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Future Generali Third Party Bike Insurance

Future Generali General Insurance has been shielding the public successfully from the unfortunate events of life over the years. Future Generali third party bike insurance policy provides protection against any damage or loss caused to the third party by the insured’s bike.

Future Generali General Insurance has tried to ensure a better experience to the policyholders by digitalizing its procedures. The active help desk provides assistance as well. Future Generali third party bike insurance policy provides coverage for financial and legal liabilities of the insured’s bike towards the third party.

Future Generali Third Party Bike Insurance vs Comprehensive Bike Insurance

Basis

Third Party Bike Insurance

Comprehensive Bike Insurance

Coverage

A two wheeler third party insurance provides coverage for third party liabilities such as bodily injuries, disability, property damage or demise of the third party that may arise during an accident or any other unforeseen event. A third party insurance policy provides legal and financial assistance to the policyholder in difficult circumstances.

Comprehensive two-wheeler insurance policy provides coverage for third party liabilities and damages to the insured vehicles that may happen during an accident or any other unforeseen event that may occur. This type of two-wheeler insurance policy also provides legal and financial assistance to the policyholder during difficult times.

Nature of Requirement

Two-wheeler third party insurance policy is mandatory as per the Motor Vehicles Act for every individual while driving the two-wheeler.

Two-wheeler comprehensive insurance policy is not mandatory but does provide coverage for third party liabilities. Hence, one does not require a third party insurance policy separately once comprehensive insurance policy is purchased.

Add-ons

Add-ons can not be opted with a third party insurance policy as this type of two-wheeler insurance policy provides limited coverage.


Add-on covers can be opted with a comprehensive two-wheeler insurance policy. Some add-on covers offered by Future Generali are Zero Depreciation, Theft or Loss of Keys, Loss of Personal Belongings, Tyre Damage, Engine Protector, Return on Invoice and Inconvenience Allowance

Cost

Very affordable two-wheeler insurance policy due to the nature of coverage provided under this policy.

As compared to a third party insurance policy comprehensive insurance policy is expensive due to the nature of coverage provided under the policy.

What All Is Covered Under Future Generali Third Party Bike Insurance Policy?

The Future Generali third party bike insurance policy provides coverage for the following:

  • Comply with Legal Provisions: The most crucial advantage of having a third party insurance policy for your two-wheeler is that it helps you comply with the legal provisions as this policy is mandatory while driving the two-wheeler in India. If you are caught driving the two-wheeler without a third he/she can be penalised.
  • Personal Damage to Third Party: Personal damages to the third party such as bodily injuries, disability or demise of the third party that may occur during an accident involving the two-wheeler are covered under the policy. Under such circumstances a compensation for the same is provided.
  • Financial Assistance: Under this policy financial liabilities such as property damage of the third party that may occur during an unforeseen event are compensated for. A compensation for upto Rs. 1 Lakh may be provided under such circumstances.

What All Is Not Covered Under Future Generali Third Party Bike Insurance Plan?

A third party bike insurance policy is required to be carried by every bike owner as a compulsion, but it offers only a limited amount of insurance coverage. Here are some points that are not covered under the third party bike insurance policy:

  • Own damages to the two-wheeler caused during an unforeseen event
  • Damages to the two-wheeler while driving the insured vehicle under the influence of alcohol, drugs or other intoxicants.
  • Damages to the two-wheeler while driving without a valid license.

Key Benefits of Purchasing Kotak Third Party Bike Insurance

Although third party insurance policy provides limited coverage but can be very beneficial in different situations or in times of crisis. Below mentioned are some benefits of purchasing Future Generali Two-Wheeler Third Party insurance policy:

  1. Inexpensive: A third party insurance policy is quite affordable. The premiums of a two-wheeler third party insurance policy are inexpensive due to the limited coverage provided under the policy. Under this two-wheeler insurance policy basic coverage is provided for the two-wheeler.
  2. Protection at all Times: A third party insurance policy provides financial assistance to the policyholder in case of damages to the two wheeler or third party liabilities that might arise during an unforeseen event. The policyholder has financial protection at all times while driving their two-wheeler.
  3. Legal Assistance: Under a third party insurance policy legal assistance in case of bodily injury, disability, property damage or demise of the third party in case an unforeseen event takes place involving the insured two wheeler. Third party insurance policy also helps the policy holder comply with legal provisions.

Must Read Articles before buying Future Generali Bike Insurance

Future Generali Bike Insurance User Reviews

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What users are saying
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  • Efficient Claims Settlement

    I had a claim for my Future Generali Bike Insurance Policy for my Bajaj bike, and the process with InsuranceDekho's cashless garage was efficient. It was reassuring to know my insurer had everything under control.

    M
    By Mukesh Bagga
    On: November 21, 2023
  • Depreciation-Free Repairs

    I appreciate how zero-dep insurance added to my Future Generali Bike Insurance Policy from InsuranceDekho ensures depreciation-free repairs for my Suzuki bike. It's a great relief for me.

