A two wheeler insurance policy is a lifeline for those who own a bike/scooter as it contains registration and insurance information pertaining to their vehicle. If you happen to lose or misplace your insurance documents, filing a claim becomes next to impossible as you have no papers to prove you have a policy. This could also be a problem if you’re stopped for a check by the traffic police, who can ask you for your registration and insurance information.
So what do you do if you can’t find your insurance documents? The best (and only) solution is to apply for a duplicate insurance policy.
So how do you go about applying for a duplicate two wheeler insurance policy document?
File an FIR
To start with, you will have to file a First Information Report (FIR) at the nearest police station, documenting the loss of the documents. Remember to clearly state your policy number and the type of policy you bought (such as liability only or comprehensive) as well as any add-ons or riders that were purchased along with the policy. You will have to send an attested copy of the FIR to your insurance company as proof that the documents are missing and that you have taken the required action by reporting the loss.
Apply For Duplicate Two Wheeler Insurance Policy Document
The next step would be applying for a duplicate two wheeler insurance policy document.
- You will have to submit a written application to your insurer, stating that you wish to apply for a duplicate two wheeler insurance policy and mention the reason for the same.
- You will be required to submit the FIR copy along with your application.
For policies that are held jointly, both the holders of the policy are required to sign and submit the application.
In the case of loss of two wheeler insurance documents, the insurance company will require you to sign an indemnity bond on no-judicial stamp paper, where you will be making a legal and formal request for a duplicate policy document. This bond will contain your full name (and any other policyholder’s name if the insurance policy is jointly held) and policy number.
The indemnity bond will be signed in the presence of two witnesses (excluding the holder’s family members). In some cases, insurance companies may ask for proof of financial status at the time of signing the bond as surety for it.
Publishing an Advertisement
In some cases, your insurance company might advise you to publish an advertisement in a newspaper mentioning that you have lost your two wheeler insurance papers. If this is the case, send a copy of the published ad to the insurance company.
Once the application has been filed, the insurance company will investigate the same and a duplicate copy of the insurance policy will be issued to you on successful completion of the verification.