How to Cancel my Bike Insurance Policy?

How To Cancel My Bike Insurance Policy?

Bike insurance policy needs to be cancelled in the below scenarios:

The coverage mentioned in the quote or explained to the customer is different from that reflecting in the bike insurance policy copy.

Customer is not satisfied with the after sales provided by the insurance company.

For cancellation of bike insurance policy, customer needs to send a written mail to the insurance company requesting cancellation of the insurance policy. If the policy is within the free look period there would be not deduction in premium paid. If the policy is outside the pre look period, pro-rata premium would be paid to the customer by the insurance company.

When Can I Cancel My Bike Insurance Policy?

There are few situations in which you can cancel your bike insurance policy:

If you are not satisfied with the service provided by the insurance company after taking the insurance policy.

If you have taken a double policy for the same two wheeler bike. Two policies are active at the same time for a single bike.

If you have taken Comprehensive policy but wanted to take only Third party bike insurance.

How to know my bike insurance policy?

To know the details of your bike insurance policy, check the Vahan portal under 'Know Your Vehicle Details.' It provides the insurer’s name, policy type, and validity period. You should also review your policy document to understand specific coverages like Third-Party or Comprehensive plans. Knowing your policy helps in tracking the No Claim Bonus (NCB) and ensures you are compliant with the Motor Vehicles Act.

How to know bike insurance policy number?

Knowing your bike insurance policy number is essential for filing claims or renewals. You can find this alphanumeric code on the Policy Schedule page of your insurance document. If the document is lost, visit the IIB portal and use the 'V-Seva' tool. By providing your bike’s engine and chassis numbers, you can access the policy details. This information is also available at your local RTO via vehicle records.

How to find bike insurance policy number online?

You can find your bike insurance policy number online by visiting the Vahan e-Services portal or the Insurance Information Bureau (IIB) website. Simply enter your vehicle registration number to retrieve policy details. Alternatively, log in to your insurer’s official website or mobile app using your registered mobile number. Your digital dashboard will display all active policy information, including the unique policy number.

How to download bike insurance policy?

You can download your bike insurance policy PDF directly from your insurer’s website by entering your policy or mobile number. Most insurers send the digital copy automatically to your registered email address upon purchase or renewal. You can also fetch the document through the DigiLocker app, which provides a government-verified digital version of your insurance certificate. This downloaded file serves as valid proof of insurance during traffic stops and is essential for claim processing.