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23rd March 2016, 08:48 AM
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Join Date: May 2012
Re: UIIC bike insurance

United India Two wheeler Insurance provides No Claim Bonus (NCB) facility up to 50% depending on the number of claim free years.

UNITED India Insurance Two Wheeler Insurance Coverage’s

United India Two Wheeler Insurance provides two types of coverage’s they are

Package policy

Liability only policy

1. Package Policy:

Accidental by external means

Fire, Self ignition, lightning

Burglary, theft or housebreaking by paying 3% of the IDV of accessories.

Terrorist activity

Riot Strike and Malicious damage (intentional

Liability only policy:

It provides insured’s liability to third parties in case of death or permanent disability of third property.

It provides liability for loss or damage to the third-party property.

Provides all costs and expenses incurred with the company’s written consent

Rate of depreciation in United India Two wheeler Insurance

For all rubber / nylon / plastic parts, tyre and tubes batteries and air bags – 50%.

For fiberglass components – 30%

For all parts made of glass – NIL.

Rate of depreciation for all other parts including wooden parts will be as per the following table:

Age of Vehicle Percentage of depreciation

Not exceeding 6 months NIL
Between 6 months and 1 year 5%
Between 1 and 2 years 10%
Between 2 years and 3 years 15%


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