Motorcycle insurance
Motorcycle insurance protects the insured in the event that the motorcycle is involved in an accident, is stolen or is set on fire. This cover also insures third parties. The same risks as those covered in auto insurance policies apply in this policy:
Whats Covered in Motorcycle cover
Benefits
Whats Covered in Motorcycle cover
Damage to motorcycle or property, theft, vandalism, injury to the insured or other people.
You have the option of three categories under this policy:- Private Motorcycle Insurance – This category is appropriate for motorcycles and motorized three wheelers used for social, domestic and pleasure purposes.
- Commercial Motorcycle Insurance.
- PSV (Bodaboda) Motorcycle Insurance.
Benefits
The Company will indemnify the insured against loss of or damage to the motorcycle and its accessories and spare parts, which may occur through:
- Motorcycle accidents.
- Fires, external explosion, self-ignition, lightning, burglary, house breaking or theft.
- Malicious acts.
- Whilst in transit (including the processes of loading and unloading incidental to such transit) by road, rail, inland waterway, lift or elevator.