Kotak Long Term Two Wheeler Secure

Your two wheeler takes you on endless joyrides, provides you with a spirit of adventure and freedom to traverse distances. With our Two Wheeler Policy, we secure your every ride be it to work, home or leisure so that you can continue enjoying your joyrides, adventures and freedom without any worries

6 Ratings

Key benefits

Loss or Damage Cover - We cover your two wheeler in case of loss or damage caused by natural calamities (such as; fire, explosion, self-ignition/lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide, etc.) or man-made calamities (such as; burglary, theft, riot, strike, malicious act, accidental external means, terrorist activity, damage in transit by road, rail, inland waterway, lift elevator or air, etc.)

Liability to Third Party - Protection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.

Note: As per Supreme Court directive, insurance for new two wheelers will have mandatory 5 year third party insurance cover. Please call on 1800 266 4545 for more details.

Personal Accident Cover for Owner Driver - Coverage of ₹ 15 lakhs for the individual driver of the vehicle while travelling, mounting or dismounting from the car. Optional personal accident covers for co-passengers are also available.


Choose from multiple tenure - You can now choose a policy tenure of 1, 2 or 3 years. Choosing a longer tenure means additional discounts & hassle free coverage without having to renew your policy every year.

No increase in the Third party premium - For 2 and 3 year policies

Inbuilt PA – The policy comes with an inbuilt personal accident cover to secure your finances in case of any injury due to an accident.

No Claims Bonus – Enjoy attractive discounts based on your previous claims history

Additional Discounts – If you’re an active member of a recognized Automobile Association of India (AAI), you can enjoy a n additional discount on your insurance premiums.

Register a Claim/Claim Process

Reimbursement Process

Step 1: Call us on 1 800 266 4545 (8 a.m. – 8 p.m.) and intimate us about your claim with the details of your policy

Step 2: Submit all bills along with your policy details to us and we will make the payment within 7 working days of completion of documentation


What is IDV?

The Insured's Declared Value (IDV) of the vehicle is the maximum Sum Assured fixed by the insurer at the beginning of each policy period for the insured vehicle. If the vehicle suffers total loss, the IDV is the compensation that the insurer will provide to the policyholder.

What should the IDV of my vehicle be?

The IDV of the vehicle is fixed on the basis of the manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance or at renewal, and is adjusted for depreciation (as per the schedule specified below). The IDV of the sidecar(s) and/or accessories, if any, fitted to the vehicle, but not included in the manufacturer's listed selling price of the vehicle is also likewise to be fixed.

Age of the Vehicle % Depreciation for Fixing IDV
Not exceeding 6 months 5%
Exceeding 6 months but not exceeding 1 year 15%
Exceeding 1 year but not exceeding 2 years 20%
Exceeding 2 years but not exceeding 3 years 30%
Exceeding 3 years but not exceeding 4 years 40%
Exceeding 4 years but not exceeding 5 years 50%

What is an endorsement?

An endorsement is written evidence of an agreed change in policy terms.

How long is my insurance cover valid for?

Typically, general insurance contracts are for a period of one year, unless stated otherwise. Please check your policy certificate cum schedule to determine the period of coverage

Waiting Period/Exclusions

We at Kotak General Insurance believe in a transparent claims process. Here’s a list of exclusions that are not covered under this Policy.

  • Normal wear and tear and general ageing of the vehicle.
  • Depreciation or any consequential loss
  • Damage to/by a person driving any vehicles or cars without a valid license
  • Damage to/by a person driving the vehicle under the influence of drugs or liquor
  • Mechanical/electrical breakdown
  • Loss/damage due to war, mutiny or nuclear risk
  • Vehicles including cars being used otherwise than in accordance with limitations as to use
  • Wear and tear of consumables like tyres and tubes unless the vehicle is damaged at the same time, in which case the liability of the company shall be limited to 50% of the cost of replacement.

Customer Speak

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