Zuno Zero Depreciation Bike Insurance Add-On

Benefits of Zuno Zero Depreciation Bike Insurance

• Here are the main benefits of buying National Insurance Zero Depreciation Bike Insurance:Higher Claim Amount You get a higher payout because there's no depreciation deduction, so you can cover more repair costs.Full Coverage for Parts Expensive parts like plastic, rubber, and fibre are covered at their full value.Stress-Free Repairs The claim process is smoother and more predictable, making repairs less stressful.Lower Out-of-Pocket Expenses You pay less for repairs after an accident because the insurance covers more.Ideal for New Bikes This insurance is great for new bikes or expensive bikes with high-cost parts.Useful in City Traffic It helps cover small damages that happen often in busy city traffic.Cost-Effective Add-On It provides strong protection at a small extra cost, making it a good deal for your bike.

Depreciation Rate of Bike - Without and With Zuno Zero Depreciation Add-On

• Age of Bike	Without Zero Depreciation add on	With Zero Depreciation add on
  Under 6 months	Nil	0%
  6 months to 1 year	5%	0%
  1 to 2 years	10%	0%
  2 to 3 years	15%	0%
  3 to 4 years	25%	0%
  4 to 5 years	35%	0%
  5 to 10 years	40%	0%
  More than 10 years	50%	0%

Depreciation Rates According to the Parts of the Bike

• Parts of a Bike	Without Zero Depreciation	With Zero Depreciation
  Rubber/Nylon/Plastic parts	50%	0%
  Fibre Glass Parts	30%	0%
  Glass Parts	Nil	0%

  Disclaimer: The given depreciation rates in the above tables are indicative. Check your policy document to get the exact terms and conditions.

Inclusions of Zuno Zero Depreciation Bike Insurance

• Here is what Zuno Zero Depreciation Bike Insurance covers:Pays the full cost to repair or replace your bike without reducing the value for depreciation.Covers parts like plastic, rubber, and fibre at their full value.Covers damage from accidents, fire, theft, and natural disasters.Allows cashless repairs at 3,500+ Zuno network garages.Reduces the amount you have to pay from your own pocket during claims.

Exclusions of Zuno Zero Depreciation Bike Insurance

• Here is what Zuno Zero Depreciation Bike Insurance does not cover:Total loss or theft claims are settled as per the bike’s Insured Declared Value (IDV)Damage caused while riding under the influence of alcohol or drugsRiding the bike without a valid driving licenceNormal wear and tear or mechanical/electrical breakdownTyres, tubes, nuts, bolts, and consumables, unless specifically includedMandatory deductibles that must be paid by the policyholder

Factors Affecting the Zero Depreciation Cover of National Bike Insurance

• Here is what Zuno Zero Depreciation Bike Insurance does not cover:Total loss or theft claims are settled based on the Insured Declared Value (IDV).Damage caused while riding under the influence of alcohol or drugs.Riding without a valid driving licence.Normal wear and tear or mechanical and electrical breakdowns.Tyres, tubes, nuts, bolts, and consumables unless specifically covered.Mandatory deductibles that must be paid by you, the policyholder.

Steps to Buy Zuno Zero Depreciation Bike Insurance from Square Insurance

• Here is how you can easily buy Zuno Zero Depreciation Bike Insurance:Step 1: Visit Square Insurance Go to the Square Insurance website and select the bike insurance option.Step 2: Enter Bike DetailsIf you have a new bike, click on "Got a New Two-Wheeler."If you already have a bike, enter the registration number and click “View Plans.”Step 3: Fill in Bike Information Enter details like your bike’s RTO, make, model, variant, and registration year.Step 4: Compare Insurance Plans Look at the available bike insurance plans and choose Zuno after comparing the premiums and features.Step 5: Select Zero Depreciation Add-On In the add-ons section, choose Zero Depreciation. You can also add covers like engine protection or roadside assistance.Step 6: Check Eligibility Make sure your bike is eligible for zero depreciation cover. Usually, bikes up to 5 years old qualify.Step 7: Enter Details and Make Payment Fill in your personal details, nominee details, and vehicle details, then make the payment using UPI, debit/credit card, or net banking.Step 8: Get Your Policy After the payment is done, your Zuno Zero Depreciation Bike Insurance policy will be sent to your registered email.