Policy snapshot
A multi-year comprehensive policy for bikes and scooters that reduces hassle of yearly renewals.
What is Long-Term Comprehensive Two-Wheeler Policy?
Long-Term Comprehensive Two Wheeler Policy offers own damage and third-party cover for multiple years in a single policy.
What can it cover?
- Multi-year coverage for own damage and third-party
- Theft, accident, fire and calamity cover
- No claim bonus structure as per insurer
Who should consider it?
- Owners who want “fit-and-forget” cover
- Users likely to keep the same bike for several years
Key features to understand
- No need for frequent renewals
- Protection from premium hikes during the period
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.
Frequently asked questions
Yes, subject to cancellation rules and refund calculations of the insurer.