Royal Sundaram Two-Wheeler Long Term Package Policy

Royal Sundaram Two-Wheeler Long Term Package Policy is designed to provide package insurance for eligible motorcycles and scooters over a multi-year period. The policy wording describes protection for accidental loss or damage to the insured vehicle caused by specified events, including fire, theft, accidental external means, riot, malicious acts, certain natural calamities and specified transit events. It also provides third-party liability protection according to the policy schedule and applicable law. The actual insurance duration and cover sections depend on the policy issued, so buyers should confirm the selected tenure, premium, insured declared value and terms before purchase.

A long-term package policy combines own-damage protection and third-party liability within a package arrangement. Royal Sundaram has described two- or three-year options for eligible two-wheelers in its product information. This should not be confused with the five-year package option or the bundled policy where own-damage and third-party sections have different durations. Review the issued schedule carefully for the policy period, deductibles, depreciation, IDV and any selected add-ons. Product availability and eligibility should be confirmed directly with the insurer.