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Engine and Gear-box Protection Add-on Cover in Two-wheeler Insurance

The add-on cover of Engine and Gear-box protection in two-wheeler insurance covers the consequential damage of the internal child parts of the engine/gear-box/transmission assembly arising out damage to engine/gear-box, leakage of lubricating oil/coolant, and water ingression. 

It needs to be mentioned here that claims made under this add-on cover will be admissible only if there is evidence of the vehicle being stopped in water logged area resulting in damage to internal parts of the engine due to water ingression. 

Note: Engine and Gear-box Protect add-on cover in Bike Insurance has been filed as Digit Two Private Package Policy – Engine and Gear-box Protect with Insurance Regulatory and Development Authority of India (IRDAI) with UIN number IRDAN158RP0006V01201718/A0017V01201718.

What’s covered under Engine and Gear-box Protection Add-on Cover

Coverages offered under Engine and Gear-box Protection add-on cover are listed below:

Cost incurred for repair/replacement of the engine’s internal child parts such as crankshaft, cylinder head, cam shaft, pistons, piston sleeve, gadget pins, valves, connecting rods and engine bearings, oil pump and turbo/super charger.

Cost incurred for repair/replacement of the affected internal child parts of the gear box/transmission assembly such as gear shafts, shifter, synchronizer rings/sleeves, actuator, sensor, mechatronics and its affected child parts and bearings.

Labour cost required to carry out the repair/replacement of the damaged child-parts of the engine, gear box, and transmission assembly.

Cost of consumables replenished including lubricating oil, coolant, nuts and bolts while repairing the damage.

Depreciation cost on the replaced parts, approved by the insurer.

What is not covered?

In addition to the exclusions listed under the main insurance policy, you won’t be covered for the following under the Engine and Gear-box Protection add-on cover:

  • Any other consequential damage due accident apart from the loss/damage covered under this add-on cover

  • Any payment under this add-on cover in case of constructive total loss/total loss of the vehicle.

  • Any claim which is notified after 3 days of the happening, provided the insurer at its sole discretion condone the delay in notification of claim on merits based on the reason for delay furnished to them in writing.

  • Loss/damage covered under any other type of insurance policy/manufacturer’s warranty/recall campaign/any other packages.

  • Claim where the repair has been carried out without prior approval from the insurance company.

  • Aggravated loss, deterioration or consequential damage to the engine, gear box and transmission assembly including corrosion due to 

a) delay in retrieving the two-wheeler from water logged area, delay in instructing the garage to start repair after the surveyor assessment is completed, delay on the part of garage chosen by you in regard to execution of repair work

b) No claim will be entertained where minimum required reasonable care has not been taken to protect against further loss/damage.

c) Any claim where water inundation is not proved, in case of water ingression-related loss

 

Disclaimer - The article is for informational purposes, collected across the internet and with respect to Digit’s Policy Wordings document. For detailed coverage, exclusions, and conditions about Digit Two Wheeler Package Policy – Engine and Gear-box Protect (UIN: IRDAN158RP0006V01201718/A0017V01201718), go through your policy document carefully.

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