auto desk. Most of the two wheelers run on the roads in India. At the same time, there is also the possibility of maximum damage after an accident. It is generally seen in the country that people are careless about the insurance of bike or moped. After a few years of buying a two wheeler, the drivers do not insure it, see why it is necessary to insure any vehicle..
Two wheeler insurance plan that provides coverage against damage caused to the bike or the bike driver due to any accident, theft or natural calamities. It also protects you from accident claim against you. When you have car insurance, you can drive with confidence, it keeps you tension free.
If your two wheeler gets damaged, you can get the sum insured. IRDAI has made it mandatory for all two wheelers in India to have a third party policy of 5 years, so that the vehicle is legally driven on the roads in India from the period of purchase of the vehicle. If you have an old vehicle and have not taken a third party policy, then get it as soon as possible, otherwise you may have to pay a big fine.
Two wheeler insurance is mandatory As per the
Indian Motor Vehicles Act, 1988, all owners of motor vehicles must take a valid vehicle insurance policy. At least third-party insurance is a must if you want to legally drive on country roads.
It also gives you financial security. It provides necessary financial assistance for protection against damage to the insured vehicle, third party property and bodily injury to the rider, pedestrian or rider.
Also gives protection against these events
Two wheeler insurance covers your vehicle under the policy of loss or damage due to fire, earthquake, accident, theft or any other natural calamity. Third party insurance also protects you against damages caused to you by accident while driving, damage to property caused by any third party injury, death or damage, in case the company pays the claim against you.
Features of
Two Wheeler Insurance Policy Two wheeler insurance policy plan provides financial coverage to your vehicle. It is mandatory to have two wheeler insurance to drive legally on the roads of the country. This saves you from paying punishment or fines.
Apart from this, the insurance company provides accident cover up to Rs 1 lakh, which is given to the policyholder in case of permanent or temporary disability or accidental death. With a valid insurance plan, you remain stress free. You will get financial protection against damage repair expenses of your vehicle thereby saving your expenses.
