Bike Insurance
Embark on worry-free rides with our Bike Insurance. Whether you’re cruising through city streets or conquering off-road adventures, our Bike Insurance offers comprehensive coverage against accidents, theft, and unforeseen mishaps. Ride with confidence, knowing that you are shielded from the unexpected.
Key Features
Smart Ride
Insure your bike affordably with TPL Smart Ride. Shield against theft and total loss hassle-free.
Smart Ride Plus (Comprehensive)
Secure your motorbike through TPLI’s comprehensive coverage of theft, total Loss, accidental damage, third party liability.
| Coverage | Smart Ride | Smart Ride Plus |
|---|---|---|
| Theft | ||
| Total Loss | ||
| Accidental Damage | ||
| Third party liability |
| Smart Ride | Smart Ride Plus |
|---|---|
| Rider coverage and third party liability coverage is excluded. | Above rates are exclusively for local assembled motorcycles and sum insured will not exceed over Rs. 180,000/- |
| Mechanical and Electrical breakdown / failure and any other non-accidental damage is not covered. | Rider coverage excluded. |
| In case of any claim if the motorcycle unique ID is found to be incorrect/damaged/tempered/ misaligned/mismatched with the purchase documents then TPL Insurance Ltd will not be liable to pay any claim. | Mechanical and Electrical breakdown / failure and any other non-accidental damage is not covered. |
| Pre-Inspection is mandatory and Preexisting damages are not covered. | In case of any claim if the motorcycle unique ID is found to be incorrect/damaged/tempered/ misaligned/mismatched with the purchase documents then TPL Insurance Ltd will not be liable to pay any claim. |
| Standard Market Value Clause & Standard Depreciation Clause applied. | |
| Pre-Inspection is mandatory and Preexisting damages are not covered. |
| Smart Ride | Smart Ride Plus |
|---|---|
| Insurance rates quoted above are inclusive of Govt. levies and taxes. Any increase thereon shall be charged under policy premium. | Insurance rates quoted above are inclusive of Govt. levies and taxes. Any increase thereon shall be charged under policy premium. |
| Above rates are exclusively for local assembled 70CC & 125CC chinese motorcycles. | This quote is valid for students only and subject to providing student ID. |
| This quote is valid for students only and subject to providing student ID. | The quoted rates are subject to quarterly review of motorcycle details and satisfactory loss ratio. |
| The quoted rates are subject to quarterly review of motorcycle details and satisfactory loss ratio. | Futher terms and conditions will be revised if the loss ratio crosses a threshold of 70%. |
| Futher terms and conditions will be revised if the loss ratio crosses a threshold of 70%. | Deductible of Rs. 5,000/- OR 10% of the sum insured (whichever is higher) on each and every loss. |
| Deductible of 10% of the sum covered in case of theft/snatch/total loss. | Deductible of 15% of the sum covered in case of theft/snatch/total loss. |
| Insured will provide all documents required by the TPL claims department at the time of claim intimation.In case of loss/claim, TPL Insurance Ltd appointed surveyor verdict will be considered as final. | Third party liability is limited up to Rs. 10,000/- (annual aggregate) for both property damage and bodily injury. |
| Standard Market Value Clause & Standard Depreciation Clause applied. | Insured will provide all documents required by the TPL claims department at the time of claim intimation.In case of loss/claim, TPL Insurance Ltd appointed surveyor’s verdict will consider as final. |
| Insured will provide all documents required by TPL Insurance Ltd. | Insured will provide all documents required by TPL Insurance Ltd. |
| Mandatory requirement of KYC (Know Your Customer) Form duly signed by an authorized signatory with complete supporting documents. | Mandatory requirement of KYC (Know Your Customer) Form duly signed by an authorized signatory with complete supporting documents. |
| Premium payment at inception of coverage as per SECP rule 58 of Insurance rules SRO 89(I)/2017. | Premium payment at inception of coverage as per SECP rule 58 of Insurance rules SRO 89(I)/2017. |
Frequently Asked Questions
It is an accidental policy that covers your motor bike from all aspects, i.e., Accidental damages, Total Loss, Theft/Snatch, and Third Party Liability.
Yes this can be done through a letter or email.
It is an amount which is borne by you if you make any claim. In case of smart ride, deductible of 10% of the sum covered in case of theft/snatch/total loss. For Smart Ride Plus, Deductible of Rs. 5,000/- OR 10% of the sum insured (whichever is higher) on each and every loss. Deductible of 15% of the sum covered in case of theft/snatch/total loss for smart ride plus.
You can cancel your policy at any time. Cancellation, however, is subject to short period rates that are mentioned in your policy document. Kindly note that once policy is issued the government levies and taxes are not refundable.
No, in most cases we can simply change your vehicle details on your policy. Depending on your new vehicle, the premium will be adjusted accordingly. Please call our customer services team on 111-000-301 for a quote.
For security reasons it is advisable that the policyholder deals directly with us. You can, however, nominate another person to contact us on your behalf, if necessary. You will have to provide permission and the nominated person(s) details. For security purposes, we will keep their details on file. Named drivers do not automatically have authorization to discuss the policy or make any amendments, unless you have given permission.
