3 Reasons Why You Must Purchase Bike Insurance

1
Bike Insurance Plan
2
Introduction

• Motorbikes and scooters are very popular in India
  due to their functionality and cost-effectiveness.
  The streets of most Indian cities are filled
  with two-wheelers, and they are one of the
  primary modes of transportation of the common
  people. However, many owners of two-wheeler
  vehicles in the country neglect to buy or renew
  their bike insurance policy. Purchasing a good
  bike insurance plan from a reputed insurance
  company is very important for a number of
  reasons. Some of the reasons why you should
  purchase two-wheeler insurance as soon as you
  have bought the vehicle have been mentioned in
  the following slides.

3
Legal Necessity

• Buying a two-wheeler insurance policy is
  mandatory for bike owners in India. This is
  because if a bike meets with an accident on the
  road, it may cause injury or loss to a third
  party. If the victim does not have the financial
  wherewithal to pay for his own treatment or to
  repair his damaged property, then the owner of
  the bike must compensate the third party for any
  loss, damage, or injury caused by the accident. A
  two wheeler insurance policy ensures that the
  bike-owner is able to meet this financial
  liability. It also protects the owner from
  financial setback, as the insurance company pays
  the compensation to the third party.

4
Financial Security

• If your bike is stolen or lost, or if it sustains
  damage in a riot, strike, natural disaster,
  accident, etc. then the insurance company will
  compensate you for your loss. It will also pay
  for any repairs required by your bike in order to
  fix the damage. Therefore, you and your family
  will be shielded from the financial blowback of
  any unpredicted external adversity.

5
Health and Wellbeing

• If you are injured in an accident involving the
  insured bike, then the insurance company will be
  liable to pay for your treatment, hospitalization
  and surgical costs, ambulatory charges,
  physiotherapy, follow-up visits, and other
  expenses related to your recovery. This will
  enable you to avail the benefits of
  state-of-the-art medical technologies, without
  putting a dent in your savings. You will also be
  able to focus on getting better without worrying
  about money.

6
The Best Insurance Provider

• Liberty Videocon is one of the most reputed
  insurance companies offering two-wheeler
  insurance plans with extensive coverage and
  reasonable premiums. They also have a wide
  network of partner hospitals and garages spanning
  the country. You can easily compare bike
  insurance policies online to fully understand the
  many benefits offered by Liberty Videocons
  two-wheeler insurance plans.

7
Contact US

• Address 10th Floor, Tower A, Peninsula Business
  Park,
• Ganpatrao Kadam Marg, Lower Parel, Mumbai
  400013
• Boardline 022-6700-1313
• Fax [phone]?
• Toll Free No 1800-266-5844
• Email care_at_libertyvideocon.com
• Website https//www.libertyvideocon.com
• Facebook http//www.facebook.com/libertyvideocon
• Twitter http//www.twitter.com/LibertyVideocon
• Google https//plus.google.com/LibertyvideoconI
  ndia