Articles

The Wide-Ranging Benefits of Long-Term Bike Insurance Policy in India

by Ankit Passer insurance counsellor
In the middle of your busy day to day schedule it is pretty much natural to forget your two wheeler
insurance renewal date. Now, forgetting to renew your bike insurance on time may cost you to face
some really harsh consequences.
You may even get penalized for forgetting about your two wheeler insurance renewal if you get caught
driving your bike with expired insurance. But how beneficial would it be if you could renew your bike
insurance for a longer period? How relaxed would you feel if you don’t have to stress over your timely
bike insurance renewal by remember the renewal dates?
Well, we know it will provide you more sense of security and relaxation if you could insure your bike for
longer period. Think no more because many insurance companies in India provide long-term bike
insurance policies with maximum time period of three years. There are a number of benefits of choosing
to buy multi-year bike insurance policy since it offers you a broad range of additional advantages
including cost cut on your two wheeler insurance plans and so much more. To know further keep
reading.
 Save On Your Premium
By opting for long-term two wheeler insurance online policy, you can save up to 20 to 40% on your
premium. So this basically means that you will have to pay a reasonably lower premium when you go for
long –term two wheeler insurance policy rather than choosing for yearly bike insurance renewal
scheme.
 Easy Policy Portability
You can easily port you long-term bike insurance policy from one insurer to a different insurer after the
completion of a certain time period as per your two wheeler insurance online plan and its guidelines.
 Easy Cancelation
Buying multi-year two wheeler insurance doesn’t mean you will have to stick to the same plan or
coverage until your policy expires. You can cancel or terminate you long-term bike insurance policy and
opt for better coverage or other insurance provider of your own choice any time.
 Forget the Date of Bike Insurance Renewal
You no longer have to struggle with keeping in mind the due date for your two wheeler insurance
renewal. Given that a long-term bike insurance policy lets you take pleasure in the benefits of two
wheeler plans for a long period of time, you can afford some relaxation.
 Instant and Quick Bike Insurance Policy Online
You no longer have to keep up with the unnecessary and boring paperwork regarding the purchase two
wheeler insurance. You can buy the best two wheeler insurance policy online with long-term insurance
validity. You will have to provide the necessary details regarding your policy and vehicle and you will
receive a single page document of your three year bike insurance policy.

Apart from all these above mentioned advantages of multiyear bike insurance policy, there are some
more additional benefits that come with them such as additional discounts, cashless garage facilities,
personal accident cover for co-passengers and driver or owner etc.

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About Ankit Passer Advanced   insurance counsellor

26 connections, 0 recommendations, 100 honor points.
Joined APSense since, August 23rd, 2018, From Kolkata, India.

Created on Apr 2nd 2020 08:13. Viewed 420 times.

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