Hero Splendor Plus Bike Insurance

Which documents do I need to submit to buy ACKO Two-wheeler Insurance for my Hero Splendor Plus bike?

You need not submit any documents when buying ACKO bike insurance online. Visit the ACKO website or log on to the ACKO smartphone app. Enter a few details about your bike and yourself. Choose your insurance plan and pay online. Your bike insurance policy will be instantly sent to your email address. There is no filling of forms or documentation when buying ACKO bike insurance.

Is bike insurance compulsory for my Hero Splendor Plus bike?

Yes. Buying at least a Third-Party Bike Insurance Plan is mandatory to comply with the rules and regulations. Riding your bike without a valid motor insurance policy is an offence, and you can be penalised for the same. So, buying Third-Party Bike Insurance is compulsory. But for extensive coverage for your bike, you can consider purchasing a Comprehensive Two-wheeler Insurance Policy.

Which 2-wheeler insurance plan is better for my Hero Splendor bike?

Comprehensive Two-wheeler Insurance Policy is better for your bike as it offers Third-Party and Own Damage cover. The Comprehensive Policy covers damages to your bike and also theft or total loss of the insured motorcycle. Apart from that, you can also buy add-ons for a Comprehensive Plan to enhance the scope of coverage of the policy. Overall, a Comprehensive Bike Insurance Plan provides extensive coverage for your bike.

Is there any documentation to renew ACKO bike insurance?

No. There is no documentation required to renew ACKO bike insurance online. Visit the ACKO website or app and log in to your account. Select the insurance plan on your ‘Policy Card’ and click the ‘Buy Now’ button. Make the payment online, and your bike insurance renewal process is complete. The renewed bike insurance plan will be sent to your email address.

Does the bike insurance plan cover damages to my bike caused by flooding?

Yes. A Comprehensive Two-wheeler Insurance Policy covers damages caused to your bike due to natural disasters. If your bike is damaged due to floods, earthquakes, cyclones, etc., such losses are covered by the insurer, provided you have opted for a Comprehensive 2-wheeler Insurance Plan.

What is an add-on in Hero Splendor Plus bike insurance?

An add-on is an individual cover that enhances the coverage of the Comprehensive Two-wheeler Insurance Plan. You can opt for more than one add-on cover while buying/renewing Comprehensive Bike Insurance. You can choose add-ons as per your need and the type of vehicle you own.

Which documents do I need to submit to raise a claim against my bike insurance?

You need to submit the following documents to file a bike insurance claim:

• Two-wheeler insurance certificate

• Vehicle registration certificate

• Driving licence

• Personal identity proof

• Duly filled and signed claim form

• Copy of FIR (If required)

• Receipts and bills of repair work (If any)

ACKO customers need not go through the traditional process for an insurance claim. You can log in to your ACKO account and fill in a few details about the damage to your two-wheeler. You will receive an instant claim settlement for minor damages. If the extent of damage is severe, ACKO’s two-wheeler insurance expert will guide you about the further process.

How can I get an NCB discount while renewing my two-wheeler insurance?

If you have made zero-claims during the previous policy period, the NCB (No Claim Bonus) will be automatically applied during the policy renewal. The percentage of NCB discount depends on how many claim-free years you have accumulated over time. The NCB discount goes up to 50% if you have made no claims for five consecutive years.

Should I buy a Personal Accident cover along with bike insurance?

Yes. Personal Accident (PA) cover is mandatory as per law. PA cover is not included in the two-wheeler insurance policy. You have to buy the Personal Accident cover separately while purchasing/renewing the bike insurance plan. You need to have only one PA cover if you own multiple vehicles.

Can I reduce the cost of two-wheeler insurance?

Yes, you can reduce the cost of bike insurance by installing an anti-theft/security device on your two-wheeler. With a reduced risk of vehicle theft, the two-wheeler insurance premium will come down. You can also avoid purchasing unnecessary add-ons for the Comprehensive 2-wheeler Insurance Plan. Lastly, you can opt for a Third-Party Insurance Plan to reduce the cost of bike insurance.