There are no fees for cancellation, however, refund of premium on cancellation is subject certain deduction on account of short period, claim taken on policy, Government levies and taxes, etc.
The insurance policy cannot be sold to any other person.
All the information must watch with your details in Registration book including CC, make, model, Fuel Type, etc. You will receive your documents within 3 working days.
You can call our contact center on 111-000-301.
In case of an accident the driver must hold a valid driving license failing which claim is rejected.
No, unless you are moving to an area that is not generally covered by us.
All exceptions are mentioned in your policy, for details you may contact our call center on 111-000-301.
You are required to submit a written application along with original policy documents.
Yes, the Company may cancel the policy by giving seven day notice period.
Yes, provided he/she has valid driving license.
Download TPL Insurance Mobile App and intimate your claim instantly. Share your claim details, upload the pictures of your bike for self-survey and your claim invoice on TPL Insurance Mobile App for instant claims.
All claims should be reported as soon as possible to our contact center or mobile App immediately.
Download TPL Insurance Mobile App through Play store or App store and make your claim through TPL Insurance Mobile App.
By notifying us as soon as possible about an accident, we can settle your claim quickly and can take measures to prevent further loss. Moreover, instant reporting of a claim will help you to narrate the entire incidence that is fresh.
The insurance policy is a contract between Insured and the Insurer, as soon as any change is brought in any details of the Insured or the item insured it had to be informed to the Insurer therefore, when vehicle is sold out to any person, even a family member, the policy becomes void and the new owner cannot take claim from the Insurance Company.
Yes, you should always tell your insurance company about any incident involving the insured even if no Claim is needed.
Yes
Yes, it falls under third party Bodily injury for smart ride plus.
Yes, you can get it repaired from any workshop. Please share the invoice when lodging for your claim.
If the policy is comprehensive insurance your vehicle as well as third party damage will be taken care of by us, subject to production of insurance policy and details of the third party claim.
This is accidental policy and any mechanical or electrical faults or seizing of engine or fault of any part is not covered under this policy.
Depreciation is applicable from date of manufacturing.
Download TPL Insurance Mobile and make your claim through it with few easy steps:
- Tap ‘Make a Claim’
- Select your policy
- Share claim details
- Self-survey
- Upload your claim invoice
- Submit
On partial losses in which a vehicle is hit by some object, we require
a) Copy of valid Driving license of Insured/Driver,
b) Copy of CNIC of Insured and driver,
c) Police report, if accident had taken place on Highway,
d) Copy of Insurance certificate,
e) Copy of registration book.
On accessories theft claim, we require
a) Copy of valid Driving license of Insured/Driver,
b) Copy of CNIC of Insured and driver,
c) Police report/roznamcha
d) Copy of Insurance certificate
e) Copy of registration book.
If the cost on the repair of an accidental vehicle is more than 50% of vehicle’s current market value, it is likely that such vehicle will be declared as Total Loss as it is uneconomical to get the vehicle repaired.
The maximum claim amount is the sum insured which is given in case of Total Loss and Theft/Snatch cases.
The claim is recorded immediately when reported to us. It is processed within 24 hours, however, claim settlement few claims may take a longer time for settlement depending upon the extent of damage and especially where the quantum of claim cannot be gauged unless relevant parts are dismantled. However, our benchmark is to process your claim within 7 days after receipt of all necessary claim documents as required by the claims department.
Registration of vehicle is necessary and pre-requisite for entertaining claim. If you have not registered your vehicle, the claim department will not reimburse your claim amount. You can get reimbursement of your claim amount from Insurance Company after getting your vehicle registered and providing all the necessary documents that includes claim form, invoices, copy of driving license, copy of registration book, copy of CNIC of Insured, or any other relevant document as and may require by the Insurance Company.
No. Claims that are incurred during the currency of the policy period shall be entertained.
These are costs you may incur as a result of an accident, that are not already covered by your motor insurance policy, e.g. any accessory that is not endorsed in the policy.
It is an amount which you have to pay, if parts are replaced with new ones in case of damage.
You need to lodge the claim with details of the insurance of the third party at whose fault the incident occurred. If the claim is charged to the third party or his insurer then your policy will not influence your No Claims discount.
Part(s) will only be replaced if it is damaged to an extent where it cannot be repaired.
The policy covers accidental damages (external means), Theft/Snatch, Total Loss and Third Party Liability.
You can contact our call center for changes. If the change involves any monetary amount we shall charge you accordingly.
There is no grace period.
Third-Party Liability coverage is part of your Basic Auto plan and covers you for accident claim made by third parties for loss or damage to their vehicle or property.
Items which is not part of your bike and any item which is installed by yourself for decoration, pleasure and convenience until specifically endorsed in the insurance policy.
1. Bike Reg. No. is Correct, if not kindly call our Call Centre and notify immediately
2. Sum Insured of the vehicle. If it is less/greater than market value than you should increase/decrease the sum insured.
2. Sum Insured of the vehicle. If it is less/greater than market value than you should increase/decrease the sum insured.
Need to inform our renewal team or at our contact center. For query please call on 111-000-301.
Yes. You have to upload the pictures of your motor bike for self-survey through TPL Insurance Mobile App.
