eliminates the need for annual renewals. 
• It also covers own damage and provides a third-party liability and a personal accident cover. 

Long-Term Two-Wheeler Package Policy 

• With a validity of 2 to 3 years, the long-term two-wheeler package policy is a comprehensive insurance plan.  
• This policy eliminates the need for annual renewals. 
• It also covers own damage and provides a third-party liability and a personal accident cover.

"A" Policy for Act Liability Insurance (5 Years): 

• This insurance policy is commonly known as a standard third-party policy. 
• The main feature of this insurance policy is that it provides a third-party liability coverage for 5 years. 
• This policy also includes a personal accident cover for the owner-driver.  

Reliance Two-Wheeler Package Policy (5 Years) 

• This is another comprehensive insurance plan that offers extensive coverage for a time period of 5-years. 
• This plan includes damage to the vehicle in case of theft or accidents.  
• This plan provides a third-party liability and a personal accident cover for the owner - driver.

Benefits of Reliance Two-Wheeler Insurance

A comprehensive insurance policy can provide valuable financial support if you face an unexpected incident on the road. Reliance Two-Wheeler Insurance offers both comprehensive coverage and the mandatory third-party liability cover to suit different needs. Additionally, the overall cost of insurance can reduce over time if you do not raise any claims, thanks to the No Claim Bonus benefit. Mentioned below are some key advantages, including the No Claim Bonus, that you can enjoy by choosing Reliance Two-Wheeler Insurance. 

Add-On Covers Available

Zero Depreciation Cover: The add-on cover removes the effects of depreciation on the Insured Declared Value (IDV) of the vehicle.

Medical Cover: This add-on cover ensures that a policyholder gets sufficient medical assistance at the time of an accident. It covers the medical costs for treatment in case of an accident.

Cashless Hospitalisation: The add-on cover assures medical treatment at network hospitals without the need of advance cash payments at the hospital.

Personal Accident Cover: This add-on cover covers the rider of the vehicle against an accident anywhere in the globe. The cover also ensures financial compensation in case of accidental death or permanent total disability. Below are the details of benefits under the personal accident add-on cover:

Coverage Offered Under Reliance Two-Wheeler Insurance Policy

The two-wheeler insurance policy offered by Reliance General Insurance Company covers the insured against losses or damages caused to the vehicle due to any of the following incidents:

Natural Calamities: The policy covers the insured against damages or losses caused to the vehicle due to natural calamities such as fire, frost, flood, tempest, earthquake, explosion, cyclone, lightning, landslide, rockslide, hailstorm, hurricane, and more.

Man-Made Calamities: Man-made calamities include theft, vandalism, terrorism, self-ignition, riots & strikes, malicious acts, and more.

Other incidents: Loss or damage to the vehicle due to other incidents such as accident, loss or damage in transit, self-ignition, and others too are covered under the policy.

Exclusions Under Reliance Two-Wheeler Insurance

The following instances are not covered under the two-wheeler insurance policy offered by Reliance General Insurance Company.

1. Depreciation in the value of the vehicle
2. Breakdown of electrical/mechanical nature
3. Use of vehicle against its limitations
4. Damage caused to the vehicle by a person driving the vehicle under the influence of any intoxicating substance
5. Damage caused to the vehicle be a person driving the vehicle without a valid driving license
6. Consequential loss
7. Compulsory deductibles at the time of insurance claim
8. Damage caused to tyres and tubes (unless the vehicle is also damaged at the same time)
9. Loss or damage to the vehicle accessories

No Claim Bonus for Reliance Bike Insurance

The No Claim Bonus is provided by the insurer to its customers if there are no claims made on the two-wheeler insurance policy during the preceding years. The same can be transferred to the new vehicle. The NCB is accumulated on an annual basis as shown in the table below.

Depreciation Rates

Certain depreciation rates are applicable to the cost of replacement parts, Depreciation rates for various parts of a bike are mentioned below:

How to Buy/Renew Reliance Two-Wheeler Insurance Policy Online?

You can buy or renew your two-wheeler insurance policy with minimum documentation through the official website of Reliance general Insurance. 

The steps to purchase Reliance Two-Wheeler Insurance online are as follows: 

Steps to Purchase Reliance Two-Wheeler Insurance Online

Step 1 - Visit the official website of Reliance Two-Wheeler Insurance.  

Step 2 -  Enter the requested details such as your name, mobile number, registration number, bike make and model, etc.  

Step 3 - Choose the optional add-on covers you wish to avail.  

Step 4 -Select the duration of your policy and pay the premium.  

Step 5 - After the payment is made, a soft copy of your bike insurance policy will be sent to your email address. It can also be downloaded from the Reliance Two-Wheeler Insurance website.  

Renew your Reliance Two-Wheeler Insurance Online

Step 1 - Visit the official website of Reliance Two-Wheeler Insurance.

Step 2 - Enter the requested details about your policy.  

Step 3 - Click the 'Proceed to Renew' option.  

Step 4 - Choose the optional add-on covers you wish to avail. 

Step 5 -  Select the duration of your policy and pay the premium. 

Step 6 - After the payment is made, a soft copy of your bike insurance policy will be sent to your email address. You can also log in to your account to download it.  

Registration of Claims

In any incident resulting in damage or loss to the vehicle, you may register your insurance claim by calling on the below-mentioned toll-free number: 1800 3009

Reliance General Two-Wheeler Insurance Claim Settlement Process

1. Register your bike insurance claim by calling on 1800 3009 (toll-free number)

2. Take your two-wheeler to any of the nearest authorised network garage for repair.

3. Submit the required documents to the surveyor.

4. The insurer confirms the liability.

5. The repairs can be done at the authorised cashless garages of the company.

6. In absence of cashless facility, the insured needs to make payment for the repairs. The bills of the same can be submitted to the insurer for final settlement.

Delivery of the vehicle.

Documents Required to File an Insurance Claim

1. For Damages Due to Accident:

1. Duly-filled claim form
2. Insurance certificate
3. Copy of vehicle Registration Certificate (RC)
4. Copy of Driving License
5. Police FIR (for third-party property damage/body injury/death)
6. Repair bills and payment receipts
7. Any other document as required by the insurer

2. Theft Cases:

1. Insurance Certificate/Policy Document
2. Vehicle RC (original)
3. Theft endorsement from the concerned RTO
4. Tax payment receipt
5. Details of existing insurance
6. Policy number
7. Details of the insurer
8. Validity of insurance
9. Sets of keys/service book/warranty cards
10. Police FIR and FIR
11. Copy of letter intimating the RTO about the theft
12. Any other document as required by the insurer

Reliance Bike Insurance Contact Details

For any queries or concerns related to two-wheeler insurance or any other general insurance solution offered by Reliance General Insurance Company, you may reach out to the customer care team using the following contact information Email Address: rgicl.services@relianceada.com Toll-free Number: 18003009

Reliance Bike Insurance Branches in Major Cities

You may also visit your nearest Reliance General Insurance branch office to buy or renew your two-wheeler insurance policy or to get assistance with any other related issue. Here is the list of branch offices in important Indian cities:

New Delhi

Pune

Ahmedabad

Chennai

Hyderabad

Bangalore

Kochi

Kolkata

Mumbai