Types of two-wheeler insurance and their benefits
Title:
Types of two-wheeler insurance and their benefits
Description:
But most bike owners avoid getting insurance due to inconveniences like repeated vehicle inspections and the hassle of policy renewal after a lapse in the renewal date, although a motorcycle owner is bound to have a third party insurance. Luckily, there are many long-term two-wheeler insurance plans available today, which doesn’t require you to go for frequent policy renewals. Moreover, they act as a security against unforeseen events. – PowerPoint PPT presentation
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Title: Types of two-wheeler insurance and their benefits
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Types of two-wheeler insurance and their benefits
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Third-party liability policy
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- It only covers bodily injury and property damage
of third-party.
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Comprehensive insurance
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- It covers both third-party and bike damage.
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Own damage insurance
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- It compensates only for your own bike's loss or
damage.
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- Benefits of long-term bike insurance
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Convenient hassle-free
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- The stress of missing the renewal deadline goes
away.
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Discount
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- Your insurer may offer a discount on purchasing a
long-term policy.
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Unchanged premiums
- The insurer freezes the premium amount.
- You don't need to worry about rising policy
premiums.
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NCB benefits
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- Even after you make a claim, the NCB does not
become zero.
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- Long-term two-wheeler insurance is not only
cost-effective, but also beneficial in many ways,
as listed above.
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Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi -
110057
Tel 18001024145
Email corporate_at_herofincorp.com
Website https//www.herofincorp.com/
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