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ICICI Lombard is a joint venture between ICICI Bank and Fairfax Bank. The company was established in 2001 and is a leading general insurer in India. ICICI Lombard offers products like general insurance, health insurance, motor insurance, and travel insurance.
ICICI Lombard Stand Alone Own Damage 2 wheeler Policy
Any vehicle that has been bought after September 1st, 2018 can buy SAOD policy. The policy covers you from damages to your vehicle only. Stand alone own damage policy premiums are low and affordable.
Benefits of buying ICICI Lombard Stand Alone Own Damage Policy
How to purchase Stand Alone Own Damage Policy from ICICI LOMBARD General Insurance.
Coverage Stand Alone Own Damage policy from ICICI LOMBARD General Insurance.
Exclusions under Stand-Alone Own Damage Policy in ICICI LOMBARD General Insurance.
Frequently Asked Questions
No, without a driving license you cannot file a claim.
No. Comprehensive insurance includes third party liability coverage, as well as own damage coverage, and SAOD insurance only covers own damage losses only.
No, SAOD policy is not compulsory in India. Third party liability is compulsory for all vehicles under Motor Tariff Act. However, a majority of vehicle owners prefer to have an own damage cover as it provides the much-needed protection. Both, for your vehicle and your pockets.
ICICI Lombard offers zero depreciation, engine protector, roadside assistance, and many more addons. Find out more about addons offered by ICICI Lombard here.
If you have bought your vehicle after September 1st, 2018, your vehicle is eligible to have an SAOD policy.