Everything You Wanted To Know About Your Two Wheeler Insurance-PPT

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2 Wheeler Insurance
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Everything You Wanted To Know About Your Two
Wheeler Insurance! This insurance provides
protection against natural and man-made
calamities like fire, rockslide, landslide,
storm, hurricane, flood, earthquake, burglary,
theft, riots or any damage caused to the vehicle
in transit by road, air, inland waterway or rail.
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For most of us, bikes or scooters may be the
first vehicle we have owned in our life. As
important it is to have them, equally important
is to protect them from all the hazards of the
roads. Thus, it's important to have coverage with
an 2 wheeler insurance policy that covers the
vehicle against natural and man-made mishaps
like fire, tremor, tempest, flood, earthquake,
burglary, theft, riots or any damage caused to
the vehicle in transportation by road, air,
inland waterway or rail.
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Now you don't have to get in touch with agents to
get a two wheeler insurance policy. You can get
it online in a more convenient way. Online
purchasing of these policies is both
cost-effective and time saving. However, before
you buy the policy, whether online or offline,
it's important that you have some basic
information about the cover. The first thing to
know is that a two wheeler cover comes in two
choices comprehensive third party. Third party
is compulsory by the law, which covers only
liabilities for injury, demise or damage of third
party's property during the incident.
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Did you know that your all-inclusive protection
policy also covers third-party liability? Two
wheeler insurance provides mandatory personal
accident cover of Rs. 2 lakh to the insurer/owner
driver, this accident cover can also be opted for
pillion rider. It also protects against legal
liabilities arising due to third party
injury/death or damage caused to its property.
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With this cover, your policy bears all the losses
done to a third person in the event of
everlasting injury or death caused by your bike
or scooter. Not only this, the cover is also
extended to harm caused to the assets or
belongings of another person by your covered
vehicle. This cover can be of great help in
protecting your savings by way of paying
compensation to the injured third party. This
type of coverage also offers a breather in case
of lawful accountability taking place from
accidents or property harm and eases you off the
worries of legal measures.
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There are also chances that you, i.e., the rider
or the owner, can also endure an accident or any
similar mishap which may cause damage or injury.
In such case, the cover is of great help. It
offers an amount in case there is disability or
passing away of the driver or owner. The personal
accident insurance is a default advantage on hand
as a part of the tariff of the comprehensive two
wheeler cover and does not need the payment of
any additional premium. One of the most
imperative aspects of two wheeler insurance,
which you should be aware of, is the own damage
(OD) premium, which you pay to the company for
coverage above the third-party cover. The expense
of this premium permits you to claim recompense
in case of damages to your own insured vehicle,
lest natural calamities.
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Remember your bike or scooter coverage not only
gives you a defense against unforeseen things,
but also lessens your economic load cropped up
during accident and gives you the peace of mind.
After all, your two wheelers are about freedom,
the 2 wheeler insurance policy has been planned
to set you free from worries! Source
http//planet.infowars.com/business/everything-you
-wanted-to-know-about-your-two-wheeler-insurance
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