National Insurance Two Wheeler Policy

Picture this: It is a weekend, and you are doing quite a long ride. An open road in front of you, the hum of your bike from underneath, and a feeling of joy as the world rushes by. Now, picture the unexpected: the appearance of a pothole in front of you, with some reckless driver who doesn't care about his fellow riders, or an omnibus salting with water in an unexpected downpour. In those few moments, whose face is the first thing that pops up in your head? Yes, the safety of your bike. So, what happens when things go wrong? A dented wheel, a broken engine, or worse, an injury? This is where the National Insurance Two Wheeler Policy steps in.

Much like the master rider who expects serpentine turns and umpteen bumps, this policy expects the risk and keeps you and your bike fully protected at each step.

Think of it as the safety net that is always there so that when life brings curveballs, it is right there to catch you. Whether accidents, theft, or even natural disasters, the policy is there to keep you moving without the worry of “what ifs?”

More than simply setting the legal requirement, it means riding with confidence.

Excited to know more? This article is just about that. Today, we will see how this policy can become the best friend of your bike on the road!
 

What Is A National Insurance Two Wheeler Policy?

The National Insurance Two Wheeler Policy is offered by the National Insurance Company (NIC) Ltd., one of the oldest and most reliable insurance service providers in India. Founded in 1906, following the nationalisation, it was amalgamated with 11 Indian and 21 foreign insurance companies to provide the needed solidity to the Corporation. Today, it is providing almost varied types of general insurance policies, including two-wheelers.
 

National Insurance Two Wheeler Policy Benefits And Features

This policy isn't just about fulfilling a legal obligation; it offers a range of benefits that provide peace of mind:

• Comprehensive Coverage: This covers loss or damage caused by accidents, theft, fire, vandalism and natural disasters.
   
• Third-Party Liability: If your two-wheeler is involved in an accident that results in harm to other people’s property and/ or their bodies, then this aspect of the policy protects you. Suppose one day your bike was to scratch the car parked beside it – with this coverage, you are less likely to be financially affected by it.
   
• Personal Accident Cover: This will help the insured in case of an accident that causes a permanent/partial injury or death. Please note that the coverage is dependent on the fact that there was involvement of the insured two-wheeler.
   
• Cashless Repairs: When it comes to the repair of the two-wheeler, since their network consists of various cashless garages, it is possible to get unhindered repairs and servicing making the process as easy as a breeze.
   
• No Claim Bonus: Enjoy premium discounts for every claim-free year, and make your insurance more affordable over time.
   
• Add-On Covers: Avail great optional riders such as zero depreciation cover, engine protection, and accessories cover. Such additions guarantee that you are protected in all circumstances as if you had extra layers of armour on you.

What Is Covered Under National Insurance Two Wheeler Policy?

The National Insurance Two Wheeler Policy offers comprehensive protection that includes the following:

• Third-Party Liability Coverage:
  • Legal Liability: This covers the legal requirement of the vehicle owner paying for:
    • Death of a third person or causes that person to sustain any kind of injury.
    • Damage to third-party property.
       
• Coverage Limits:
  • Liability for coverage in case of death or bodily injury to a third party is unlimited.
  • Liability for damage to third-party property is covered up to Rs. 1 lakh for scooters and motorcycles.
     
• Covers Loss or Damages
  This policy also covers the damage to the insured vehicle and its accessories due to:
• • Fire, explosion, self-ignition or lighting.
  • Burglary, housebreaking, or theft.
  • Riot and strike.
  • Malicious acts.
  • Terrorist acts.
  • Damages caused by earthquakes(fire and shock).
  • Natural disasters like floods, typhoons, hurricanes, storms, tempests, inundations, cyclones and hailstorms.
  • Accidental external means.
  • Damage in transit by road, Inland water transport, Lifts and elevators, Air.
  • Landslide or rockslide.
     
• Add-On Covers Available for Extra Premium:
  • Nil Depreciation
  • Nil Depreciation Plus for 2 Wheeler
  • Protection of invoice
  • Protection of engine
  • Protection of NCB

This all-round cover means your two-wheeler is as shielded as possible against a number of perils, and you ride free of worry, as you should.
 

What Is Not Covered Under National Insurance Two Wheeler Policy?

While the National Insurance Two  Wheeler Policy provides wide coverage, there are certain exclusions to be aware of:

• Wear and Tear and Mechanical Breakdowns: Normal wear and tear and break-down are not covered.
   
• Consequential Loss: Losses that occur as a consequence of a primary occurrence are also excluded from the insurance.
   
• Driving Violations: Those losses arising out of a motor vehicle with a license that is invalid or the rider being under the influence of alcohol or intoxicated are not covered.
   
• War and Civil Unrest: All risks that arise from or are connected in any way with war, warfare, or similar operations such as civil war are prohibited.
   
• Contractual Liability: Obligations or liabilities assumed under a contract do not fall under the category of claims included.
   
• Misuse of the Vehicle: In the event the vehicle is being used in a way prohibited by the policy, for example the bike being hired out as taxi, coverage will not be afforded .

Having vital information on these exclusions is essential in enabling the policyholder to know you are not covered by the policy while operating the vehicle.
 

How To Buy National Insurance Two Wheeler Policy?

