Two-wheeler Insurance Policy
Major Risks Covered:
Main Policy Exclusions:
- Third party legal liability (injury, death and damage to property)
- Loss due to natural calamities (earthquakes, flood, landslide, etc.)
- Damage on account of man-made disasters (theft, riot, accident, etc.)
- Cost of accidental hospitalization
- Mechanical breakdown
- Consequential loss
- Wear and tear of bike
- Loss on account of intoxicated riding, etc.
Know why more people prefer to buy insurance online
Financial security, credibility, and timely assistance are what every insurance policy must guarantee. So, what makes online policies attractive to bikers? Read on to know more about their advantages:
1. Making an Informed Decision
The Internet provides a plethora of information and knowledge can be easily sought here. You can choose from a wide range of insurance products to meet your specific requirements.
Bike owners may peruse the terms of risks coverage, features and exclusions of the policy easily on the insurer's website. Additionally, the website helps you to locate your nearest garage and hospital.
2. Buying Directly From the Company
You can avoid an intermediary and get policy-related information directly from the insurer online. This will not only reduce extra expenses but also help you to understand the policy firsthand and pick one that suits you the best.
Without the middleman, a biker can be rest assured that all his communication with the insurer is direct and secure. Your cover requirements may be different from that of your friends' and you can choose from the available options accordingly.
3. Availing 24x7 Assistance
While getting acquainted with your bike insurance policy, if you do not understand certain terms, you can sign into the online chat room and get your queries answered directly from the company.
Online insurance companies go a step ahead and help you schedule payment reminders so that you avoid an accidental lapse in the policy.
4. Ensuring Payment Security
Bank-to-bank payments using net banking, debit or credit cards, etc. are on record and the secure payment gateway eliminates the risk of fraud.
5. Availing Convenience
Online bike insurance policies are foolproof, quick, and hassle-free, involving less paperwork. These provide a convenient method of payment. With options like E-payment (internet banking) and M-payment (mobile banking), you can easily complete the task from almost anywhere.
Your insurer's mobile app could help you to get quick quotes, renew policies, avail cashless claims and track claim settlement process.
Just as bikes offer more flexibility to motorists on the road, online bike insurance policy adds more flexibility to the contract of insurance. The ease of purchase, security and reliability make the online purchase procedure convenient and attractive.