Bajaj Auto Ltd. is an Indian automobile giant. It predominantly manufactures bikes and scooters but is also known for making auto rickshaws. Bajaj is one of the best bike companies providing bikes in India. The Bajaj Avenger is one of the best models manufactured by the company. It is known for its distinctive and classic look.
Purchasing a Bajaj Avenger is definitely a good decision. But you must keep in mind that when you buy the bike, you will also have to buy a Bajaj Avenger two-wheeler insurance policy. As per the Motor Vehicles Act, 1988, it is mandatory for every vehicle owner to have at least basic liability insurance for their two-wheeler. Hence, without possessing a proper Bajaj Avenger two-wheeler insurance policy, you cannot ride your bike in India.
IFFCO-Tokio can help you in this regard with its specially designed bike insurance plans that offer complete coverage. You can either choose to buy a basic third- party Bajaj Avenger two-wheeler insurance policy or a comprehensive insurance plan according to your budget and preferences. The Bajaj Pulsar is an excellent choice, no doubt. However, before you take it out for a ride, you need to ensure that you have bike insurance for coverage against any kind of mishap. As per The Motor Vehicles Act, 1988, you cannot ride or drive on Indian roads without having a valid vehicle insurance policy. IFFCO-Tokio General Insurance Co. Ltd. can help you with this with its well-designed bike insurance plans offering complete coverage.
When it comes to buying a bike insurance policy, you can either go for the basic third-party insurance policy or the comprehensive insurance policy along with various different add-ons. You can easily get an insurance plan that suits your needs and budget at IFFCO-Tokio General Insurance Co. Ltd.
The roads are unpredictable and accidents can occur anytime and anywhere. This is why it is important for you to financially secure yourself with proper coverage. A Bajaj Avenger insurance policy from IFFCO-Tokio will make sure that your finances are secured if you meet with a mishap while riding your two-wheeler.
If you decide to go for a third-party Bajaj Avenger bike insurance policy, you will get covered for third-party liabilities that arise in an accident.
If you opt for a comprehensive Bajaj Avenger bike insurance policy, you will be covered against third-party liabilities along with own damages. Along with that, a comprehensive Bajaj Avenger two-wheeler insurance policy will also cover you for damages to your bike during natural and man-made calamities. Now, that is true peace of mind.
You can visit one of the IFFCO-Tokio offices and seek advice from one of our insurance experts. They will guide you with the process of getting your Bajaj Avenger two-wheeler insurance plan.
Or, you can also go to the official website of IFFCO-Tokio and get your Bajaj Avenger insurance coverage online by following these 3 easy steps.
Go to the official website of IFFCO-Tokio and fill in a few basic details about yourself and your bike in order to buy your Bajaj Avenger insurance plan.
Choose from one of our many Bajaj Avenger insurance plan options available. You can also include several add-ons to maximize your coverage if you opt for a comprehensive Bajaj Avenger insurance policy.
Make a secure payment on our site. You will receive your Bajaj Avenger insurance policy in your email!
Bajaj Avenger bike insurance policy can be bought online easily. Here are the benefits of buying a policy online:
The entire process of buying a Bajaj Avenger two-wheeler insurance policy online can be done with just a few clicks
One can buy the Bajaj Avenger insurance policy as per their convenience at any time
There is no need to maintain paper documents when you buy a Bajaj Avenger two-wheeler insurance policy online
This would depend on whether you go for a third-party Bajaj Avenger insurance policy or a comprehensive insurance policy.
Coverage Under A Third-Party Bike Insurance Policy
Coverage Under A Comprehensive Bike Insurance Policy
A comprehensive Bajaj Avenger insurance policy is considered to be the ideal choice for any policyholder. This is because a comprehensive Bajaj Avenger two-wheeler insurance policy covers the third-party and also the policyholder. Here’s what this Bajaj Avenger bike insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Bajaj Avenger bike insurance policy.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India:
Need to buy bike insurance? There are two types of plans you can choose from i.e. third-party cover & comprehensive insurance. Both of these plan offer different level of protection. See which one of these plans is better suited for you
Third-party insurance only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike
Comprehensive bike insurance covers both third-party liabilities as well as own-damage to your bike. It also covers both natural and man-made calamities. These plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Bajaj Avenger two-wheeler insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Bajaj two-wheeler insurance policy.
Premium is the cost of your Bajaj Avenger insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of long-term plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a bike insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Bajaj Avenger bike insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Bajaj Avenger insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Bajaj Avenger two-wheeler insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
For 20 years, we have been servicing our customers with a wide range of insurance policies.
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%.
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through our QCS app: If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) app. All you have to do is upload related documents, photos, and videos of the damages you want to make a claim for. We will review the documents and other details uploaded by you and approve your claim (we have a claim settlement ratio of 95.80%). After this, the estimated amount for repairs will be sent to your bank account within minutes. Please note, for claims made through an application, the maximum claim amount will be Rs. 20,000.
You can register a claim for compensation online or by reaching us on 1800-103-5499.
To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, go to ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with further procedure.
The add-ons on my IFFCO-Tokio comprehensive two-wheeler insurance plan are great.
Rated by: Deepak Parikh
IFFCO-Tokio provides great comprehensive insurance plans!
Rated by: Vaishali Kadam
IFFCO-Tokio has so many network garages so taking my bike insurance plan from them was a smart decision.
Rated by: Anjan Bhawalkar
I was looking for quotes on bike insurance policies and IFFCO-Tokio provided the best deal.
Rated by: Tapan Hinduja
I got my Honda Hornet insured by IFFCO-Tokio and I am very happy with my decision.
Rated by: Rohit Mehta