Advantages of third party bike insurance

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BIKE INSURANCE
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Advantages of third party bike insurance
Bike insurance is a must and mandatory for every
bike owner in the country. This helps in
safeguarding and protecting the owner of the
vehicle from road accidents and other such perils
associated with motor vehicles. Being involved
in a bike related incident can mean that you may
have to spend a fortune on the treatment of not
just yourself but also pay for the other party as
well whom you might have harmed or have suffered
losses.
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Most people try to avoid buying bike insurance,
but given the adverse outcome of not having one
is scarier. For those who find two wheeler
insurance financially burdensome but still want
to remain on the right side of the law, third
party two wheeler insurance is only option.
Usually the liability is unlimited
according to the Indian government. The basic
conditions under which the third party two
wheeler insurance policies are liable to provide
are
Basically, a third party two wheeler insurance
policy comes in to play in case any third person
or property is damaged as a result.
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The person who is the occupant of the two wheeler
vehicle (not hired) dies or suffers from bodily
injuries Any government property or any property
apart from the vehicle gets damaged or destroyed.
For the properties the liability is
limited. Third party bike insurance policies are
not valid if the accident occurs outside the
geographical area or limits as mentioned in the
policy document. The other condition under
which the policy becomes invalid is, if the two
wheeler vehicle is driven by someone other than
the owner of the vehicle or the driver at the
time of the accident.
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Similar to other policies even the third party
two wheeler insurance policies can be bought
online. The online way which is also referred to
as the E - way is simpler and faster. This is
because when opting to buy the third party two
wheeler insurance policies online one need not
fill long and tedious questionnaires and also
need not conduct various meetings with the agent
of the company representative. Source
https//www.hdfcergo.com/blogs/two-wheeler-insuran
ce/advantages-of-third-party-two-wheeler.html
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http//www.bajajallianz.com/Corp/motor-insurance/t
wo-wheeler-insurance.jsp
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