Bajaj is one of the most well-known brands in India. Bajaj Auto is the 4th largest bike maker in India in terms of total number of units sold each year. Bajaj V15 has become popular among the uniformed officers of our country thanks to the mettle and the metal that it shares with INS Vikrant.
Any bike fanatic would want to own this bike given its Indian military connection. But before you take this bike for a spin, make sure that you have Bajaj V15 insurance policy in place. Because the Motor Vehicles Act of 1988 has mandated every vehicle owner to buy a motor insurance policy before they cruise in their vehicles. If you haven’t got an insurance policy for your bike yet, know that IFFCO-Tokio has robust Bajaj V15 two-wheeler insurance policies that provide wide coverage with a lot of add-ons available.
While getting a Bajaj V15 two-wheeler insurance policy, you can opt for either third-party insurance policy or a comprehensive Bajaj V15 two-wheeler insurance policy. The former is mandatory to say the least, but if you want full coverage then you can buy the comprehensive coverage policy to cover up against most vulnerabilities to you and your bike.
No matter how good your driving skills are, mishaps can occur anytime. This makes it essential for you to get a Bajaj V15 two-wheeler insurance policy that will provide you with decent coverage. IFFCO-Tokio’s Bajaj V15 two-wheeler insurance policy will help you get the financial protection you need in the unfortunate event of an accident.
Our third-party Bajaj V15 two-wheeler insurance plan will protect your bike against most financial and legal liabilities towards the third-party in case of an unfortunate accident. If you buy our comprehensive Bajaj V15 insurance policy then you get coverage for third-party insurance as well as protection to you and your bike against natural calamities like floods, earthquakes and man-made calamities like theft, riots, burglary etc.
As mentioned earlier, you can opt for a third-party Bajaj V15 bike insurance policy which is mandatory or you can buy our comprehensive Bajaj V15 bike insurance policy as it offers wide coverage and lessens your financial burden.
You can buy Bajaj V15 two-wheeler insurance in one of the two ways
You can head over to any nearest IFFCO Tokio office and get help from our employees in rounding off the formalities of buying a Bajaj V15 insurance policy.
Or you can visit our website to buy a Bajaj V15 insurance policy for your bike in 3 easy steps
Go to our website and fill in your name and your phone number in the required fields. After doing this, fill in the details about your bike. You will, then, get the suitable Bajaj V15 two-wheeler insurance policy.
Once you choose the Bajaj V15 bike insurance policy of your choice, you can get add-ons to customize the Bajaj V15 insurance policy to your taste.
Once you’ve chosen the Bajaj V15 insurance policy and the add-ons then complete the payment of your Bajaj V15 insurance policy and get the Bajaj V15 bike insurance policy documents in your inbox.
We advise you to buy the Bajaj bike insurance policy online as it has 3 benefits:
The policy buying process can be completed in 3 easy steps.
The policy can be brought conveniently from anywhere and at any time.
The Bajaj V15 insurance policy documents will land in your inbox within few moments of buying the policy and there would be no mess of paperwork to worry about.
This would depend on whether you go for a third-party Bajaj V15 insurance policy or a comprehensive insurance policy.
Here are some recommended add-ons that can widen the coverage of your Bajaj V15 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 insurance 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 bike insurance covers both third-party liabilities as well as own-damage to your bike. It also covers both natural and man-made calamities. These plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Bajaj V15 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 V15 two-wheeler insurance policy.
Premium is the cost of your Bajaj V15 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 plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a Bajaj V15 two-wheeler insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Bajaj V15 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 V15 insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Bajaj V15 two-wheeler insurance policy using some very basic information. To calculate the premium, 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.
