Know All the Benefits of Buying A Two Wheeler Insurance Policy
10 Oct 2017
Two Wheelers are one of the most efficient and cost-effective modes of transport in India. Buying Two Wheeler Insurance Policies such as the Bike Insurance Policy is not only mandatory but is now also a General Insurance Product. Almost all the top insurance policy providers offer this insurance.
Things Covered by a Two Wheeler Insurance Policy
A Two Wheeler Insurance plan will help you minimize the high expenses that a mishap might have otherwise caused to you. In India, natural disasters like floods, earthquakes, etc. end up damaging a lot of property. However, you can make sure that your precious vehicle stays protected under all circumstances. Two Wheeler Insurance also helps you protect your vehicle in case it is ruined due to a natural disaster. Furthermore, Two Wheeler Insurances also help you stay protected under damage due to other circumstances that are out of your control like damages due to traffic, fire, theft, robbing, riots, terrorism, etc.
Benefits of Purchasing a Two Wheeler Insurance
With a Two Wheeler Insurance cover, you not only insure your vehicle against disasters but also against any damage done to the vehicle due to a personal accident. Under the insurance claim, Two Wheeler owners can claim insurance in the event that they incur a loss during driving. Furthermore, these Motorcycle and Bike Insurance Policies help you with a Third Party Cover – which indemnifies you from responsibilities of paying the cost of damages done to the Third Party due to the accident. In case that the insurance policy holder has not made a claim for a certain amount of time, then it is possible for him to file for a No Claim Bonus (NCB) which is essentially a discounted premium rate for the succeeding premiums.
Two Wheeler Insurance is an emerging service and providers are making it extremely convenient for vehicle owners to avail the same. Some provide complete online processes to rid the customers of long lines, while some promise easy and hassle-free transactions.
When we purchase a Two Wheeler, we make good use of it and with increased usage, the probability of a mishap occurring increases. Thus, it is always safe to secure oneself against unprecedented troubles down the road with Bharti AXA Two Wheeler Insurance which not only covers the damages, but also offers Cashless Garages and 24x7 Reliable Customer Services!