Downtime Allowance in Bike Insurance coverage Add-on

One of many principal benefits of shopping for a complete bike insurance coverage coverage is that one can customise the protection with the assistance of add-ons. Some add-ons enable you to get higher claims payout whereas others present helpful providers. Some add-ons additionally present direct money should you face a delay in providers. One in all such helpful add-ons is the Downtime Allowance Add-on in bike insurance coverage. This text sheds mild on how helpful the add-on might be for the policyholder.

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Downtime Allowance Cowl for Bike Insurance coverage:

Downtime Allowance Cowl affords a hard and fast sum of cash when your bike is underneath repairs for an extended period of time. The minimal variety of days for this add-on to activate relies upon upon the insurance coverage firm, so does the quantity to be paid. The protection may appear complicated at first however it’s pretty straightforward to know. Let’s clear any confusion with an instance.

Instance Situation:

  • Take into account Mr A met with an accident and his bike suffered main injury. Mr. A was fast to leap off the bike and sustained minimal accidents to himself.
  • He referred to as the insurance coverage firm and organized for a pickup of the broken car.
  • As per the newest replace, the bike repairs will take round 10 days to finish.

Now the query is, how will Mr A commute to work for 10 days when his bike is underneath repairs? That is the place Downtime Allowance Add-on comes into the image. The insurance coverage firm is not going to solely bear the liable value of motorcycle repairs however may also pay a lump sum quantity to Mr A for travelling to work. Right here the quantity to be paid will rely upon the phrases and situations of the insurer.

The Downtime Allowance cowl is extremely helpful in such a scenario to say the day by day journey value for somebody who would endure a financial loss with out their bike. 

Declare Two Wheeler Insurance coverage for Downtime Safety:

One can declare for Downtime Safety in bike insurance coverage by getting in contact with the insurance coverage firm as quickly as attainable. It’s all the time suggested to first maintain any accidents after which name the insurance coverage firm for claims. Listed here are the steps to boost a declare towards the Add-on:

Step 1: Intimate the insurance coverage firm with as many particulars concerning the accident as attainable

Step 2: Organize the paperwork as per the record offered by the insurance coverage firm.

Step three: File the declare on the insurer’s web site and add the paperwork associated to the declare.

Step four: Ship any further info as and when requested by the insurance coverage firm.

Step 5: Anticipate approval and declare settlement.

Part of the declare quantity can have the financial profit associated to the Downtime Allowance add-on. 

Purchase Bike Insurance coverage Downtime Allowance Declare Add-on On-line:

There are two methods through which one can elevate a declare towards the bike insurance coverage coverage. One is on-line and the opposite is the standard offline approach. Listed here are the small print:

1. On-line

Buying the two-wheeler Downtime Allowance Add-on is less complicated when carried out on-line. You should purchase the Downtime Allowance Add-on if you store for a two-wheeler bundle coverage. An choice to purchase an add-on is simply out there with a complete bike insurance coverage coverage. Enter the small print associated to your bike and proceed to pick out required add-ons from the record of obtainable ones. 

Take into account deciding on add-ons like Roadside help and Zero Depreciation together with the Downtime Allowance Add-on. If inspection isn’t requested by the insurance coverage firm, it is best to obtain the insurance coverage coverage on the registered e mail deal with inside minutes of creating the acquisition.

Word: Completely undergo the phrases and situations of the bike insurance coverage coverage earlier than making the fee. 

2. Purchase Downtime Allowance Add-on Offline:

Shopping for the Downtime Allowance Add-on along with your bike insurance coverage coverage offline would take extra time as in comparison with shopping for on-line insurance coverage. You’ll first have to contact an insurance coverage agent or the insurance coverage firm and get the appliance type. Choose the precise protection and add-ons that you simply want to your bike. 

Submit the shape and every other paperwork as required, and look forward to the insurer’s approval. It’s best to obtain the bodily copy of the insurance coverage coverage through submit inside 5 to six working days. 

Word: Your bike would possibly keep uninsured throughout this era should you start the method after the expiry date of the final coverage.

Advantages of Shopping for Downtime Allowance Add-on together with Bike Insurance coverage:

Shopping for the Bike Downtime Allowance Add-on with a complete two-wheeler insurance coverage coverage offers the next advantages:

  • Will increase the scope of a complete two-wheeler insurance coverage coverage.
  • Will increase the declare quantity.
  • Offers monetary assist if repairs take longer than anticipated.
  • One can proceed to journey by any technique of transport they like.
  • Reduces out-of-pocket bills when the bike is getting repaired.
  • Offers peace of thoughts about travelling prices when the bike is underneath repairs.

Two Wheeler Package deal Coverage Add-ons: Downtime Allowance:

Underneath the Downtime Allowance add-on cowl, an insurance coverage firm will compensate for the cash spent on day by day commute when the bike is underneath repairs. The compensation might be within the type of lump sum quantity throughout declare settlement, money coupons of equal worth for use for reserving transport, or direct alternate transport of comparable sort. 

Particular Situations:

  • A declare for general damages ought to be authorised to get the profit underneath the Downtime Allowance add-on. It isn’t allowed to file a separate declare underneath the add-on.
  • The primary day for calculating the quantity to be paid underneath the add-on shall be when a written discover was despatched to the insurance coverage firm concerning the declare. Or when the bike was submitted for repairs at a community storage.
  • The declare quantity of Downtime Allowance add-on shall be paid provided that the bike takes greater than the times stipulated within the insurance coverage coverage. 
  • Underneath the theft or whole loss declare, the quantity payable underneath Downtime allowance shall be 10 days.


  • A declare can’t be made underneath Downtime Allowance add-on if the general declare of damages is rejected.
  • The declare quantity underneath this add-on is not going to be paid if the repairs are carried out earlier than the minimal variety of days required to activate the add-on.

Additionally, learn: Two Wheeler Insurance coverage – Add On Covers

Issues to Preserve in Thoughts Whereas Submitting a Declare: 

There are various issues that may get your declare rejected. Here’s a record of a few of such issues that may enable you to keep away from a declare rejection:

  • Attempt to file the declare as early as attainable and inside the allowed variety of days to keep away from rejection.
  • Be prepared with as a lot info as attainable.
  • Don’t ahead incorrect or false info to the insurance coverage firm.
  • Follow the declare course of laid down by your bike insurance coverage firm.
  • Be sincere. 

Often Requested Questions:

Listed here are some generally requested questions concerning the subject:

Why are add-ons helpful in bike insurance coverage?

Add-ons improve the restrict of protection of a primary complete bike insurance coverage coverage. They enable you to get entry to extra providers or monetary help within the instances of want. When related add-ons are purchased, they’ll show to be very helpful with bike insurance coverage.

That are a very powerful bike insurance coverage add-ons?

Add-ons like Zero depreciation, Roadside help, Pillion rider cowl, and Downtime allowance add-ons are a very powerful bike insurance coverage add-ons.

Why does an insurance coverage firm reject a declare?

There could possibly be many causes as to why an insurance coverage firm would reject a declare. A few of them could possibly be not filling the declare inside the stipulated time, fraudulent claims, misinformation, partially false claims, elevating a declare towards an exclusion of the coverage, and so on.

Can I make a declare towards downtime allowance if my bike caught fireplace and was broken past restore?

Sure, the insurance coverage firm shall be a lump sum quantity underneath the Downtime allowance add-on in case the bike caught fireplace and was broken past restore.

Is it a prerequisite of the Downtime Allowance add-on to get the bike repaired at a community storage?

Sure, the policyholder must get the bike repaired at a community storage to make a declare towards Downtime Allowance add-on.

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