Inclusions of Magma Zero Depreciation Bike Insurance

• Magma Zero Depreciation Bike Insurance covers the following:Full repair or replacement cost without depreciation cutsPlastic, rubber, and fibre parts are covered at full valueDamage caused by accidentsLoss or damage due to fire, theft, or natural disastersCashless repairs at Magma network garagesLower personal expenses during claim settlement

Exclusions of Magma Zero Depreciation Bike Insurance

• This add-on does not cover the following situations:Total loss or theft claims (paid as per the bike's IDV)Damage caused while riding under the influence of alcohol or drugsRiding without a valid driving licenceRegular wear and tear of partsMechanical or electrical failuresTyres, tubes, nuts, bolts, and consumable items unless mentionedMandatory deductibles payable by the policyholderDisclaimer: Always refer to your policy documents to know the exact coverage.

Benefits of Magma Zero Depreciation Bike Insurance

• Some key benefits of choosing this add-on are:Higher claim payout as depreciation is not deductedBetter coverage for costly parts, especially plastic componentsReduced out-of-pocket expenses during repairsIdeal for new bikes with expensive spare partsSmooth and stress-free claim processUseful for daily city riders facing frequent minor damagesAffordable add-on that offers strong financial protection

Steps to Buy Magma Zero Depreciation Bike Insurance

• Follow these simple steps to buy Magma Zero Depreciation Bike Insurance online and add better protection to your bike.Step 1: Visit the Magma HDI General Insurance website and click on Two Wheeler Insurance.Step 2: Enter your bike registration number, make, model, and year.Step 3: Choose a Comprehensive or Standalone Own Damage policy.Step 4: Select Zero Depreciation from the add-ons section.Step 5: Check the updated premium and make the payment online.Step 6: Get the policy document to your registered email.