    A
    By Anoop Singh
    On: November 9, 2023
  • No Hidden Surprises

    I feel that with InsuranceDekho, there were no hidden surprises during renewal. The terms and conditions for the Future Generali Bike Insurance Policy are transparent, and I know what I'm getting for my KTM bike.

    S
    By Sumil Magr
    On: November 3, 2023
  • Financial Security on the Road...

    Third-party car insurance from InsuranceDekho provides financial security on the road. I know I won't face unexpected expenses in a legal situation because of the secured Future Generali Bike Insurance Policy for my Honda bike.

    A
    By Aamir Shah
    On: October 31, 2023
  • All-Inclusive Protection Done ...

    I appreciate how InsuranceDekho gets all-inclusive protection right with their comprehensive bike Future Generali Bike Insurance Policy. The policy covers every aspect of my Honda bike ownership and makes it hassle-free.

    By Dheeraj Sabr
    On: October 23, 2023
  • Effortless Car Insurance Claim...

    InsuranceDekho made my Future Generali Bike Insurance Policy’s claim process effortless. Their quick response and seamless claim settlement allowed me to get my Hero bike back on the road in no time.

    R
    By Rajesh Goswami
    On: October 17, 2023
  • Tailored Coverage Options with...

    InsuranceDekho's own damage coverage with the Future Generali Bike Insurance Policy is an amazing policy. They offer tailored options for my KTM bike to meet my individual needs, ensuring that I get the right protection.

    S
    By Sanjay Koul
    On: October 12, 2023
  • Wide Network, More Options

    InsuranceDekho's extensive network of cashless garages means more options for repairs. It's reassuring to know that as my Honda bike is insured under the Future Generali Bike Insurance Policy, help is never too far away.

    K
    By Kartik Mahadevan
    On: October 6, 2023
  • Renewal Made Easy

    InsuranceDekho's car insurance renewal is hassle-free. I didn't have to jump through hoops or deal with confusing paperwork while renewing my Future Generali Bike Insurance Policy for my KTM bike. Their commitment to a smooth renewal process is evident.

    S
    By Sunil Gayen
    On: September 29, 2023
  • Efficient Claims Handling

    InsuranceDekho handled my claims for third-party insurance efficiently which I filed for my Future Generali Bike Insurance Policy. They ensured I received the necessary support during a challenging situation for my Triumph bike.

    M
    By Manoj Verma
    On: September 20, 2023
  • User-Friendly Interface for Ea...

    The user-friendly interface of InsuranceDekho's premium calculator made premium estimation easy for my Future Generali Bike Insurance Policy for my Triumph bike, even for someone like me who isn't tech-savvy.

    R
    By Ram Chauhan
    On: September 15, 2023
  • Claim Submission Made Easy

    I am so relieved that I took the decision to buy the Future Generali Bike Insurance Policy for my Yamaha bike on time. In some unforeseen circumstances, I had to submit a claim with InsuranceDekho. The entire process was easy and user-friendly. Their online platform simplifies the process.

    U
    By Urvashi Saluja
    On: September 13, 2023
  • Flexible Add-On Options for En...

    I appreciate the flexible add-on options offered by InsuranceDekho's comprehensive coverage. The Future Generali Bike Insurance Policy allows me to enhance the protection for my Hero bike based on my needs.

    By Lalit Rai
    On: September 11, 2023
  • Simple and Streamlined

    Using Cashless Garages with InsuranceDekho is simple and streamlined. I don't have to worry about reimbursement hassles; the entire process of the Future Generali Bike Insurance Policy is designed for maximum convenience for my Honda bike.

    D
    By Deepak Lalit
    On: September 7, 2023
  • Guidance at Every Step

    From filing the claim to receiving the settlement for my Future Generali Bike Insurance Policy, InsuranceDekho provides guidance at every step. Their support has been crucial in navigating the claim process for my Hero bike.

    V
    By Vineet Goel
    On: September 5, 2023
  • Budget-Friendly Coverage

    InsuranceDekho's Third-Party Car Policy is a budget-friendly way to fulfill insurance requirements. It's a practical choice for those looking for essential coverage without excess costs. I bought the coverage along with the Future Generali Bike Insurance Policy for my Royal Enfield.

    G
    By Gurasis Singh
    On: September 1, 2023
  • Transparent and No Hidden Cost...

    The Premium Calculator provides transparency by breaking down costs clearly. With InsuranceDekho, I know exactly what I'm paying for my Future Generali Bike Insurance Policy, and there are no hidden surprises when it comes to my Hero bike policy premiums.

    By Tanmay Brar
    On: August 29, 2023
  • Zero Depreciation - A Must-Hav...

    For someone like me who just bought a new Hero bike, a zero depreciation add-on from InsuranceDekho is a must-have. The Future Generali Bike Insurance Policy ensures you don't lose money on repairs.

