Bharti AXA TWO WHEELER Insurance 3 Types of Bike Insurance Plans You Should Know 10 Oct 2017 When you purchase a bike, it is mandatory by the law to buy an insurance plan with the same. A bike insurance would protect and economically safeguard the rider, the bike, the pillion as well as the third party involved in case of a road accident. However, selecting a bike insurance could be tricky at times given that there are different types of plans and add-ons that you can opt for. Following are 3 kinds of insurance plans that you should know of, before you make a selection of the insurance plan: 1.Third-Party Liability Insurance A third-party liability insurance is bought as a basic responsibility of the citizens towards other people. This kind of insurance, basically safeguards the third person that is involved in the accident. It generally covers the cost of damage caused to the vehicle as well as the person. The amount of money approved for the claim is dependent on the policy that you choose. 2.Direct Compensation-Property Damage (DCPD) A DCPD plan is solely for the safety and protection of the vehicle. The health or condition of the driver is not covered under this plan. Your compensation will be directly relative to the damage caused to the bike. Such a plan would cover instances and incidents of road accidents, theft as well as natural disasters. Comprehensive Plan This is one of the best plans that one can go for because it covers the rider, the vehicle as well the third party. This is a total coverage plan for motorcycle riders. However, it should also be noted that these plans usually have a higher premium. This is also a kind of long-term insurance that will cover all the expenses for a longer time, and also provide attractive no-claim bonus. We at Bharti AXA provide you with the maximum benefits on any insurance plan that you may select. We help you understand different types of Bike Insurance Online and choose the one that fits your requirements the best. In a few easy steps, you can now customize and purchase insurance online. With various other facilities and support including 24*7 claim assistance, cashless garages and guidance for saving on the premium amount, we have you fully covered. Explore Our Products Car Two Wheeler Travel Health Bharti AXA Advantages We've raised the bar in being your Two wheeler's ideal insurance companion 4.2 MILLION POLICIES ISSUED 79 BRANCHES ACROSS INDIA 4500+ CASHLESS GARAGE 24/7 CLAIM ASISTANCE Get Quote Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.