Title: Why Bike Insurance is a Must?
1Why Bike Insurance is a Must?
- Liberty General Insurance
2Introduction
- A two wheeler insurance policy is a mutual
contract entered into by the insured or
policyholder and the insurer or service provider
.The policy provides protection to the vehicle,
in the event of a mishap or natural or man-made
calamity. Policyholders or insured have the
option of selecting either a comprehensive two
wheeler insurance policy or a third-party
insurance policy.
3About Third Party Insurance
- Under the third-party policy, coverage is given
for the damages caused to the vehicle of the
third-party. The coverage is there even for
injuries or medical expenses of the third party.
Third-party liability does not provide anything
in the case of personal or own damage.
4About Comprehensive Cover
- Under the comprehensive two wheeler insurance,
policy coverage is given to both the third-party
involved in the accident and the policyholder for
damages caused to the vehicle as well as coverage
for medical expenses. These days a bike insurance
policy can be bought online in India in just a
few clicks.
5Renew your Bike Insurance on Time
- Driving a vehicle with a lapsed policy is a legal
offence that attracts heavy penalties. That said,
you can renew your bike insurance policy even
after its expiry. The fact that it is easier to
renew bike insurance online in India these days
makes it supremely convenient. - Two-wheeler insurance is an absolute necessity as
it safeguards the vehicle from several risks,
apart from accidents. This is reason enough to
protect your bike with a suitable bike insurance
policy when it is on the road.
6Contact Us
Address 10th Floor, Tower A, Peninsula Business
Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai
400013 Boardline 022-6700-1313 Fax
022-6700-1606? Toll Free No 1800-266-5844 Email
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