Simplify Your Bike Insurance Renewal with Long-Term Coverage


It's time to face the reality: you've either narrowly missed or completely forgotten to renew your bike insurance before it expired. Quickinsure understands that keeping track of renewal dates can be challenging for many customers due to their busy schedules.


To eliminate the hassle of your bike insurance renewal every year, top insurers available on Quickinsure now offer a Long-Term Two-Wheeler Insurance plan for a period of three years. With a one-time payment, you can now enjoy three years of seamless protection with this plan.


What is Long-Term Bike Insurance? As the name suggests, it provides insurance coverage for an extended period, protecting your vehicle against loss or damage. It offers more benefits than a typical two-wheeler insurance policy. By opting for a long-term plan, you can avoid the yearly renewal process and enjoy uninterrupted protection for up to three years.


Features of Long-Term Two-Wheeler Insurance:

  1. No need for yearly renewals.

  2. Choose between a 2-year or 3-year policy with discounted premiums.

  3. If you make a claim for loss, constructive total loss, or theft of your two-wheeler within the first or second year, you can receive a pro-rata return for the remaining time.

  4. The Third-Party Liability Premium remains unaffected throughout the policy term.

  5. The Service Tax remains unchanged during the policy period.


Advantages of Long-Term Two-Wheeler Insurance:

  1. Save yourself the hassle of annual renewals.

  2. Comprehensive insurance coverage for all major two-wheeler manufacturers.

  3. Additional benefits beyond the No Claim Bonus.

  4. Avoid losses due to gaps in policy renewal.

  5. Enjoy attractive discounts on the cost of long-term two wheeler insurance.


Coverage provided by Long-Term Two-Wheeler Insurance:

  1. Third-Party Liability: Protects you against any legal liability arising from accidental death or physical injury to a third party, as well as damage to third-party property caused by your two-wheeler.

  2. Damage or loss to the vehicle: The policy covers accidental loss or damage to the vehicle, including:

  • Fire, explosion, self-ignition, and damage caused by external forces.

  • Damage during transportation by land, air, sea, or inland waterways.

  • Natural calamities such as lightning, landslides, earthquakes, floods, typhoons, hurricanes, storms, tempests, inundations, cyclones, and hailstorms.

  • Theft, riots, strikes, malicious acts, terrorist activities, and break-ins.


Exclusions of Long-Term Two-Wheeler Insurance:

The policy will not cover loss or damage to the vehicle or its accessories under the following circumstances:

  • Normal wear and tear of the vehicle.

  • Depreciation or subsequent losses.

  • Electrical or mechanical failures.

  • Unauthorized use of the vehicle.

  • Damage caused by an unlicensed driver.

  • Damage caused by driving under the influence of alcohol or drugs.

  • Damage or loss resulting from mutiny, war, or nuclear perils.


Bonuses of Long-Term Two-Wheeler Insurance:

  1. Up to 50% No Claim Bonus is available.

  2. You can voluntarily deduct up to 25% of the Own Damage (OD) Premium, with a maximum cap of Rs. 750.

  3. Anti-theft devices can earn you a discount of up to 2.5% on the OD Premium, with a maximum of Rs. 1000 for 2-year policies and Rs. 1500 for 3-year policies.

  4. Automobile association members receive a 5% discount on the OD premium, up to a maximum of Rs. 100 for 2-year policies and Rs. 150 for 3-year policies.

  5. Specially designed or modified cars for the blind, disabled, and mentally challenged individuals receive a 5% discount on the OD premium for the first two years of the bike insurance policy and 8% for the first three years.

Comments

Post a Comment

Most Visited Site

What does Car Insurance Cover - Quickinsure

Image
Car insurance is a contract between a policyholder and an insurance company that provides financial protection for the policyholder in the event of damage to their car or liability for damage caused to someone else's property or vehicle. The policyholder pays a premium, and in exchange, the insurance company agrees to pay for certain specified losses or damages incurred by the policyholder. Car insurance is mandatory in most countries, including India, and it is a legal requirement to have a minimum level of insurance coverage for your vehicle. The coverage offered by car insurance policies typically includes third-party liability, own damage, and personal accident cover, among others. The specific coverage and benefits offered can vary depending on the policy, so it's important to carefully review the terms and conditions of your policy to understand what is and what is not covered.  WHAT IS COVERED IN CAR INSURANCE POLICY A car insurance policy typically covers the following:
Read more

How to Get a Duplicate Two Wheeler Insurance Copy Online

Image
Two-wheeler insurance policies are crucial documents that outline the terms and conditions of the insurance policy between you and the insurance company. As per the regulations of the Government of India, owning a third-party insurance plan is mandatory for all bike riders. Failure to have an insurance policy can result in a penalty and fine. Similarly, possessing a two-wheeler license is important, and travelling without it can land you in trouble. It is advisable to carry a soft copy license as it is one of the safest and most convenient ways to carry it with you. In today's digital age, ICICI  Lombard two wheeler insurance offer soft copies of two-wheeler insurance policies that you can carry with you at all times. Physical copies of these papers can easily be damaged by water, sweat, natural calamities, fire, and wind, and they can also be misplaced easily. In this article, we will discuss how to download a duplicate bike insurance copy in case of loss or damage of the origina
Read more