Universal Sompo Two Wheeler Insurance
Universal Sompo General Insurance is the very first Private Partnership in the country’s general insurance sector. This is a joint venture between Tokyo-headquartered Sompo Japan Insurance Inc. and leading banks like Indian Overseas Bank, Allahabad Bank and Karnataka Bank Limited in addition to Dabur Investment Corporation. The company offers 135 insurance products across 113 branches and 17 zonal offices. The company offers personal accident and disability, motor, home and property and health and critical illness insurance to customers.
- Discounts for customers
- Accidental Cover
- Third Party Coverage up to Rs. 1 lac
- No-Claim Bonus
- Optional Extension for covering electrical/non-electrical accessories, legal liability and pillion riders
- Completely filled covernote / application form with contact numbers
- Name of insured person
- Vehicle number
- Make and model of the vehicle
- Identification card
- Copy of RC book if any
- Copy of previous insurance ( for renewal)
There are quite a few inclusions in Universal Sompo Two Wheeler Insurance. These include the following:
- Damage/Loss due to earthquake/fire/cyclone/flood
- Loss/Damage due to Self-Ignition/Riot/Strike/Explosion/Burglary
- Loss/Damage due to Terrorism/Lightning/Malicious Acts/Typhoons
- Damage/Loss due to landslides/rockslides
- Transit via rail/road/waterways/air
The list of exclusions covers the following aspects:
- Damage due to driving under influence of drugs/alcohol
- Liability/accidental loss or damage outside specified geographical location
- Damage due to weapons/nuclear waste/radiation
- Claims arising from contractual liability
- Civil War/War/Hostilities/Invasion
- Nearest branch/toll free number 1800 200 4030 should be tapped for immediate intimation
- Written notice to be provided with details
- Claim to be registered by insurer and investigated
- Damages to be assessed and thereafter compensation amount to be worked out
- Claim form to be submitted accordingly
- Estimate of repair expenses to be furnished
- Police reports required if vehicle is stolen
- Reimbursement claims to be filed post surveyor’s report submission