IDFC Bank Future Motor Secure – Two Wheeler

Add-on Covers

• Basic Road-side assistance: assistance when your insured vehicle is immobilised on a public road due to any of the following reasons: Mechanical and Electrical Breakdown, Towing due to Accident, Flat Tyre, Keys Locked-in, Dead Battery, Contamination / Incorrect or running out of fuel
• Additional Road-side assistance: Continuation of Journey, Local Travel when on Tour, Overnight Accommodation Expense when on Tour, Delivery of your Vehicle, Medical Co-ordination, Urgent Message Relay
• Engine Protector: Covers consequential damages to the internal child parts of the engine and / or gearbox of the insured vehicle, arising out of: Water ingression, Leakage of lubricating oil and / or damage to engine and/or gear box of your vehicle arising out of lubricating oil due to accident
• Zero depreciation cover: Pays full claim without any deduction for depreciation on the value of parts replaced.
• Daily Cash Benefit: Daily allowance to you when your vehicle is undergoing accidental repairs in the garage
• Protection of NCB: Retain the ‘No Claim Bonus (NCB)’ component even after making a claim
• Personal Accident: Protect your near ones in case of your accidental death.

Cashless Garages

• Cashless settlement in 2500+ network garages

Policy Exclusion

• Normal wear, tear and general ageing of the vehicle
• Any depreciation or any consequential loss and mechanical / electrical breakdown
• Vehicle being used in ways or for purposes other than those in accordance with limitations as to use
• Any damage to / by a person driving the vehicle without a valid license
• Any damage to / by a person driving the vehicle under the influence of drugs or liquor
• Loss or damage due to war, mutiny or nuclear risk
• Any accident outside the geographical area

Additional Benefits

• Vehicle damage: This benefit covers any damage to your vehicle on account of an accident, burglary, theft or housebreaking.
• It also covers your vehicle on account of any damage caused due to fire, lightning, self-ignition, explosion, riot, strike, malicious act, terrorism, earthquake, flood, cyclone and inundation.
• This cover also encompasses protection against any damage caused to your vehicle while in transit by road, rail, air and elevator.
• Third party liability: This benefit protects you against any third party liability that you may incur on account of the death or bodily injury to any person or damage to property.
• The policy also covers the legal expenses you might incur to defend this claim. This is a mandatory insurance coverage for your vehicle.
• No Claim Bonus: If you do not make a claim during the policy period, a No Claim Bonus (NCB) is offered on renewal. This is a slab based discount which can go up to 50% in case you have minimum of 6 claim-free continuous years
• You can avail of the Personal Accident cover for named and unnamed occupants. Personal / Accident cover can also be availed for the owner (who also drives) the vehicle. This is a mandatory cover.
• Coverage for theft, accidents and terrorist activities
• Instant policy issuance
• Claims finalisation within 7 working days from the receipt of all documents
• Towing assistance (within city limits only) for accidents
• Zero paperwork policy issuance online
• Protection against natural and manmade calamities