It is easy to purchase the National Insurance Two Wheeler Policy because of the hassle-free process that was exercised by the company. Here's how you can do it:

• Visit the SMC Website: Begin with the SMC website for a perfect platform to start at.
• Select Bike Insurance: First, one has to navigate to the homepage and then select the option of bike insurance.
• Enter Bike Registration Number: If you have the registration number of the bike you are looking for, enter it. Otherwise, you can also choose the ‘Proceed without bike number’ option.
• Provide Bike Details: You will be required to provide the details regarding the bike, that is the place of registration of your bike, make and model of the bike, the year of registration of the bike, etc.
• Get a Quote: When you  input the bike details, you will be taken to the quote page. Here, you will be able to read some quotations from different insurance companies, including National Insurance.
• Select Your Plan: Take some time to look into the offers and choose one that best fits the user.
• Enter Personal Details: First, you are going to be asked to complete your identification data including your name, phone number, email address, driving license, policy number, bike’s make and model, and so on.
• Make Payment: After all the details are input, go ahead and make the payment as indicated. Always make sure that you are cross-checking all the details before proceeding with the transaction.
• Receive Your Policy: Once the payment has been processed, the soft copy of the policy will be emailed to your account.

This process makes it easy for you to protect your vehicle with the National Insurance Two Wheeler Policy with a simple click of a button.
 

How To Renew National Insurance Two Wheeler Policy?

Renewal of the National Insurance Two Wheeler Policy can now be done fast and with ease online. Follow the below steps:

• See the official website of the National Insurance Company.
• Log in to your account with your credentials.
• Then, go to the Renewals section and fill in your details about an existing policy.
• Check all the policy details and the premium amount displayed carefully.
• If any other additional covers or add-ons are required to be added, select them now.
• Make the payment using the options available.
• Upon confirmation of payment, download and print your renewed policy document.
• A copy of the renewed policy document will be sent to your registered email ID.

Do the following to make sure that your policy is in force without any breaks so that at any point in time your two-wheeler is protected.
 

How To Claim National Insurance Two Wheeler Policy?

If you have to claim under your National Insurance Two Wheeler Policy, the procedures to be followed are given hereunder based on the nature of the incident:

1. In Case of Accidental Damage to the Vehicle:

• Step 1: Inform the incident in writing to the policy-issuing office or the nearest National Insurance office.
• Step 2: Major damages will require the company to request a spot survey at the accident site.
• Step 3: To proceed with the process, you are supposed to obtain and fill out the Claim Form. Submit it with:
  • A copy of the Registered Certificate of the vehicle popularly known as the 'RC'.
  • Driving licence copy of the rider concerned at the time of occurrence of the accident.
  • An estimate of the amount spent on restoration
  • In the case of commercial vehicles, the applicant has to provide a copy of the permits and fitness certificate.

Note: The repairs of the vehicle shall not be attempted without the prior inspection of the motor vehicle by an IRDAI-approved surveyor of the concerned insurance company.

2. In the event that the vehicle is stolen:

• Step 1: You should go to the nearest police station and get an F.I.R. registered.
• Step 2: Intimate the policy issuing office & the concerned Regional Transport Office (RTO).
• Step 3: Obtain a Claim Form, fill it up, and submit it.
• Step 4: Send the Final Police Report the moment you receive it.
• Step 5: Fully cooperate with the investigator who will be hired by the insured's insurance company.

3. In Case of a Third-Party Liability Claim:

• Any situation that may lead to a liability claim must be communicated to the concerned insurance company as soon as possible.

4. Court Summons:

• If you get a court summons, pass it to the insurance company immediately.

5. Submit Documents:

• Completed Claim Form, copies each of the Registration Certificate, Driving License and First Information Report.

By following such processes, you can make sure that a claim process runs smoothly, and can get aid as soon as possible.
 

How Can SMC Help You To Settle A Claim?

Besides the above process, you can raise a claim by:

• You can contact SMC's toll-free number at 1800 2666 3666 to raise a claim.
• You can also drop an email detailing your claim to poshelpdesk@smcinsurance.com.
• You can visit the SMC website, go to the Claims section, and make a request directly online.

These provisions give flexibility toward having your claim process initiated so that you may get assistance easily.
 

Documents Required To Claim National Insurance Two Wheeler Policy

The following documents are required to make a claim under your National Insurance Two Wheeler Policy:

• Claim Form: Duly completed and signed claim form.
• Police Report/FIR: It should be obtained in case of theft and accidents for claims involving third-party liabilities.
• Driving license: Licence of the rider of the vehicle at the time of loss.
• Registration Certificate (RC): Provide the details of the registration of the insured two-wheeler.
• Policy Document: Attach a copy of your insurance policy for reference.
• Repair Bills: In case the vehicle has undergone repairs, attach the related bills for verification.

Preparation of all these documents in advance will enable the claim process to be managed in an efficient and orderly manner.
 

To Wrap It Up

The National Insurance Two Wheeler Policy is much more about getting through the legality; rather, it's a strong safety net that provides complete protection against life's many unpredictable challenges on the road. Be it drifting down scenic highways or day-to-day commuting, with this policy, you and your bike are covered against risks as varied as accidents, theft, and natural calamities.

Just consider the peace of mind derived from the fact that no matter what happens, one of India's most trusted insurance providers has your back. It is this assurance that will let one enjoy the ride and not worry about "what-ifs."

So what's the delay? Buy now, and let the journey be insured with a policy that is not only about coverage but confidence, security, and a partner to stand by every mile travelled. For more details or to begin, explore the bike insurance policy options available on the SMC platform and take the first step toward a worry-free riding experience.
 

Frequently Asked Questions (FAQs)