କ୍ଷେମା Two-Wheeler Package Policy

Own Damage Cover

Covers loss or damage to the insured two-wheeler due to:

• Accidents
• Fire, explosion, self-ignition or lightning
• Theft, burglary or housebreaking
• Natural calamities such as flood, storm, cyclone or earthquake
• Other specified events as per policy terms

Third-Party Liability Cover

Covers legal liability arising from use of the vehicle for:

• Death or bodily injury to a third party
• Damage to third-party property

Compulsory Personal Accident Cover

Provides personal accident cover to the owner-driver and pillion rider covering:

• Death
• Loss of limbs or eyesight
• Permanent disablement

*Subject to policy limits and conditions, including valid driving licence and the insured being the owner-driver

Important Points to Note

• The Insured Declared Value (IDV) represents the sum insured for the vehicle and serves as the maximum amount payable in the event of a total loss or theft of the insured vehicle.
• Claim settlements are subject to deductibles and depreciation, as applicable under the policy.
• Coverage applies only if the vehicle is used as permitted under the policy terms and conditions.
• Wear and tear arising from the routine running and usage of the vehicle is not covered.
• Loss or damage arising from mechanical or electrical breakdowns is excluded from coverage.
• Claims arising from improper, unauthorized, or negligent use of the vehicle are not covered under the policy.
• Loss or damage caused directly or indirectly by war, mutiny, or nuclear risks is not covered under the policy.
• Loss of accessories due to theft is not covered unless the entire vehicle is stolen at the same time.
• Loss or damage resulting from driving under the influence of alcohol or intoxicating substances is not covered under the policy.
• Coverage is subject to the driver holding a valid and effective driving licence.

*Please refer to the policy wordings for detailed terms and conditions.