Banner Image

Long Term Two Wheeler Insurance Policy

  • No Annual Renewals
  • Personal Accident Cover
  • Coverage Against Losses and Damages
  • Third Party Liability Cover

Enjoy Uninterrupted Insurance Coverage With SBI General’s Long-Term Two-Wheeler Insurance Policy

Download Brochure
Easy Renewals

Easy Renewals

Bid goodbye to the hassle of renewing your third-party coverage every year and get 5 years of continuous coverage.
No Change in Premium

No Change in Premium

Premium charged for third-party liability coverage and service taxes remains unchanged throughout the Long-Term Policy period.
Discounts on Premiums

Discounts on Premiums

Enjoy discounts on your Long-Term Two-Wheeler Insurance Policy with annual tenures Return to Invoice.
Pro-rate basis refund

Pro-rate basis refund

In the event of a total loss, combined total loss, or theft claim during the first or second year of the policy, you have the option to claim your vehicle’s MRP as compensation.
View More
Why Sbi General Insurance
Why Choose Long-Term Two-Wheeler Insurance Policy

Get Protection Against A Range Of Insured Events For 2-3 Years At A Stretch

SBI General’s Long-Term Two-Wheeler Insurance Policy provides extensive protection against third- party liabilities. The Company will indemnify the Insured against loss or damage to the vehicle insured.

Who can buy this policy? The Motor Vehicle Act, 1988 mandates all two-wheeler owners purchasing new two wheeler to invest in a Two-Wheeler Insurance Policy to enjoy the right to ride their vehicles.

What is Covered Under Long Term Two Wheeler Insurance Policy?

Take a look at the various features of the Long Term Two Wheeler Insurance offered by SBI General Insurance.

      • No hassle of annual renewals.
      • Long term policy for 2 or 3 years with discounted premium.
      • In case of a Total Loss/ Combined Total Loss/ Theft claim of your two wheeler in the policy, during the first or second year, you can avail a refund on pro- rate basis on the unexpired period.
      • No effect of change in Third Party Liability Premium during the policy period.
      • No effect of change in Service Tax during the policy period.
      • Third party liability: Protects against any legal liability arising out of the use of the vehicle, towards third parties arising on accidental bodily injury to / on death of a person and any damage caused to third party property involving your Two-Wheeler. 
      • Loss or damage to the vehicle- The policy covers against any accidental loss or damage caused to the vehicle or its accessories due to the following:  
      • Fire, explosion, self-ignition, accidental damage by external means. 
      • Any damage in transit by road, rail, inland waterway, lift, elevator or air.  
      • Lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide. 
      • Burglary, theft, riot, strike, malicious act, terrorist activity. 
      • Any loss/damage to the vehicle and/or its accessories will be not be covered if caused by the following-

      • Normal wear, tear and general ageing of the vehicle.
      • Depreciation or any consequential loss.
      • Mechanical/ electrical breakdown.
      • Vehicle being used otherwise than in accordance with limitations as to use.
      • Damage to / by a person driving the vehicle without a valid license.
      • Damage to / by a person driving the vehicle under the influence of drugs or liquor.
      • Loss/ damage due to war, mutiny or nuclear risk.
      • ** Please refer to the policy wordings for complete list of exclusions.

Key Features

    • No hassle of annual renewals.
    • Long term policy for 2 or 3 years with discounted premium.
    • In case of a Total Loss/ Combined Total Loss/ Theft claim of your two wheeler in the policy, during the first or second year, you can avail a refund on pro- rate basis on the unexpired period.
    • No effect of change in Third Party Liability Premium during the policy period.
    • No effect of change in Service Tax during the policy period.

What’s Covered 

    • Third party liability: Protects against any legal liability arising out of the use of the vehicle, towards third parties arising on accidental bodily injury to / on death of a person and any damage caused to third party property involving your Two-Wheeler. 
    • Loss or damage to the vehicle- The policy covers against any accidental loss or damage caused to the vehicle or its accessories due to the following:  
    • Fire, explosion, self-ignition, accidental damage by external means. 
    • Any damage in transit by road, rail, inland waterway, lift, elevator or air.  
    • Lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide. 
    • Burglary, theft, riot, strike, malicious act, terrorist activity. 

What’s Not Covered

      Any loss/damage to the vehicle and/or its accessories will be not be covered if caused by the following-

    • Normal wear, tear and general ageing of the vehicle.
    • Depreciation or any consequential loss.
    • Mechanical/ electrical breakdown.
    • Vehicle being used otherwise than in accordance with limitations as to use.
    • Damage to / by a person driving the vehicle without a valid license.
    • Damage to / by a person driving the vehicle under the influence of drugs or liquor.
    • Loss/ damage due to war, mutiny or nuclear risk.
    • ** Please refer to the policy wordings for complete list of exclusions.
not sure icon

Not sure which plan to settle for?

Get Quick Recommendations

  • RENEW POLICY
  • CLAIM POLICY
  • NETWORK HOSPITALS
RENEW POLICY

Want to Renew Your Existing Policy?

With our quick and seamless renewal process, you can renew your policy effortlessly from the comfort of your home.

Renew Policy
CLAIM POLICY

Want to File a Claim on Your Existing Policy?

Customers’ well-being and convenience are top priority for us. We offer a hassle-free claim process & provide thorough claim assistance.

Claim Now
NETWORK HOSPITALS

Looking for Your Nearest Cashless Hospital?

Benefit from our wide range of network hospitals & avail cashless treatment without any inconvenience.

Find Hospitals

At SBI General, we know that Trust is Earned.

FAQs about Long Term Two Wheeler Insurance Policy

Here are the commonly asked questions about Long Term Two Wheeler Insurance Policy

A Long-Term Two-Wheeler insurance policy relieves you from renewing your motor insurance policy every year. With the SBIG Long-Term Policy, you get coverage for a period of 3 years. No renewal hassle for 3 years.

A Long-Term Two-Wheeler insurance policy freezes the premium rates for the entire policy tenure. Which means the premium amount remains the same throughout the policy term. Thus, it erases possible hikes in premium (such as third-party rate revisions and service charges) every year.

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. (Please get in touch with our nearest branch.)

You can renew your Two-Wheeler insurance policy by simply visiting our website or contacting us at our toll-free number.

No, you cannot buy a three-year Two-Wheeler insurance policy for your own damage coverage. However, you can purchase two or three years of comprehensive or stand-alone third-party bike insurance for your bike or scooter.

Product UIN

IRDAN144RP0003V01201819

Disclaimer:

The above information is indicative in nature, for more details on complete coverage, terms and conditions, please contact our nearest office. Also read the policy document and sales brochure carefully before concluding a sale.

Footer Banner