Policy protects against 'Accidental damage to the e-cycle'', Liability for third-party' and 'Personal accident'.


A) Loss of or Damage to the E-cycle caused by:

  • by fire explosion self-ignition or lightning;
  • by burglary housebreaking or theft;
  • by riot and strike;
  • by earthquake (fire and shock damage);
  • by flood typhoon hurricane storm tempest inundation cyclone hailstorm frost;
  • by accidental external means;
  • by malicious act;
  • by terrorist activity;
  • whilst in transit by road rail inland- waterway lift elevator or air;
  • by landslide rockslide.

provided that the insurer’s liability (for loss or damage to 1 vehicle in policy year) will not exceed the sum insured set in the schedule.

B) Liability for third-party (Optional):

  • Accidental death / injury to any third party - Rs. 1 lakh
  • Any damage to property owned by third party - Rs. 5000/-

C) Personal Accident Cover: [Rider of the Vehicle – Named Basis]

Capital Sum Insured: Rs. 1 lakh

  1. 100% of CSI for Death, Loss of Two Limbs or sight of both eyes or one limb and sight of one eye.
  2. 50% of CSI for Loss of one Limb or sight of one eye.
  3. 100% for Permanent Total Disablement from injuries other than named above.

Geographical area: India

Excess: 0.5% of the claim amount subject to a minimum of Rs.2500/- for each and every claim

Insured's Declared Value / Insured Value: 95% Invoice Value

Limitations as to Use / Exclusions

  • Consequential loss, depreciation, wear and tear, mechanical or electrical breakdown failures or breakages ;
  • Damage to Tyres and Tubes unless the vehicle insured is damaged at the same time in which case the liability of the company shall be subject to a deduction for depreciation.
  • Loss of or damage to accessories by burglary housebreaking or theft unless the vehicle is stolen at the same time ; and
  • Any accidental loss or damage suffered whilst the insured or any person driving the vehicle with the knowledge and consent of the insured is under the influence of intoxicating liquor or drugs.
  • The policy covers use of the vehicle for any purpose other than: Hire or reward, Carriage of goods other than personal luggage, organised racing, Pace making, Speed testing, Reliability Trials, Any purpose in connection with Motor Trade. Outside India.

Special Conditions

  • The Pedal Cycles / e-Bicycle should be securely locked when left unattended.

Claims procedure

In case an unfortunate loss covered in the policy occurs we request you to take the following steps to get prompt service

  1. Intimate Insurance Company at “Claims Hub Chennai: Non Motor Hub, Silingi Building, # 134, Greams Road, Chennai - 600006. Tel: 044 28291534 / 28291535. eMail: nmrochn@uiic.co.in"
  2. If there are any third party injuries / deaths/ theft of vehicle make sure to inform the nearest Police Station about the accident and also full details of injuries / deaths or damage to any Third Party Property as the case may be
  3. Contact the nearest Office of 'United India Insurance Company Limited’ or contact Perilwise at 044-24765674 or +91-6381257354

Please keep the following details handy while intimating a claim

  1. Policy Number
  2. FIR must for Theft, Burglary and TP claims.
  3. Repair estimate

Basic claim Documents

  1. Duly filled and signed claim form
  2. Purchase Invoice
  3. Policy Copy
  4. Repair estimate
  5. Copy of FIR lodged at the nearest police station for Burglary/Theft
  6. No trace report confirming that the stolen vehicle is not traceable for Burglary/Theft
  7. Subrogation cum Indemnity on judicial stamp paper for Burglary/Theft
  8. NOC from financer, if applicable

Get in touch with Perilwise Insurance Broking Pvt Ltd - Ph: 044-24765674 or +91-6381257354 - Email: support@perilwise.com or 'United India Insurance Company Limited’ Claims Hub Chennai.

Premium Payable

The Premium payable would be 4% of the IDV.

The IDV is determined by 95% of the final Invoice price (inclusive of all accessories)