Zuno Third-party Two-Wheeler Insurance
Zuno third-party bike insurance covers any losses or damages caused to a third party. Also, the insurance covers if the third party suffers any injury or death in the accident. Let’s find out more about the insurance.
Major Benefits of Zuno Third-party Two-Wheeler Insurance Plan
The following are the benefits offered by this policy.
Liability To Third Parties:
The Company will indemnify the Insured in the event of an accident caused by, or arising out of the use of the bike against all sums which the Insured shall become legally liable to pay in respect of:
- Death of or bodily injury to any person so far as it is necessary to meet the requirements of the Motor Vehicles Act.
- Damage to property other than property belonging to the Insured or held in trust or in the custody or control of the Insured.
The Company will pay all costs and expenses incurred with its written consent.
The Company may at its own option
- Arrange for representation at any Inquest or Fatal Inquiry in respect of any death which may be the subject of indemnity under this policy and
- Undertake the defense of proceedings in any Court of Law in respect of any act or alleged offense causing or relating to any event which may be the subject of indemnity under this Policy.
Personal Accident Cover for the Owner-driver:
The Company undertakes to pay compensation as per the following scale for bodily injury/ death sustained by the owner-driver of the vehicle in direct connection with the vehicle insured or whilst mounting into/dismounting from or traveling in the insured vehicle as a co-driver, caused by violent accidental external and visible means which independent of any other cause shall within six calendar months of such injury result in:
|Nature of injury||Scale of Compensation|
|Loss of two limbs or sight of two eyes or one limb and sight of one eye||100%|
|Loss of one limb or sight of one eye||50%|
|Permanent total disablement from injuries other than those named above||100%|
What are the general exclusions of Third-Party Insurance offered by Zuno
Exclusions are the conditions for which an insurance company does not cover the damages. The general exclusions of third-party bike insurance policies offered by Zuno are as follows.
Damages that occur due to natural or man-made disasters.
Invalid Driver’s License:
If the bike was being driven by a rider who is without a valid driver’s license.
If the rider was riding under the influence of alcohol or any other kind of intoxication.
Outside Geographical Limitations:
When the policyholder was riding a bike outside India.
Consequential losses are not covered under third-party insurance.
An expired or invalid policy will not fetch you any benefits.
No contractual liabilities are covered.
If the damage has occurred during any illegal act.
Against Usage Limitations:
Damages that are caused when the bike is used against its usage limitations, for instance, a privately owned bike cannot be used for a commercial purpose.
Frequently Asked Questions
The steady decrease in the value of your two-wheeler over the years is the depreciation value of the vehicle. When you buy a policy, your vehicle’s value is figured out based on its depreciation. The older the vehicle, the higher the depreciation is.
Yes, Zuno General Insurance will send a surveyor to check out the damage done by your bike after you have made a third-party claim.
Once the company has all the documents in place, not very long at all. Ideally, they have everything done within just seven working days.