Frequently Asked Questions about Bike Insurance

The insured has to reach us through the branch and apply for policy cancellation with a proper reason for cancellation. Immediately the request will be processed and the Own Damage (OD) part of the policy will be cancelled with an applicable refund. Since the TP-only policy is mandatory as per Section 146 of the Motor Vehicles Act, 1988, it cannot be cancelled. Once the insured presents documents of the TP policy of the same vehicle from another insurer, the TP policy will be cancelled by us

Yes, you can sell the two-wheeler to another person. As a process, we will change the name of the buyer through name transfer endorsement and the policy will be transferred to a new owner. The buyer has to apply for an insurance transfer in his name with us within 14 days from the vehicle transfer date

Following are the types of Shriram Two-Wheeler Insurance policy period

• 1 year, consisting of Own Damage cover for one year and Third-Party cover of 1 year (For Other Than New)
• 2 years, consisting of Own Damage cover for two years and Third-Party cover of 2 years (For Other Than New)
• 3 Years, consisting of Own Damage cover for three years and Third-Party cover of 3 years (For Other Than New)
• 5 Years Long term bundled policy, consisting of Own Damage cover for one year and ThirdParty cover of 5 years (For New Only)

• Avoid Legal Penalties
• More Add-on Options
• Comprehensive Cover
• Hassle-free Claim Assistance
• Zero Paperwork Digital Process
• 100% Cashless Claims

Your vehicle will be protected against theft, loss and damage under the Shriram Comprehensive Two-Wheeler Insurance policy. In the event of an accident, this coverage will also cover the owner's or rider's accidental expenses. It covers third-party liabilities and own damage losses as well

Any two-wheeler accident that occurs while using an insured vehicle will be covered by Shriram Two-Wheeler Insurance policy and you will be provided with an advocate to represent you in police proceedings and judicial proceedings

No, you cannot pay the premium in instalments. As per Section 64VB of the Insurance Act, 1938, no risk can be started unless the premium is received in advance

In case of an accident or theft, you should immediately contact the insurance provider about the occurrence and lodge a First Information Report (FIR) at the police station and raise a claim

It is now required to link Aadhaar with insurance plans, according to the insurance industry's regulatory body, IRDAI (Insurance Regulatory and Development Authority of India)

The Two-Wheeler Insurance claim will be processed within seven working days on receipt of all the relevant claim documents along with the original repair invoice & satisfaction voucher/discharge voucher & NEFT details

• Go to the Shriram General Insurance website/MYSGI App
• Enter the necessary information, such as your policy number, name, phone number to log into your account
• Select the option to download the Shriram Two-Wheeler Insurance policy

Your Shriram Two-Wheeler Insurance policy number is the bike's unique identification number. On the Shriram Two-Wheeler Insurance policy document, you'll find an 8 to 10-digit number. You can also view this policy number on Two-Wheeler Insurance E-copy

No, the Third-Party (TP) two-wheeler insurance policy is mandatory according to Section 146 of the Indian Motor Vehicles Act of 1988. The Shriram Third-Party Two-Wheeler Insurance covers the owner's legal responsibility to third-party liabilities. However, buying a comprehensive policy that includes Third-Party (TP) and Own Damage (OD) coverage is advisable