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Ride without worries, with Bharti AXA long term two wheeler insurance plan.
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Secure your joyous family trips with Bharti AXA international travel insurance cover.
Anywhere you go in India you will see a large number of two wheeler vehicles. They are the most popular mode of private transport across sectors and demographics – from sprawling urban cities to small towns to remote villages. They are affordable, fuel efficient, provide easy maintenance, maneuverable and provide no hassles in parking.
As the usage of two wheeler vehicles increases there is a corresponding rise in the occurrence of vehicular accidents. Third party Insurance is and has been mandatory for all vehicles under the Motor Vehicles Act, 1961. Bike Insurance is available online easily and at the click of a button. The Government of India has amended the rule to state that from September 1, 2018 all new vehicles purchased will have long term insurance compulsorily payable with the purchase of the new vehicle. To facilitate this insurance companies have made long term bike insurance policy purchase easily available in a quick and hassle free manner by just typing bike insurance online in your internet browser window and purchasing it from your insurance company’s website.
This amendment of long term bike insurance policy purchase at the time of purchase of vehicle - was made on the basis of the recommendations of the Supreme Court Committee on Road Safety – who made their recommendation based on statistics. The committee stated:
To this effect the new rule has come in force from September 1, 2018. The effect of these new ruling has been that:
The desired end result of the Long term bike insurance policy being mandatory at time of purchase is that:
To sum it up – for all new vehicle purchases – the long term bike insurance policy is compulsory and vehicle owners cannot buy a vehicle without paying the upfront premium for all the years as per the amended rule.
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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 Insurance needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice for Travel/Health/Motor. 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.
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