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Long Term Two Wheeler Insurance Policy

Secure your smiles per mile
Long Term Two Wheeler Insurance Policy

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What’s in it for you

Hassle-free claim settlement

 Insure once and stay secure up to 3 years

24x7 service and claim support

What's the duration of "Long Term Two Wheeler Insurance Policy"

A year can go by really fast. Before you know it, it’s time to renew your Two Wheeler Insurance policy. Switch to Bajaj Allianz’s Long Term Two Wheeler Insurance Policy for a comprehensive 2 wheeler insurance cover.

Our Long Term Two Wheeler Insurance Policy gives you 2 wheeler insurance coverage up to 3 years. That’s 3 years of continued protection for your two-wheeler. So you see, good things do last long!

Whether it’s a minor scratch or total loss, our Long Term Insurance Policy covers you for any claim arising from third party liability and cost of damage, whether due to natural calamities or accidents.

With Bajaj Allianz Long Term Two Wheeler Insurance policy, you can satisfy your ‘need for speed’ without worry!

Benefits of Long Term Two Wheeler Insurance Policy

Yes, that’s what you get with our Long Term Motor Insurance Policy. Packed with a range of features, our Long Term Two Wheeler Insurance offers you:

  • 24X7 Call Assistance 24X7 Call Assistance

    Have any question regarding claim settlement and even otherwise? We’re just a phone call away 24X7, 365 days a year, even on holidays. 

  • Transfer of No Claims Bonus (NCB) Transfer of No Claims Bonus (NCB)

    A beneficial feature of our two wheeler insurance policy, NCB rewards you for your responsible driving behaviour by lowering the premium you pay on renewing your policy. We allow 50% transfer of your NCB from another insurer when you opt for a Bajaj Allianz two wheeler insurance policy. 

  • No Need For Inspection On Online Policy Renewal No Need For Inspection On Online Policy Renewal

    When you renew your policy with us online, we don’t inspect your bike. That’s our way of saying we trust you!

  • Coverage For 3 Years Coverage For 3 Years

    Our Long Term Two Wheeler Insurance Policy means that you don’t need to worry about renewing your policy annually. One less thing to remember!

  • Savings In The Long Run Savings In The Long Run

    Our policy helps you save money which would be otherwise lost every year due increased third party premium rates and service taxes. Over a period of three years, you can save a substantial amount and invest it instead!

  • NCB Benefit Continues NCB Benefit Continues

    We don’t let your responsible behaviour on the road go unnoticed or unrewarded. In an event of any claim made during the policy period, the NCB earned reduces but it doesn’t become zero unlike an annual term two wheeler policy. 

Buy Long Term Two Wheeler Insurance with us. Watch the video to know more

Two Wheeler Insurance Claim Process

First and foremost, you need to register your claim with us. You can do it:

✓        Online

Click here to register your claim online.

✓        Over the phone

Dial our Toll-free number 1800-209-5858, following which our customer care executive will get in touch with you and guide you through the claim settlement process. Keep these with you for ready reference:

1.       Engine and Chassis number.

2.       Vehicle registration number.

3.       Date and time of the accident.

4.       Description and location of the accident.

5.       Address for inspection of the affected two wheeler.

6.       Kilometre reading.

7.       Police complaint document, in case of theft.

 

1.       Book your vehicle for repair

In case of an accident, act of vandalism or damage due to any other cause, you need to take your two-wheeler to the garage for repair if it’s in a movable condition. If not, you can get it towed.

2.       The last step

The final step of claim settlement involves submission of the required documents and getting them verified with the original ones. The surveyor will inform you if you need to pay any part of the claim amount, as per the policy terms & conditions. 

Now you can get your Two wheeler claims settled in an instant! With the Motor On the Spot (Motor OTS) facility, get your claims settled on the go, for your damages up to INR 10,000/- just within 20 minutes* through our mobile app - Insurance wallet

To use Motor OTS  -

✓       Sign in to the Insurance Wallet app (link for download or IW app page/playstore)

✓       Take clear pictures of the damage caused to your two wheeler and upload the same on the mobile app

✓       Your approved claim amount will be credited to your bank account directly

FAQs On Long Term Two Wheeler Insurance Policy

What is Long Term Two Wheeler Insurance Policy?

As the name suggests, a Long Term Two Wheeler Insurance Policy offers you and your bike coverage for a long period compared to a regular policy which needs to renewed every year. 

Why do I need a Long Term Two Wheeler Insurance Policy?

A Long Term Two Wheeler Insurance Policy relieves you of the pain of renewing your motor insurance policy every year. With Bajaj Allianz Long Term Policy, you get coverage for a period of 3 years. Your policy will be due for renewal after 3 years.

What about the premium rate for this policy? Does it remain the same?

Yes. A Long Term Two Wheeler Insurance Policy freezes the premium rates for the entire policy tenure. It means the premium amount remains the same throughout the policy term. Thus, it eliminates possible hikes in premium and service charges every year.

In case I want to switch my old motor insurance policy with Bajaj Allianz, will I be able to retain the NCB?

Yes. We allow you to transfer up to 50% of the NCB from your old insurer when you buy our Long Term Two Wheeler Insurance Policy.

What factors will determine the premium amount?

●        Vehicle’s age

●        Insured declared value

●        Type of vehicle

How can I purchase Bajaj Allianz Long Term Two Wheeler Insurance Policy?

