Two Wheeler

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On Two Wheeler insurance

*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

Key Features of Oriental Bike Insurance

Key Features Explanation
Founding Year1947
Network Garages3100+
Claim Settlement Ratio91.64%
Customer Support24/7
Add-Ons Available
Third-Party LiabilitiesCovered

Types of Oriental Bike Insurance

Oriental Insurance offers three types of bike insurance plans. Each plan gives a different level of safety for your bike.
  • Third-Party Bike Insurance

    This is the basic insurance plan. It covers damage or injury caused to another person or their property by your bike. It does not cover damage to your own bike. This insurance is required by law for all bikes.

  • Comprehensive Bike Insurance

    This plan gives full protection. It covers damage to your bike and also damage or injury caused to others. It also covers accidents, theft, fire, and natural disasters. This plan costs more because it gives more coverage.

  • Own-Damage Bike Insurance

    This plan covers only your own bike. It protects your bike from accidents, fire, theft, and natural disasters. It does not cover damage to other people, so it costs less than comprehensive insurance.

Bike Insurance Plans By Oriental

Benefits of Buying the Oriental Bike Insurance Plan

Below are some simple reasons why you should choose an Oriental two-wheeler insurance plan:

  • 01

    Multiple Insurance Plans

    Oriental offers different types of bike insurance plans, such as third-party, comprehensive, and own-damage plans. You can choose a plan that fits your needs and budget.

  • 02

    Add-On Covers for Extra Safety

    Oriental allows you to add extra coverage to your bike insurance. These add-ons give more protection and help cover extra repair costs when needed.

  • 03

    Protection Against Accidents and Theft

    Oriental Bike Insurance covers damage caused by accidents and also protects you if your bike is stolen. This helps reduce your financial loss.

  • 04

    Covers Natural Disasters

    The insurance plan covers damage caused by floods, storms, fire, and other natural events. This keeps your bike safe in unexpected situations.

  • 05

    Easy and Simple Claim Process

    Oriental makes the claim process simple. You can report a claim easily and get help for bike repairs without stress.

  • 06

    Affordable Premium

    Oriental Bike Insurance comes at reasonable prices. It gives good coverage without putting pressure on your pocket.

  • 07

    No Claim Bonus Benefit

    If you do not make any claim during the policy period, you get a No Claim Bonus. This gives you a discount when you renew your insurance.

  • 08

    Trusted Government Company

    Oriental Insurance is a government-owned company. This makes it reliable and trustworthy for long-term insurance needs.

Available Add-Ons in Oriental Bike Insurance

Oriental Bike Insurance offers many useful add-on covers. These add-ons give extra protection to your bike and help you save money on repairs or losses.
  • Zero Depreciation Cover

    This add-on helps you get more claim money when your bike is repaired. The insurance company does not reduce the value of old parts, so you pay less from your own pocket.

  • No Claim Bonus (NCB) Protection Cover

    This cover keeps your No Claim Bonus safe even if you make a claim. It helps you get a discount when you renew your bike insurance.

  • Return to Invoice Cover

    If your bike is stolen or damaged beyond repair, this cover pays the original price of your bike. It helps you avoid a big financial loss.

  • Roadside Assistance Cover

    This add-on helps you when your bike breaks down on the road. You can get help like towing, fuel delivery, flat tyre support, or small repairs.

  • Engine Protection Cover

    This cover protects your bike engine from damage caused by water entry or oil leakage. These problems are usually not covered in basic insurance.

  • Tyre Protection Cover

    This add-on covers the cost of repairing or replacing tyres damaged due to cuts, bursts, or accidents.

  • Key and Lock Replacement Cover

    If your bike keys or locks are lost or stolen, this cover pays for replacing them. It helps avoid sudden expenses.

  • Personal Accident Cover for Pillion Rider

    This cover gives financial help to the pillion rider in case of an accident. It helps pay medical bills or gives compensation for serious injury or death.

Oriental Bike Insurance Policy Coverage

 

What it Covers

  • Oriental bike insurance covers the following situations:

  • Damage or loss caused by fire, explosion, or lightning.

  • Damage caused by man-made problems like riots, strikes, or terrorism.

  • Damage or loss due to natural disasters such as floods, earthquakes, storms, or hurricanes.

  • Loss or damage if your bike is stolen or damaged during theft or burglary.

  • Money support if your bike is damaged in an accident.

  • Damage to your bike while it is being transported by road, rail, air, water, or elevator.

What Does it not Cover

  • Oriental bike insurance does not cover the following:

  • Normal wear and tear or loss in value of bike parts over time.

  • Mechanical problems or engine breakdowns.

  • Accidents that happen when the rider is drunk or under the influence of drugs.

  • Damage if the rider does not have a valid driving licence at the time of the accident.

  • Any indirect losses related to the bike.

  • Damage to tyres or tubes unless the bike is also damaged in the same accident.

Documents Required for Buying Oriental Bike Insurance

Documents Required for Buying Oriental Bike Insurance

  • To buy Oriental Bike Insurance, you need a few basic documents. These documents make the buying or renewal process easy and fast.Bike Registration Certificate (RC)Valid Driving LicenceAadhaar Card or PAN CardBike Engine Number or Chassis NumberPrevious Bike Insurance Policy details (if any)

  • How to Buy Oriental Bike Insurance from Square Insurance?

  • Buying Oriental Bike Insurance from Square Insurance is simple. Just follow these easy steps:Step 1: Visit the Square Insurance website at www.squareinsurance.in.Step 2: Click on “Bike Insurance” under the Insurance Products section.Step 3: If your bike is new, click on “Got a New Two-Wheeler.”Step 4: If your bike is old, enter your bike registration number and click on “View Plans.”Step 5: Fill in simple details like RTO, bike brand, model, variant, and registration year.Step 6: Compare the available plans and choose the Oriental Bike Insurance plan that suits you best.

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