Two Wheeler Insurance

Your two-wheeler gives you the independence and convenience of driving wherever and whenever you want to, but don’t forget that it also needs to be insured for your and the vehicle’s own safety.The Motor Vehicles Act 1988 makes it mandatory for all vehicle owners to have a valid insurance policy.Two-wheelers consist of scooters, bikes, mopeds, etc. Your two wheeler insurance saves you from any financial loss caused because of an accident, damage or theft of your vehicle and also covers the safety of the co-passengers,someone else’s property and pedestrians. Two wheeler insurance requires renewal after a fixed period of time (usually 1 year) .

Its Key Benefits ?

• In case of any loss or damage under natural or man-made calamities such as accident, flood,lightening, landslide, fire, burglary, theft, riot, etc. caused to your vehicle, will be compensated and covered by the insurance company after an assessment as per the agreement.
• You get a discount called the No-Claim Bonus (NCB) if you do not claim any compensation on your policy in the previous term.
• The NCB is transferable within 90 days of your renewal due date.