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Two-Wheeler Insurance
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FAQs
What is Third-Party Two-Wheeler Insurance?
A Third-Party (TP) Two-Wheeler insurance policy is mandatory in India under Section 146 of the Motor Vehicles Act, 1988
Third-Party insurance covers damages or injuries caused to third-party individuals or their property in case of an accident involving the insured vehicle
If the insured vehicle causes “third-party” property damage, Shriram General Insurance Company will offer compensation up to Rs. 1,00,000/- for Two-Wheelers
Unlimited Third-Party personal liability coverage will be provided, i.e. whatever the court awards as the liability to the third-party due to accidental death or injuries caused by the insured vehicle
Shriram Third-Party Two-Wheeler Insurance Claim Process
step 1
step 2
step 3
Register your Claim
Register a claim online at the
Shriram General Insurance website
or over the phone at 1800-300-30000/1800-103-3009 or through the MYSGI App
You will be contacted by our customer service team and guided throughout the Two-Wheeler Insurance claim process
Submission of Required Documents
Submission of the required documents
(FIR copy, Registration certificate, duly signed claim form, goods receipt and other required documents) is mandatory to proceed with the claim process further
Verification and Claim Settlement
After receiving the documents, our dedicated surveying team will begin the validation process. Upon completion of the survey, the funds will be sent directly to the recipient
Own-Damage to the vehicle due to natural calamities
Third-Party damage to the vehicle
Third-Party damage to property
Compulsory Personal Accident Cover
Theft of the vehicle
Cashless Claims
No Claim Bonus (NCB)
Riders/Add-ons
Frequently Asked Questions
What does Third-Party insurance policy cover?
Third-Party bodily injury
Any injury caused to a third-party individual in the accident is covered under Third-Party Two-Wheeler Insurance
Third-Party property damage:
Any damages caused to the property of a third-party, such as their vehicle or other property, are covered under Third-Party Two-Wheeler Insurance
How is the premium for Two-Wheeler Insurance calculated in India?
The premium for Two-Wheeler Insurance
in India is calculated based on various factors, including the type of the vehicle, make, model and variant, age, location and the extent of coverage required by the policy holder
Is comprehensive Two-Wheeler Insurance mandatory in India?
No, comprehensive Two-Wheeler Insurance is not mandatory in India, but it is recommended to protect vehicle owners against financial losses