Cholamandalam Ms. General insurance company is a joint venture between Murugappa Group and Mitsui Sumitomo Insurance Group, a Japanese insurance company. The company was founded in 2001 in Chennai, India. company deals in various insurance products like health, marine, motor, travel, etc.

Cholamandalam MS Third-Party Bike Insurance
Third-party bike insurance is the most basic type of bike insurance for bikes. Third-party bike insurance is mandatory in India by law. The policy provides coverage against third-party liabilities and property. Hence, the policyholder is not liable to pay for the third party's liabilities in the event of an accident.

Cholamandalam MS third-Party Bike Insurance Benefits.
The benefits are-
1)Policy provides coverage against accident, legal liability, third parties liability.
2)Provides medical coverage in case of a third party is injured or died.
3)The process of renewing or buying a policy is very simple.
4) Third-party premium rates are decided based on the cubic capacity of bikes, hence the third-party premium rates are affordable.
5)Free from any legal liability arising from third-party liability.
What is covered under Cholamandalams's third-party bike insurance policy?
1)Policy provides coverage against legal liabilities of the third party.
2)policy covers bodily injuries or death of the third party.
3)Policy covers 100% reimbursement in event of loss of limbs of a third party, loss of eyesight, death of the third person
4) In the case of partial disabilities, such as bodily injuries, the loss of one leg, or the loss of one eye, the insurance pays out 50% of the compensation.

How to purchase Cholamandalam MS third-party bike insurance policy-
Step 1. Go to the online website of
Step 2. Click on Bike insurance
Step 3. Enter your REGISTRATION no. According to your RC
Step 4. You will find a quotation for Bike insurance from Cholamandalam MS.and other insurers.
Step 5. You can select the quotation of Cholamandalam MS. and fill out the proposal form.
Step 6. Once you verify your information, you click on the "pay now" icon and once the payment is made, you will receive the pdf of your policy on your mail ID.

Exclusions of Cholamandalam MS. third-party bike insurance policy are-
1)Policyholder not liable to get any coverage for his vehicle in plain third party policy.
2)You do not get covered if you are driving a bike under the influence of alcohol.
3)You are covered under the geographical area of the policy terms.
4)Claim that arises due to the events such as war, terrorist attacks do not get offered any compensation amount.
5) A third-party bike insurance plan does not cover any claims that emerge as a result of contractual duties.

Slabs for two-wheeler    Premium rates.
Not exceeding 75cc  - 538
Exceeding 75cc but not exceeding 150 cc   - 714
Exceeding 150cc but not 350cc  - 1366
Exceeding 350cc  - 2804

1) Does third-party bike insurance of Cholamandalam MS include NCB discount?
No, the third party does not include the NCB discount.

2)What things are covered under third-party bike insurance?
Third party's liabilities and the property gets covered in third party insurance.

3)Is inspection needed to renew third-party bike insurance?
No,  third-party bike insurance does not require inspection because it is for a third party.

4)What is the claim amount in event of the death of a third party in Cholamandalam MS?
The amount of compensation is unlimited.

5)Who gets the third party compensation amount after the death of the third party?
The nominee is liable to get the amount after the death of the third party.

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