Magma Comprehensive Bike Insurance

Magma Comprehensive Bike Insurance gives complete protection for your two-wheeler. It combines third-party insurance with Read More

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Premium coverage starts at ₹ 457*

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It also covers third-party injury, death, or property damage, along with legal liabilities. You can increase protection by choosing optional add-ons such as Zero Depreciation, Engine Protection, and Roadside Assistance.

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Key Features of Magma Comprehensive Bike Insurance

Here are the main features of Magma Comprehensive Bike Insurance:

01
Complete Coverage
Includes both third-party liability and damage to your own bike.
02
Accident Repair Cover
Pays for repair costs if your bike is damaged in an accident or collision.
03
Fire and Theft Protection
Covers loss or damage caused by fire, explosion, or theft.
04
Natural Calamity Cover
Protects against damage caused by floods, earthquakes, storms, cyclones, or landslides.
05
Man-Made Event Cover
Covers losses due to riots, strikes, vandalism, or malicious acts.
06
Optional Add-On Covers
Allows you to add covers like Zero Depreciation, Engine Protection, and Roadside Assistance.
07
Personal Accident Cover
Provides financial support to the owner-rider in case of accidental injury or death.
08
Cashless Repair Facility
Enables cashless repairs at authorised network garages for approved claims.
09
Easy Claim Process
Offers a simple and guided claim process for customer convenience.

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What Does Magma Comprehensive Bike Insurance Cover and Not Cover?

What it Covers

Magma Comprehensive Bike Insurance provides broad protection for your two-wheeler in many situations. The coverage generally includes:
Liability cover for injury, death, or property damage caused to a third party.
Repair costs for your bike if it is damaged.
Compensation if your bike is stolen or completely lost due to theft.
Protection against damage caused by fire, explosion, or self-ignition.
Coverage for losses caused by natural events.
Coverage for damage due to man-made incidents.
Personal accident cover for the owner-rider.
Cashless repair facility at authorised network garages, subject to claim approval.
Option to enhance coverage with add-ons like Zero Depreciation, Engine Protection, and Roadside Assistance.

What Does it not Cover

Here are the common exclusions under Magma Comprehensive Bike Insurance:
Riding the bike without a valid driving licence.
Riding under the influence of alcohol or drugs.
Damage caused by careless actions, such as leaving the bike unlocked.
Normal wear and tear or ageing of bike parts.
Mechanical or electrical failure not linked to an accident.
Damage caused during racing, stunts, or illegal use of the bike.
Using a private bike for commercial purposes.
Claims raised after the policy expiry date.

Disclaimer: Always refer to your policy documents to know the exact coverage.

Why Magma Comprehensive Bike Insurance Is Important

Here are the key reasons why Magma Comprehensive Bike Insurance is important:

Protects your bike and others
Covers damage to your bike and also pays for third-party injury or property loss.
Provides financial protection
Helps you avoid high repair costs and legal expenses after an accident.
Covers theft and natural disasters
Protects your bike against theft and damage caused by floods, earthquakes, storms, or fire.
Allows extra coverage through add-ons
Lets you choose add-ons like Zero Depreciation, Engine Protection, and Roadside Assistance.
Offers cashless repair facility
Allows repairs at network garages without paying upfront for approved claims.
Gives peace of mind
Wide coverage and an easy claim process help you ride without stress.