The difference between driving safe and driving secure
Your bike is your pride, a source of joy and your delightful getaway from the mundane life. Imagine if something untoward happens to your bike? Behind the wheels, you are a careful driver. However, your bike’s safety is not only in your hands. With us, you choose not only a reliable partner but a fast and secure experience for your bike.
Benefits of Buying bike Insurance Online
Quick turnaround time & total reliability of service makes this product ideal for you
Instant Policy Get policy instantly with cashless/direct settlements
Helpline Customer service and claims registration with Helpline numbers
Renewal Reminder Automated renewal reminder service
Accident Help Get towing assistance (within city limits only) for accidents
Quick Surveys Claims survey is quick
7 Days, All Done Just 7 working days for claims finalisation
Bike Insurance Policy Features
You can now opt from a range of comprehensive additional covers on payment of a nominal premium. Come discover how much we take care of you. Be safe. Be assured. Know More
Stranded on the road or met with an accident? Why should such mishaps stop you? Our Roadside Assistance is at your service 24x7. Know More
Future Xpress & Xpress+
A simplified process to offer you a more personalised service at the same time smooth and speedy claims settlement. Know More
Bike Insurance Coverages
In the event of ordinary losses/damages to your bike, regardless of who is at fault and where the accident took place, a wide variety of cases, from broken windows to theft or destruction is covered.
Personal Accident Cover
A compulsory Personal Accident cover of Rs. 15 lakhs is available for individual owners of the bike while driving (Available only if the owner of the bike holds a valid driving license). You can also opt for a Personal Accident cover for passengers (Named or un-named) up to a maximum amount of Rs. 2 lakhs per person.
Third Party Liability
Any legal liability that you may incur due to the death of or bodily injury to a third party or damage to the property of a third party while using your bike, is covered. The policy also covers the legal expenses you might incur to defend this claim. This is a mandatory insurance coverage for your bike.
Additional Legal Liabilities
The following additional legal liabilities may also be opted for at an additional premium -
Paid driver/conductor/cleaner employed in operation of the bike.
Employees travelling in/driving the bike other than paid driver.
Non-fare paying passengers.
Disclaimer For complete details of Policy coverage, terms, conditions and exclusions, please refer the policy wordings. Click here to view Policy Wordings.
How Can You Buy Bike Insurance Online
Buy your brand new Bike Insurance online or renew your existing policy from any insurance company in less than 10 minutes with us.
Gather some basic information about your bike and create your profile
a. Chassis Number
b. Engine Number
c. Registration number
d. Make, model and year of manufacture of your bike
e. Expiry date of your policy as on the policy copy in case you're renewing
f. Applicable no claim bonus
Review your Coverage and Deductibles
After reviewing your quote, you can make changes to your coverage if required.
Complete your purchase
After you confirm to the premium to be paid and agree to the terms & conditions, select a payment method (Credit Card/Debit Card or Net Banking) and pay securely & conveniently in easy steps and you are done.
Download your policy
You can download your policy schedule and print it out. A copy of the policy is also sent to the email address you have provided in your profile.
Procedure along with list of ombudsman addresses.In case you are not satisfied with the resolution to the complaint as provided by us,you may approach the Insurance Ombudsman for review.
Making a claim
At Future Generali,we will do everything to make your claim as simple and convenient.And here are few reasons why:
Our in-house claim settlement team processes your claims within 7 working days from the time we receive your claim intimation form along with required documentation.Find out more about how to make a claim or check out ourclaim process.
In-house team of professionals who can give specialised advice.
Contact our Helpline
In case you wish to speak to our experts about your policy,you can call us on:
You ask.We answer.
Why do I need Bike Insurance policy,is it compulsory?
Insuring your bike against the risks of Third Party liability is mandatory as per Motor Vehicles Act 1988.Most private bike owners however prefer comprehensive or package policy covering the risks of loss or damage to the bike-Own Damage in addition to the Third Party Liability Risk.
What is Own Damage and what is Third Party Liability?
Motor Own Damage Insurance is a form of insurance to help you in the event of damage to your bike in an accident.Motor Own Damage Insurance covers a wide variety of cases,from broken windows to theft or damages arising out of an accident.
Motor third-party insurance cover,which is also referred to as the‘act only’cover,is a statutory requirement under the Motor Vehicles Act,1988.It is referred to as a‘third-party’cover since the beneficiary of the policy is someone other than the two parties involved in the contract(the bike owner and the insurance company).The policy does not provide any benefit to you.However,it covers any legal liability that you may incur due to death/disability of third-party and/or loss or damage to the third-party property while using the bike.
Can the Owner of the bike also be insured under the same policy?
Yes,it is compulsory to insure the Registered Owner of the vehicle against risk of Personal Accident only if he/she holds a valid driving license.This cover is available on payment of a nominal premium amount.
Can the paid driver of the bike also be insured under the same policy?
Yes,it is possible to insure the paid driver(Legal Liability to Employees)under provisions of Workmen’s Compensation Act as amended.This cover is available on payment of a nominal premium amount.
Can the occupants/passengers travelling in my bike be insured?
Yes,they may be insured against risk of Personal Accident for a sum not exceeding Rs.2 lakhs per passenger by paying an additional nominal premium.
Can I transfer existing No Claim bonus on sale of my old bike to my new bike?
No Claim Bonus is allowed to the Insured and not to the insured bike.Hence,on sale of the bike,the insurance policy can be transferred to the new owner but not the No Claim Bonus.The new owner has to pay the difference on account of No Claim Bonus for the balance policy period.The original owner can,however,use the No Claim Bonus from his old bike(the one he has sold)to a new bike purchased by him.For this he has to apply to the existing insurance company and get the No Claim Bonus reserving letter
Will Future Generali settle all my claims directly?
For the Own Damage Claims Yes,you can opt for a cashless claim settlement if you approach ourFuture Generali Convenient Workshopsfor repairs to your bike.In case you get your bike repaired in a non-network workshop,Claims will be directly settled to you upon submission of all required documents with 7 working days.
Third Party claims are awarded by Motor Accident Claims Tribunals as per provisions of Motor Vehicles Act 1988 and settled by Future Generali.
Are there any deductions that I need to be aware during settlement of my claim?
Yes,you have to contribute a minimum amount towards own damage claims which is known asDeductible-e.g.Rs.1000 for each claim for bike with cubic capacity up to 1500 CC will have to be borne by you.In addition,replaced parts are subject to the depreciation scale(ReferPolicy Wordingsfor the scale of depreciation applied for various parts)in the claim assessment.For e.g.50%depreciation is applied on all the plastic parts.
Note:depreciation waiver cover can be separately opted.Zero depreciation add on coveris provided by Future Generali for vehicles up to the age 5 years.
Rarely have I come across any insurance company which has the fastest claim settlement as yours. Indeed a very pleasant experience. Thank You!
I have used many insurance policies for my bike, but I found FUTURE GENERALI is the best amongst all companies. Service is really very fast and the large number of garages are working for perfect recovery.
Ganpat R Mali
This is the second time that the entire claims process have been handled & supervised very efficiently. Thank you for your support in this & we cherish our relationship on a continued basis.
Appreciate the way my case was handled by providing timely claim settlement. This will definitely impact to me positively leading to positive word of mouth. I will definitely renew my insurance policy with future Generali only and also suggest in my friend circle.
Claims with insurance companies are very difficult to recover, but with Future Generali I never got that feeling. From day one I was informed that my claim would be pass and that I shouldn't worry. I am very satisfied with Future Generali.