What Does Two Wheeler Insurance Cover?

by Ankit Passer insurance counsellor

There are mainly two types of bike insurance plans to choose from: third party liability only

cover and comprehensive cover.

 Liability Only cover

This is a mandatory cover that all the motor vehicle owners must opt for. Third party motor

insurance protects an insured in case of a third party claim arising out of an accident

involving your two wheeler.

The policy covers the followings:

 Injury or Death of Third Party

 Compensation against third party property damage up to specified limits

Keep in mind that the third party policy will not cover any damage to your own vehicle under

any circumstance.

 Package Cover

The package motor insurance policy or, the comprehensive motor insurance policy is not

mandatory. It’s a little bit costlier than the third party policy but there’s no doubt that you

should only go for the comprehensive bike insurance plan since it covers both third party

legal liability as well as any damage to your own vehicle.

 This plan covers any accident by external means, explosion, fire, lightning, self

ignition etc.

 Natural Calamities like Flood, Storm, Earthquake, Landslide, Rockslide, etc are

covered

 Any damage to the vehicle while it’s in transit via air, road, elevator, inland

waterway, rail, lift, etc.

 Manmade calamities such as Terrorist activities, Riots, Strikes or Malicious Acts

 Protection against burglary, House breaking or Theft

So if you are looking for the best bike insurance policy that provides you with a wide range of

coverage in exchange of a considerably lower premium then simply click here and grab the best

deals.

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

Created on Jul 3rd 2020 06:27. Viewed 385 times.