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Bike Insurance - Pillar

Disclaimer:

Two-Wheeler insurance is subject to policy terms, conditions, exclusions and underwriting guidelines.

Premium: The premium mentioned is excluding taxes for the private two-wheeler model TVS Jupiter with cubic capacity of less than 110 cc for a 1-year Own Damage insurance policy for an IDV of Rs. 31,204. Premium used is Rs. 213/year as of 12th June, 2026 and then converted into a per month basis, which gives us Rs. 18/month (213/12). 

Discount: The applicable discount on premium is determined based on various risk factors, including the vehicle’s Make, Model, NCB status, RTO location where vehicle is registered, vehicle age and IDV (insured declared value). These discounts are derived from rates outlined in the erstwhile Indian Motor Tariff and applied only to the Own Damage (OD) component of the policy. 

Any savings or discounts are limited to the Own Damage portion of motor insurance. The final discount amount may be revised upon submission of complete vehicle and risk related information.

8 Crore+ Policyholders: Figures are applicable to FY 2025–26. The numbers include Health, Personal Accident, Overseas Travel, and Domestic Travel.

Applicable UINs:

Two-Wheeler Package Policy: IRDAN103RP0011V02100001

IndusInd Two Wheeler Policy – Bundled: IRDAN103RP0003V04202425

IndusInd Two Wheeler Policy-  Stand-alone Own Damage: IRDAN103RPMT0024V02202425

IndusInd Two Wheeler Package Policy – 5 years: IRDAN103RPMT0054V02202425

Long Term Two Wheeler Package Policy: IRDAN103RP0001V01201718

“A” Policy for Act Liability Insurance (Two Wheeler): IRDAN103RP0003V01200102

For detailed disclosures, please refer to the Two-Wheeler Insurance Disclaimer page.

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