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Universal Sompo Third Party Bike Insurance

Universal Sompo General Insurance has been shielding thousands of people against the unforeseen events of life. Universal Sompo third party bike insurance policy provides a cost-effective solution to the policyholders for fulfilling the mandatory requirement of the law as well as dealing with the liabilities towards the third party.

Universal Sompo General Insurance has digitalized its procedures in order to ensure a better experience for the policyholders. It provides maximum assistance to the policyholders through its efficient support team. Universal Sompo third party bike insurance policy covers the financial and legal liabilities of the insured’s bike towards the third party at an affordable premium.

Universal Sompo Third Party Bike Insurance vs Comprehensive Bike Insurance

Basis

Third Party Bike Insurance

Comprehensive Bike Insurance

Coverage

Third party bike insurance policy covers the financial and legal liabilities of the third party only.

Comprehensive bike insurance policy provides coverage for both third party liabilities and own damage to the insured’s bike.

Nature of Requirement

As per the Indian Motor Tariff Act, this policy is a statutory requirement.

This policy depends on individual preferences and thus it is optional.

Add-ons Availability

Third party bike insurance policy does not offer any add-on cover to the policyholders.

Policyholders can stretch the coverage of this policy by opting for various add-on covers.

Cost

The limited coverage offered by this policy makes the premium relatively lower.

This policy comes with a higher premium due to the extensive coverage it provides.

What All is Covered Under Universal Sompo Third Party Bike Insurance Policy?

The Universal Sompo third party bike insurance policy provides coverage for the following:

  • Financial liabilities of third party property damage: The Universal Sompo third party bike insurance policy provides coverage for any property or vehicle damage of the third party caused due to the insured’s bike. The insurer provides compensation up to Rs. 1 Lakh for third party property damage.
  • Bodily injuries/loss of life of third party: The insurer takes care of any bodily injuries, disability or loss of life of the third party caused in any mishap involving the insured’s bike. The compensation amount, however, is decided as per the court of law.

What All Is Not Covered Under Universal Sompo Third Party Bike Insurance Plan?

The third party insurance cover offers limited insurance coverage which every policyholder needs to be aware of. Here are the points which are not covered under the third party bike insurance policy:

  • Damages sustained by the insured bike are not covered
  • No compensation for injuries suffered by the policyholder
  • Optional personal accident cover is not available with the third party cover.

Must Read Articles before buying Universal Sompo Bike Insurance

Universal Sompo Bike Insurance User Reviews

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What users are saying
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  • Quick response on the chat box

    InsuranceDekho's website provides a chat box feature to its users. I bought the Universal Sompo bike insurance plan for my Kawasaki Ninja 650. In the buying process, I was facing some issues so I used the chat box feature available on the website. I got quick responses and all my questions were answered with immediate effect. The plan is amazing and comes with many benefits. Happy with the purchase.

    D
    By Devesh Arya
    On: February 20, 2023
  • Customer care service

    While buying the Universal Sompo bike insurance plan for my Aprilia storm 125 from the InsuranceDekho website I faced some problems for which I contacted customer care service, and the executive immediately resolved all my issues. The plan comes with amazing benefits.

    T
    By Tarun Yadav
    On: February 16, 2023
  • Option to choose from differen...

    I just bought a Universal Sompo own damage bike insurance policy from InsuranceDekho for my BMW F650 bike. The payment was completely secured and the website allowed me to pay the premium from different payment gateways. I choose to make the payment through my Credit card.

    M
    By Mankirat Singh
    On: February 9, 2023
  • Rapid generation of quotes

    On InsuranceDekho, the generation of insurance quotes for my Yamaha Saluto was quick. I just had to enter the needed details like the bike's fuel type, MMV and the extent of the plan. In just a few seconds, I had found various quotes. I opted for Universal Sompo bike insurance plan.

    S
    By Srinivas Gupta
    On: January 31, 2023
  • Price Comparison

    I checked InsuranceDekho. It was so easy to choose a plan as the website had all the plans elaborated in an amazing way. I bought a Universal Sompo bike insurance plan which is nice in accordance with my preferences for my Aprilia Sr 160.

    S
    By Samar Raj
    On: January 24, 2023
  • Well managed website

    The InsuranceDekho website is very well managed and maintained. All the things are arranged properly. While buying the Universal Sompo, for my Hero Pleasure Plus, it was very easy to locate everything that I wanted on the website.

    H
    By Harsh Gupta
    On: January 3, 2023
  • Best customer care team

    The customer care service of the InsuranceDekho website is amazing. While buying the Universal Sompo bike insurance plan for my Hero Pleasure Plus, I had some doubts regarding the plan, I contacted customer care service and they cleared all my doubts and queries.

    S
    By Shraddha Gupta
    On: October 13, 2022
  • Amazing customer care service

    The InsuranceDekho website has the best customer care service. I recently bought the Universal Sompo bike insurance plan for my Hero Electric Optima DX, I had some queries regarding the plan, so I contacted customer service and got all my queries resolved. Thanks to the team.

    By Sushant Kapoor
    On: July 26, 2022
  • Amazing customer care service

    The InsuranceDekho website has the best customer care service. I recently bought the Universal Sompo bike insurance plan for my Hero Electric Optima DX, I had some queries regarding the plan, so I contacted customer service and got all my queries resolved. Thanks to the team.

    S
    By Sushant Kapoor
    On: July 22, 2022
  • Quick response on the chat box

    InsuranceDekho's website provides a chat box feature to its users. I bought the Universal Sompo bike insurance plan for my Kawasaki Ninja 650. In the buying process, I was facing some issues so I used the chat box feature available on the website. I got quick responses and all my questions were answered with immediate effect. The plan is amazing and comes with many benefits. Happy with the purchase.

    D
    By Devesh Arya
    On: July 12, 2022

17 Universal Sompo Cashless Garages in India

Universal Sompo Third Party Bike Insurance FAQs

  • Will the Universal Sompo third party bike insurance policy cover an accident that occurred outside the geographical area?

    No, the Universal Sompo third party bike insurance policy will not provide any coverage for an accident or any other mishap that occurred outside the pre-decided geographical area.

  • What coverage will I get in case of the death of the third party?

    The insurer will provide financial and legal support to the policyholder in case of the death of the third party. The compensation amount to be paid by the insurer is decided as per the court of law.

  • How can I pay the premium of my Universal Sompo third party bike insurance policy?

    You can pay the premium of Universal Sompo third party bike insurance policy in the following ways:

    • Direct debit from your bank
    • Credit card payment
    • Cheque payment.
  • How can I check the status of my third party bike insurance policy?

    You can check the status of Universal Sompo third party bike insurance policy online or by dialling the toll-free numbers 1800-22-4030 or 1800-200-4030. For checking the status online you have to get registered on the official website.

  • Can I stretch the coverage of Universal Sompo third party bike insurance policy?

    No, you can not stretch the coverage of Universal Sompo third party bike insurance policy as it does not offer any add-on covers. For extensive coverage, you can opt for the comprehensive bike insurance policy.

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Cashless Garages in Popular Cities

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Hyderabad1
Jaipur1
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Bangalore1
Gurgaon1
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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.