Why you should Consider Long-term Two-Wheeler Insurance
11 Oct 2017
The number of Two Wheelers in India is growing every year. This increases the need for all these vehicles to be insured. Moreover, it is mandatory for two wheeler owners in India to get their vehicle insured with Third Party Insurance Cover. To make sure that this large number of vehicles doesn’t go uninsured, insurance policy providers began offering Long Term Insurance policies for two wheelers which covers Bike Insurance for 3 years – thus tackling the problem of non-renewal.
Benefits of Buying Long Term Insurance for Two Wheelers
Some of the advantages of buying a Long Term Two Wheeler Insurance are:
1.Delayed Renewal Policy: One obvious advantage of buying a 3 year bike insurance policy is that consumers need not worry about having to renew their policy for a long time.
2.No Claim Bonus: You can get as much as 50% discount on your renewal following a Claim Free Year on your Bike Insurance Policy. You can also get other available discounts offered by your insurance provider.
3.Same Premium Rates for Prolonged Period: You can avoid the hike in premium rates by opting for Long Term Insurance for your two wheeler for 2 to 3 years.
4.Cover Financial Losses: You get the benefit of insuring your two wheeler against losses caused due to accidents, theft and natural disasters. Furthermore, you can also get other discounts.
5.Add-on Covers: The add-on covers that you added to your policy keeps covering you for a longer period, thus ensuring that you don’t have to renew it after the standard one year policy renewal.
Bharti AXA 3 Year Bike Insurance Plan
From taking you to work to helping you enjoy a relaxing long drive – we understand that your bike has a lot of utility. Your everyday travel can only get safe with a Two Wheeler Insurance Policy. Bharti AXA’s Two Wheeler Insurance for your vehicle can help you get the most out of your driving experience. With our expansive network spread across the country with 79 branches and over 2500 Cashless Garages and 24x7 Assistance, Bharti AXA Two Wheeler Insurance makes for the perfect insurance companion for your Two Wheeler’s safety so that you enjoy more savings, get long term Two Wheeler protection, get more benefits from No Claim Bonuses and benefit from renewals spread over a longer period of time.