    A
    By Anurag Bansal
    On: August 25, 2023
  • Timely Reminders for coverage

    I appreciate the timely renewal reminders from InsuranceDekho to renew my Future Generali Bike Insurance Policy. It ensures my Yamaha bike remains continuously protected with comprehensive coverage.

    R
    By Rakesh Shukla
    On: August 23, 2023
  • Clear and Transparent Policy T...

    InsuranceDekho provided clear and transparent policy terms for their third-party car insurance. It was easy to understand what's covered and what's not when I bought the Future Generali Bike Insurance Policy for my Triumph bike.

    P
    By Pintu Kapoor
    On: August 11, 2023
  • Worry-Free Riding Experience

    With InsuranceDekho's comprehensive bike insurance, I enjoy a worry-free riding experience. I know that my Hero bike is well-covered with the Future Generali Bike Insurance Policy in case of any unforeseen events, and that gives me the confidence to explore the roads without concerns.

    S
    By Saanjli Puri
    On: August 9, 2023
  • Highly Satisfying Claim Experi...

    My claim experience with InsuranceDekho while filing for the Future Generali Bike Insurance Policy for my Honda bike was highly satisfying. They lived up to their promises, and I received the required support without any hassles.

    By Shravan Dhandiwal
    On: August 7, 2023
  • Insurance

    Good service and instant feedback done I got it issued the policy is 10 mins . This is amazing digitisation . Need to keep doing the same

    P
    Honda Activa Pune
    By PRAGNYA KOGJE
    On: August 2, 2023
  • Flexible and Customizable Own ...

    I appreciate InsuranceDekho's flexibility in offering customizable own damage coverage options when I purchased the Future Generali Bike Insurance Policy. Their team assisted me in choosing the right plan for my Avan bike.

    By Nimesh Sharma
    On: August 2, 2023
  • Top-Notch Service with Zero De...

    InsuranceDekho provided top-notch service when I made a claim under the zero depreciation cover for my Future Generali Bike Insurance Policy. The entire process was smooth, and the repairs were handled with utmost care for my BMW bike.

    By Vidhush Goel
    On: July 31, 2023
  • Quick and Accurate Quotes

    I was impressed with the speed and accuracy of Insurance Dekho's premium calculator. Within seconds, I had multiple quotes at my fingertips for easy comparison. And because of the comparison, I took the decision to purchase the Future Generali Bike Insurance Policy for my BMW bike.

    By Pradeep Kumar
    On: July 25, 2023
  • User-Friendly Platform

    The InsuranceDekho platform is incredibly user-friendly, making it easy to navigate and obtain a third-party car insurance policy quickly. I appreciate their efficient issuance process that I got for the Future Generali Bike Insurance Policy for my TVS bike, saving me time and effort.

    M
    By Mayan Kochar
    On: July 24, 2023
  • Comprehensive Coverage for Act...

    InsuranceDekho's comprehensive coverage that I got with the Future Generali Bike Insurance Policy protected my Hero bike against acts of God, such as earthquakes or floods. The coverage extended to damages caused by these events.

    A
    By Arun Singh
    On: July 20, 2023
  • Quick Response and Resolution

    InsuranceDekho's responsiveness and swift resolution of my Future Generali Bike Insurance Policy claim exceeded my expectations. They responded promptly to the claim request for my Aprilia bike and resolved it efficiently, minimizing any inconvenience on my part. I'm impressed with their level of service.

    H
    By Himanshu Sahni
    On: July 18, 2023
  • Personalized Assistance

    InsuranceDekho provided personalized assistance during the renewal of my Future Generali Bike Insurance Policy for my Mahindra bike. Their representatives understood my specific needs and helped me choose the right coverage.

    A
    By Anush Anand
    On: July 14, 2023

Future Generali Third Party Bike Insurance FAQs

  • What assistance do I get in case of death of the third party in an accident?

    In the case of the death of the third party, the insurer provides legal and financial support to the policyholder. The compensation amount is decided by a court of law.

  • Can I stretch the coverage of the Future Generali third party bike insurance policy?

    No, you can’t stretch the coverage of the Future Generali third party bike insurance policy as it doesn’t provide the options of the add-ons. It gives the basic coverage. However, for the extensive coverage, you can opt for the comprehensive bike insurance policy.

  • Will the Future Generali third party bike insurance policy provide any coverage for the insured’s bike?

    The Future Generali third party bike insurance policy will not provide any coverage for the insured’s bike, as it only covers third party liabilities.

  • Does the Future Generali third party bike insurance policy cover accidents beyond the geographical area?

    No, the Future Generali third party bike insurance policy does not provide coverage for any accident or mishap outside the pre-decided geographical area.

  • How do I pay for the Future Generali third party bike insurance policy?

    There are two basic methods to pay for the Future Generali third party bike insurance policy:

    • By paying in cash at the nearest branch
    • By paying online using a debit card, credit card or via net-banking.
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#Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.