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Thursday, October 11, 2018

Two Wheeler Insurance: Essential Things You Should Know


Two Wheeler Insurance: Essential Things You Should Know

Anyone riding a bike in India needs to have an insurance policy as that’s mandatory by the law and also helps to keep you financially protected in the event of an accident.

With an active online 2 wheeler insurance policy, you can save from paying out of your pockets during a road accident and instead, let the insurance company do that.

However, to avail the facilities offered in an online 2 wheeler insurance policy or offline policy, all that you need to do is – keep your policy active. To keep your online 2 wheeler insurance policy active, you will need to renew the policy on time.

Hence, if your online 2 wheeler insurance policy is about to lapse or expire, you should take quick measures to renew it online. This post will talk about the benefits that an online 2 wheeler insurance policy renewal can award you with.   

1)    It offers protection against natural disasters

Did you know that renewing your online 2 wheeler insurance policy on time can help save a huge amount of money that you would have spent in a natural disaster? 

Yes, be it fire, earthquake, landslide, earthquake and more, the online 2 wheeler insurance policy can bear the cost of all and help you pocket savings.

2)    Man-made calamities are also included

Other than saving from the financial obligation of paying out of your own pockets during a natural disaster, you can also save money on man-made issues. 

Yes, strikes, war, theft and more are also covered in your online 2 wheeler insurance policy. All that you need to do is renew it on time to keep enjoying the coverage.

3)    Discounts and perks galore 


Leading online 2 wheeler insurance policy service providers offers its subscribers the rewards of renewing the policies on time by offering some discounts and more. 

Yes, if you are regular at renewing the online 2 wheeler insurance policy, the service providers will surely offer some discounts such as No Claim Bonus (NBC). 

The opposite of it is also true as not renewing the online 2 wheeler insurance policy on time also leads to losing these discounts and perks.

4)    Provides you with a peace of mind

One of the major benefits of doing the online 2 wheeler insurance policy renewal on time is enjoying a deeper sense of security. The feeling that someone is there to bear the cost of any untoward incidence in the future can help you relax and live stress-free. 

You can also ride on the road confidently and save traffic fines slapped under the traffic laws. What’s more, not carrying a proper or expired online 2 wheeler insurance policy may let the traffic police to charge a hefty amount. 

Thus, it is vital, self-beneficial and overall satisfying to opt for an online two-wheeler renewal plan. If you have purchased a plan online, you can renew it online with a click of some buttons and within a fraction of minutes.

The Bottom Line

Who does not want to ride his/her bike on the road with utmost confidence? All of us want to do that and in the same context, having a proper online 2 wheeler insurance policy can help us drive with extreme confidence.

You are now aware of the benefits that a timely online 2 wheeler insurance policy can offer, it would be good to check your policy and renew it in the nick of time.
You can also take the help of an insurance expert if you are still not convinced about the benefits of the online 2 wheeler insurance policy renewal.     



Two Wheeler Insurance: Essential Things You Should Know Reviewed by S. Chitra on October 11, 2018 Rating: 5 Two Wheeler Insurance: Essential Things You Should Know Anyone riding a bike in India needs to have an insurance policy as that’s mand...

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