You can easily buy our Long Term Two Wheeler Insurance Policy both offline and online.

How can I know the status of my policy?

To know the status of your policy, call us at our Toll free number 1800-209-5858. Alternatively, you can also get to know your policy’s status on Twitter. Follow our twitter account @BajajAllianz, DM us with the hashtag #TweetInsurance.

Spreading Smiles Through Our Services

SAVITA BHUTORIA

Special thanks to Bajaj Allianz for hassle free experience and answering all my queries. Good work

VENU MADHAVI Y

Good thing about insurance online process is that you get updates on mobile and mail both.

N SUBRAMANIAN

Speedy and easy way to renew two wheeler insurance online. Thank you for providing zero entries before renewing it

You can satisfy your ‘need for speed’ without worry!

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Complete peace of mind

Add-on Covers in Long Term Two Wheeler Insurance

The add-on covers with our Bike Insurance Policy offer an extra layer of protection for your bike and some added peace of mind for you.
24X7 spot assistance

24X7 spot assistance

Our 24X7 spot assistance add on cover ensures that you have a pleasant journey on the bumpiest of roads. If you do need assistance with a flat tyre, flat battery, fuel, legal advice or towing facility, all you need to do is reach out to our team at 1800 209 5858 to receive instant support. Leave your worries to us and don’t let potholes stop you from enjoying the ride!

Zero Depreciation Cover

Zero Depreciation Cover

From the moment you zoom out of the show room with your two-wheeler, its price starts to depreciate. In the event of a claim, the amount paid will include the depreciating value of your insured vehicle. Read more

Zero Depreciation Cover

From the moment you zoom out of the show room with your two-wheeler, its price starts to depreciate. In the event of a claim, the amount paid will include the depreciating value of your insured vehicle. Our zero depreciation covers you against the depreciation value of your two wheeler. With this add-on, you can minimise out of pocket expenses during a claim and add more protection to your existing cover. For example, if you do not opt for this cover and your bike tyres are damaged in an accident, you will only get 50% of the cost. 

Important Points to Know Before Buying Long Term Two Wheeler Insurance

  • Inclusions

  • Exclusions

Damages Suffered Due To Natural Calamities

Get coverage for your bike against losses and damages due to natural calamities such as fire, earthquake, flood, lightning, storm, landslide, frost, hailstorm and rockslide.

Damages Caused Due To Unfortunate and Unforeseen Events

Our motor insurance policy offers coverage for losses suffered due to theft, social unrest, terrorist activities or other occurrences. 

Third Party Liability

Our policy protects you against third party liability due to accidental damages causing injury or death to a third party. Not only this, you are also covered against damages caused to third party property.

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Normal wear and tear and depreciation.

Electrical/mechanical breakdown.

Damages suffered in case the vehicle is used for any other purpose than intended.

 Losses suffered in case you are driving under the influence of alcohol, drugs, liquor or any other intoxicant.

Damages caused due to nuclear risk, mutiny, or war.

Wear and tear of consumables like tubes or tyres unless the vehicle is damaged simultaneously. In such a scenario, we will compensate 50% of the replacement cost.

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Offering 360-degree protection from total loss

LONG TERM TWO WHEELER INSURANCE COMPARISION

WITH REGULAR TWO WHEELER INSURANCE

When it comes to Long Term Two Wheeler Insurance, you have two options – Two year and Three year policy. As the name suggests, a Long Term Two Wheeler Insurance policy gives you and your bike a 360-degree cover against losses suffered due to damage or theft of the insured vehicle for 2 or 3 years as per the cover opted. And this is over & above the coverage for third party liabilities.

It offers an additional benefit with NCB at the time of renewal. A hassle free process which will reduce the renewal frequency and has no effect in case of Third Party premium increase.

FeaturesLong-Term Two Wheeler Insurance
(Two or Three years)
Two Wheeler Insurance
(One year)
Renewal frequencyOnce in Two or Three yearsOnce every year
Coverage periodTwo or Three yearsOne year
Premium hikesNo effect in the TP premium during the policy periodIncrease in the TP premium every year
NCB benefitAdditional benefit at the time of renewalAs per tariff
NCB benefit after a claimNCB gets reduced but does not become nilNCB become zero after one claim
Mid-term cancellation refundProportional refund provision even after a claim during the policy period for the uninitiated policy yearsNo refund in case of any claim

Two Wheeler Insurance Documents

Is Your Current Policy About to Expire?

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Thank you for your interest. We will send you a reminder when your policy is due for renewal.

Customer Reviews & Ratings

Average Rating:

 4.6

(Based on 16,977 reviews & ratings)

SUSHEEL SONI

SUSHEEL SONI

This was awesome experience with customer case to buy a new bike insurance with Bajaj Allianz. Thanks

S BALA JI

S BALA JI

Indeed very easy to renew my 2 wheeler policy. Got it done in just 3 minutes. Thanks.

VINAY KATHURIA

VINAY KATHURIA

Two wheeler Insurance process was simple and easy. Keep up the good work

Thank You for Your Interest in Bajaj Allianz Insurance Policy, A Customer Support Executive will call you back shortly to assist you through the Process.

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Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

Written By: Bajaj Allianz - Updated: 25th April 2024

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

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