Providing out-of-the-ordinary performance and eye-catching looks, KTM has by far been the most popular sportbike manufacturer in India. KTM Adventure is no exception and therefore, is one of the top choices for motorists who wish to get a stylish performance machine. KTM Adventure is one of the best bikes in the market for you if you are a touring enthusiast and love to go on road trips on your bike.
If you are planning to buy KTM Adventure, you are about to make a great decision. However, before you take your bike to the road, make sure to buy a valid KTM Adventure insurance policy. As per The Motor Vehicles Act, 1988, it is illegal to drive your two-wheeler on the road without having at least liability insurance. With our wide range of policies that offer extensive coverage, IFFCO-Tokio can be of help in this regard.
You mainly get two types of policies to choose from when you set out to buy KTM Adventure insurance, comprehensive KTM Adventure bike insurance policy, and third-party KTM Adventure bike insurance policy. While the first type of policy that offers third-party coverage is mandatory by the law, the latter is preferred more due to its comprehensive coverage.
Accidents are unpredictable and can befall you even if you are a skilled rider. To be prepared for such unpredictable incidents is the main reason as to why you should get yourself an apt KTM Adventure insurance policy. Getting your KTM Adventure bike insurance policy from IFFCO-Tokio will keep you financially covered in the event of an accident and give you the most precious thing: complete peace of mind.
If you buy a third-party KTM Adventure insurance policy, you will be covered against the legal and financial liabilities of the third party that you need to bear.
Alternatively, a comprehensive KTM Adventure insurance policy will cover you not only against the third-party damages but also for the damage that you incur in an accident. A comprehensive KTM Adventure insurance policy also covers you against man-made and natural calamities like earthquakes, floods, landslides, thefts, riots, and so on.
You can either buy a KTM Adventure insurance policy by visiting the IFFCO-Tokio office near you or simply purchase the policy online. If you wish to buy the KTM Adventure insurance policy online, just follow these 3 simple steps -
Go to our website, fill up your name and mobile number. After this, fill in the details about your bike regarding its model and registration number. You will then be able to view all the add-ons that are available with the KTM Adventure insurance policy.
Choose a KTM Adventure insurance policy that suits your budget and coverage requirements. If you opt to buy a comprehensive KTM Adventure insurance policy, you can even include various add-ons.
Once you have selected the right KTM Adventure insurance policy for you, proceed to make the payment on our secure website. Once the payment process is completed, the insurance policy will be mailed to you instantly.
You can visit our offices and find the right KTM Adventure bike insurance policy for you with the help of our sales representatives. However, if you buy the policy online, you would be able to enjoy the following benefits -
Buying your policy online is made swift and easy with the help of our intuitive website design.
You can buy your KTM bike insurance policy any time and at any place you find convenient.
When you buy your KTM Adventure bike insurance policy online, you do not need to maintain a complicated paper trail as the digital copy of your insurance is mailed to you instantly after you make the payment for the same.
This would depend on whether you go for a third-party KTM Adventure bike insurance policy or a comprehensive KTM Adventure two-wheeler insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive KTM Adventure insurance policy is considered to be the ideal choice for any policyholder. This is because this type of policy covers the third party and also the policyholder. Here’s what the comprehensive KTM Adventure two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your KTM Adventure 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.
Types of bike insurance we provide:
Third-party KTM Adventure two-wheeler insurance policy 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 KTM Adventure two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive KTM Adventure two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive KTM Adventure 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 KTM Adventure two-wheeler insurance policy.
Premium is the cost of your KTM Adventure 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 KTM Adventure two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your KTM Adventure two-wheeler insurance policy is known as coverage. The coverage of a KTM Adventure insurance policy will vary based on the insurance provider and the type of KTM Adventure two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your KTM Adventure two-wheeler 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 KTM Adventure insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your KTM Adventure 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 with 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%(FY21).
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.
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