Bajaj Auto is the world’s 3rd largest and India’s 2nd largest motorcycle manufacturer. It has around 12% market stake by units sold in India. It is known for providing the most fuel efficient and reliable two wheelers. One of those is Bajaj V12.
Get a Bajaj V12 two-wheeler insurance policy before you take your loved one on a long drive on that bike. An insurance policy will financially cover your bike in case it meets an unfortunate street mishap. According to the Motor Vehicles Act, 1988, every vehicle owner in India should have a motor insurance policy before their vehicles are driven on Indian streets. IFFCO Tokio provides a good Bajaj V12 two-wheeler insurance cover that financially secures you and your bike when you drive it on streets.
Bike insurance plans are of 2 types: a basic third party bike insurance policy and a comprehensive Bajaj V12 two-wheeler insurance policy. A policy buyer also gets a chance to get additional insurance cover in the form of add-ons. You can get insurance policies that suit your requirements and fit your budget from IFFCO Tokio.
Even if you are a good driver, you cannot be certain about your safety when you drive on streets as accidents can happen at any time. Hence, you should get a good insurance cover for your bike. Bajaj V12 two-wheeler insurance plans from IFFCO Tokio will financially cover you and your bike.
If you buy a third party Bajaj V12 insurance policy, you will be financially protected against liabilities towards the affected third-party if your bike meets an accident.
If you buy a comprehensive coverage Bajaj V12 bike insurance policy, you will get all the benefits of a third party bike insurance policy. Apart from that, your bike will be insured against damages to it due to a natural or manmade calamity like earthquake, floods, theft, burglary, or riots.
You can visit one of the IFFCO Tokio’s offices to get help to buy a Bajaj V12 two-wheeler insurance policy or visit IFFCO Tokio website to do the same online. Our website is easy to navigate and you can buy an insurance cover from there is 3 easy steps.
The 2 different ways to buy Bajaj V12 insurance policy are:
Buy a Bajaj V12 insurance policy from any IFFCO Tokio office. Our employees will help you select the right policy.
Visit the IFFCO Tokio website and follow the following 3 simple steps to buy Bajaj V12 insurance policy.
Visit our website and login using your name and mobile number. Enter your bike registration number and model number to proceed. After you do this, you will see various Bajaj V12 insurance plans.
Select the Bajaj V12 bike insurance policy that suits your needs and fits your budget the best. You can customise that insurance cover with add-ons offered by IFFCO Tokio.
Finally, buy the Bajaj V12 bike insurance policy by making payment conveniently and safely from your house using an online payment method. Subsequently, the policy papers will be emailed to your inbox.
You are recommended to buy Bajaj two-wheeler insurance policy online for following reasons:
You do not need to keep a hard copy of your Bajaj V12 two-wheeler insurance cover. The policy papers will be emailed to you.
You can complete the Bajaj V12 bike insurance policy buying process in 3 easy steps.
You can buy this Bajaj V12 insurance policy at any time that is convenient for you.
This would depend on whether you go for a third-party Bajaj V12 insurance policy or a comprehensive insurance policy.
Here are some recommended add-ons that can widen the coverage of your Bajaj V12 bike insurance policy.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India.
Types of bike insurance we provide:
Third-party Bajaj V12 two-wheeler insurance policy only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike.
Comprehensive Bajaj V12 two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive Bajaj V12 two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Bajaj V12 two-wheeler insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Bajaj V12 two-wheeler insurance policy.
Premium is the cost of your Bajaj V12 insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of long-term Bajaj V12 two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your Bajaj V12 two-wheeler insurance policy is known as coverage. The coverage of a bike insurance policy will vary based on the insurance provider and the type of Bajaj V12 two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Bajaj V12 bike insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Bajaj V12 insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Bajaj V12 two-wheeler insurance policy using some very basic information. To calculate the premium of your Bajaj V12 insurance plan, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
4300+ Network Garages
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
Quick Claim Settlement
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
Trusted Brand
For 20 years, we have been servicing our customers with a wide range of insurance policies.
Claims Experience
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%.
Award Winning Protection
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Wide Network of Branches
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
