Future Generali Add-Ons

Future Generali Insurance provides a wide range of add-on covers that can help you in expanding your policy cover. It widens the protection cover of your own damage and comprehensive bike insurance policy. You can select any add-on cover from various add-on covers offered by the insurance company. To avail of these add-on covers, you will have to make payment for an additional premium along with the standard policy premium.

1. Zero Depreciation – The depreciation affects the amount of compensation policyholders can get from the insurance company in case of an accident or a mishap. You can avoid this burden by adding a zero depreciation add-on cover to your own damage or comprehensive bike insurance policy. With this add-on cover, the claim amount will be determined by the insurance company without taking the depreciation cost on the parts of the bike into consideration which will get your higher amount of claim. This add-on cover is applicable for two-wheelers up to 5 years of age and can be claimed a maximum of 2 times in a policy year.

2. Theft or Loss of Keys – With the inclusion of theft or loss of keys add-on cover in your bike insurance policy, the insurance company will become liable to reimburse you the amount applicable for the replacement of your bike keys or locks or charges of a locksmith, if your bike keys get stolen or lost.

3. Loss of Personal Belongings – Policyholders prepare themselves for accident or theft of their bikes but ignore other sorts of losses such as personal belonging. If you lose your personal belongings such as laptops, mobile phones or any other personal item from your two-wheeler, this cover will provide you with this much-needed protection.

4. NCB Protection – When it comes to bike insurance, the No Claim Bonus (NCB) holds a huge significance as it lowers next year’s premium. However, even a single claim can make it null and void, but with NCB protection cover one can keep the NCB benefit intact even after making a claim in a policy year. This will help you collect a higher amount of NCB which will reduce your premium for next year to a drastic level.

5. Tyre Damage – No matter how safely you ride, but somehow the tyres of bikes get damage even without getting involved in an accident or a mishap. It may lead you to become stranded at an unknown location, this insurance cover gives reimbursement for different tyre-related troubles such as tyre bulge, puncture, bursting of tyre, cut or accidental damage to the tyre.

6. Engine Protector – The consequential losses or damages caused to significant internal parts of a two-wheeled vehicle such as engine or gearbox due to water ingression or leakage of lubricating oil due to accidental means are covered. This add-on cover is a very important one as it saves a lot of money since the engine is the most crucial and expensive part of any vehicle.

7. Return To Invoice – If your bike is declared as a total loss by the insurance company or declared to be damaged beyond repair, then in such situations this return to invoice add-on cover with pay the financial shortfall that occurs between the amount you will get from the bike insurance plan and the purchase price of the bike as confirmed in the invoice of bike sale.

8. Inconvenience Allowance – If your bike is gone for repair which takes a lot of days, then this inconvenience allowance add-on cover will pay you on a daily basis to travel or commute without your bike. The allowance will be provided for a period till your two-wheeler vehicle is undergoing repair at the garage due to an accident.