7 Benefits Of Buying Long Term Bike Insurance Policy?

Sikandar khan

Engineer at KW Group | Posted on 10-Nov-2018

Bikes or two wheelers are the most commonly used vehicles on Indian roads. Bikes are so popular that many people possess more than one. Bikes however, are more prone to accidents and damage as compared to four wheelers.

Letsdiskuss

Insurance for bikes therefore, is very important. It has become convenient and beneficial as well now. For those who feel it a burden to renew the insurance every year, have now the changed rule under which the renewal happens after three years and it can happen both offline and online.

Some benefits of bike insurance policy are as follows:

1. You can choose the term of policy renewal according to your own convenience. It could be 1, 2, or 3 years.

2. You also have the option of choosing your desired covered on the renewal of policy. You can opt for loss of accessories, personal accident cover for pillion riders/unnamed heirs, and zero depreciation covers as the ad-o covers.

3. The insurance policy does not only ensure you against man-made disasters like theft, accident, etc., but also against the natural calamities like fire, flood, earthquake, and so on.

4. The insurance of your bike is a convenient process which can happen in online as well.

5. You can avail the discounts offered by the insurance company if you have not claimed the insurance in the term for even once.

6. Insurance gives you a sense of security and let you enjoy all your rides without any unnecessary tension.

7. It also covers your two wheeler against any legal proceeding if your vehicle gets involved in any accident or something.

jhon paul

Analyst | Posted on 30-Jul-2019

Hi I have read your post on bike insurance policy. It is really helpful topic. And I want to suggest some more benefits.insurance is means of protection from financial loss.

Bike insurance policy is that protect you against the personal accident or death. And it also covers you against third party liability against in case of accident liability about death

1.Protection against all kind of Natural Disasters

2.Protection against Man-made Calamities

3.Protection of Legal Interest

4.Access to Discounts and Perks

5.Gives You a Sense of Security

7.Third Party Liability Coverage