Anshi Roy
As per motor vehicle act 1988, if you want to ride a two-wheeler on Indian road you must opt for a two wheeler insurance policy. At present there are more than 50 million two-wheelers in India; hence the demand for two-wheeler insurance is understandably very high. To know more visit our website. https://www.gibl.in/two-wheeler-insurance/
You can save on your insurance premium if you opt for a long-term two wheeler insurance plan. The third party premium rate is determined by IRDAI and it keeps increasing year on year. However, this rate remains fixed for the tenure of the long-term two wheeler insurance policies, so you don’t have to pay increased third party premium on your long-term two wheeler insurance policy premium.
*Benefits of Long-term Two Wheeler Insurance *
Getting a long-term two wheeler insurance policy is beneficial in all the possible ways. It not only saves on annual third party premium hikes, buy also customers can enjoy benefit of no annual renewal. Following are the some of the major benefits of long-term two wheeler insurance policy.
Lower Premium: If you purchase a multi-year bike insurance policy, you will be eligible for lesser per year premium amount as compared to the annual policy premium. By taking a long-term two wheeler insurance policy, you can lock your lower premium rates for a longer time.
Discounts: A two-wheeler insurance policy for 3 years lets the policyholders avail various discounts. As the insurer can save on different administrative costs through long-term bike insurance plans, so these savings are offered to the customers in the form of discounts. To know more visit our website.
Firstly, you have to inform your insurer at the earliest. In case of theft or a major road-mishap you have lodge an FIR to the nearest police station. If your insured vehicle is damaged severely, you should arrange for an instant spot inspection by your insurer to evaluate the extent of financial loss.
In case of a cashless claim, you can take your damaged vehicle to the nearest authorized garage or in case of reimbursement claim you have to pay the expenses upfront to initiate the claim process and submit relevant documents when necessary and get the amount reimbursed.
To know more visit our site. Two wheeler insurance.
The bike insurance renewal process is not as complicated as it used to be. You may now easily renew your bike insurance online with minimum hassles. And if you find remembering the date of expiry too difficult or do not have enough time to invest into policy renewal, you can opt for a long-term insurance policy for a period of up to 3 years and enjoy riding your two-wheeler without any worries. To know more visit our website Two Wheeler Insurance.
Two-wheeled vehicles are everywhere in India, from lively cities to remote villages. To reach your destination faster, two-wheeled vehicles are the best. They are also inexpensive to buy compared to cars. And almost every family in the middle class has a two-wheeled vehicle in India. Furthermore, even in the high-end motorbike and scooter segment, there has been a boom. It is therefore very important to understand how to select the best two-wheeler insurance in India and how it works. Get more details from this site. Two wheeler insurance.
You never know what awaits you on the road, Stay protected while crossing with Two-Wheeler Insurance Plans... Visit www.gibl.in or call us at 1800-258-2584
Finding the right car insurance online policy is quite tedious job since there are no dearths of car insurance online providers in India. But if you follow some crucial steps of researching, you will also be a successful one to choose the best car insurance online policy in India.
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