Cholamandalam MS General Insurance Company is a joint venture between Murugappa Group and Mitsui Sumitomo Insurance Group of Japan. The company was founded in 2001 in Chennai and deals in a range of insurance products including health, marine, motor, travel, and more.

Stand Alone Own Damage Private Bike Policy in Cholamandalam.

If you have bought your vehicle after September 1st, 2018, your vehicle is eligible to have an SAOD policy. Stand alone own damage policy covers the policyholder’s losses to his vehicle in events like accidents, natural, manmade calamities.

Benefits of buying Stand Alone Own Damage policy from Cholamandalam MS

  • Wordings of the policy are straightforward
  • Policyholder makes himself insured and with customized IDV value
  • Security against unforeseen emergencies and related expenses
  • Easy to purchase online with Quickinsure
  • Claim settlement process of the company is easy and fast

How to purchase Stand Alone Own Damage Policy from Cholamandalam.

  1. Visit the Quickinsure website
  2. Click on the ‘two-wheeler insurance’ icon
  3. Enter your vehicle registration number according to your vehicle’s registration certificate (RC)
  4. You can compare quotations from various insurers and select the one that suits your needs.
  5. Fill out the proposal form and double-check to confirm that all details are correct.
  6. Complete the payment and your policy will be instantly in your inbox.

 Coverage of Stand Alone Own Damage Policy in Cholamandalam.

  • Damage to your bike as a result of a collision or accident is covered.
  • Floods, typhoons, hurricanes, earthquakes, and other natural disasters are covered.
  • Coverage for man-made disasters such as rioting, vandalism, and so on.
  • Coverage in the event that your bike is stolen.

Exclusions under Stand-Alone Own Damage Policy in Cholamandalam.

  • Policy does not cover third-party liabilities.
  • Damages arising out of high-speed driving, drinking, and driving are not covered
  • Damage caused by riding a two-wheeler in a flood, which is not suggested by the manufacturer, will not be covered.

Frequently Asked Questions

  • Can third-party liabilities also get covered under SAOD policy?

No, third-party liabilities do not get any coverage under the SAOD policy.

  • Can I customize the IDV value as per my requirement?

Yes, it is possible to adjust the IDV value as per your requirement. Our experts at Quickinsure can help you with this. Get in touch with us today!

  • What are the add-ons offered by Cholamandalam MS?

Cholamandalam offers zero depreciation add-on, engine protector addon, roadside assistance, and many more. Here is a detailed article about Cholamandalam MS addons.

  • Who is eligible to buy an SAOD policy?

If you have bought your vehicle after September 1st, 2018, your vehicle is eligible to have an SAOD policy.

  • What is the main feature of buying an SAOD policy?

An SAOD policy protects you from unforeseen expenses arising out of damages to your vehicle. Having an SAOD policy for your bike or scooter provides the ultimate peace of mind and safeguards your pockets too! Get this coverage for your vehicle today!

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