Two-wheeler insurance add-on covers

Know about the different add-on covers that you can avail of with your comprehensive two-wheeler insurance policy
Two-wheeler insurance add-on covers
3 mins
01 Feb 2023

People who often end up buying just a third-party two-wheeler insurance policy, as mandated by the Motor Vehicles Act, 1988, fail to get adequate coverage for their two-wheelers.

Buying a comprehensive two-wheeler insurance policy not only ensures improved financial coverage but further expands the protection with a range of useful two-wheeler insurance add-on covers.

Let’s look at some of the add-on covers that are available with comprehensive bike insurance  policies:

Zero depreciation or nil depreciation

Vehicles’ wear and tear over a period result in depreciation of their value. With zero depreciation popularly known as zero-dep insurance, your two-wheeler will not undergo depreciation devaluation and get complete protection for repairs. Moreover, it compensates for depreciable parts like fibre, glass, nylon, plastic, and rubber components. As a result, with a zero-dep add-on, you can maximise your savings while raising claims. The insurer will provide a complete claim amount after necessary deductions but without subtracting any amount on account of depreciation.

NCB protector add-on cover

As you are aware that for a claim-free year, you can get rewarded in the form of no claim bonus discounts up to 50%. But, with the NCB protector add-on cover, the policyholder can reap the benefits of a No Claim Bonus even after raising a claim during the policy year.

Accident cover for pillion

This accident cover for a pillion provides financial coverage for the treatment of the pillion rider in the event of an accident while riding the insured bike. Furthermore, in an unfortunate event like death, or partial or permanent disability of the pillion rider, the insurer will compensate for the same.

Consumables cover

A consumables add-on cover provides coverage for all the consumable items of a two-wheeler such as grease, lubricants, fuel filter, nut and bolt, screw, oil filter, brake oil, etc. These parts are not covered under a standard two-wheeler insurance policy.

Accessories cover

A normal two-wheeler insurance policy does not cover damages to any electrical or non-electrical accessories. Therefore, to get rid of hefty repair and replacement charges, opting for an accessories add-on cover can be very beneficial.

Engine protector

In the event of an accident, repairing a damaged engine or gearbox can be a costly affair and most two-wheeler insurance policies do not cover the same. This is where you may opt for an engine protector cover. An engine protector add-on cover offers coverage from damages caused due to leakage of lubricating oil and clogging due to water ingress. The insurer will also compensate for the repair and replacement costs of pistons, linkages, crankshaft, gear shaft, and more.

Add-on covers can help in boosting the coverage of your standard policy with extensive coverage options. Apart from the add-on covers mentioned above, there are several other useful add-ons covers available with many two-wheeler insurance policies. Buying your two-wheeler insurance from Bajaj Finance gives you access to leading insurers, plans that suit your needs, add-ons that enhance coverage. Not just that, the 100% digital journey makes sure that you face no roadblocks when you buy or renew your insurance. Truly, the new way to buy bike insurance anywhere, anytime.


Bajaj Finance Ltd. (BFL) is merely a distributor of third party products from Assistance Services providers such as CPP Assistance Services Pvt Ltd, Bajaj Finserv Health Ltd.(BFHL), AWP Assistance India Pvt. Ltd. (Allianz), Doc Online Health India Pvt Ltd. etc. Issuance of the product is at sole discretion of Assistance Company or Services provider . The product and services or benefits assured under the product shall be governed by respective partner’s product T&C’s and BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. Your purchase of an assistance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any product. For more details on terms and conditions, inclusions and exclusions please read the product sales brochure carefully before purchase or subscription. All product information such as membership fees, benefits, exclusions, value added services, etc. are authentic and solely based on the information received from the respective value added service provider or Assistance company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.