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Two Wheeler insurance is an insurance policy required to provide protection to your two wheeler against any damage which might result into a financial loss. In addition to it, any third party liability which has arisen due to the use of your two wheeler is covered under bike insurance. As per the Motor Vehicle Act, it is mandatory to buy a Liability only policy without which one cannot use the vehicle on road.
A zero depreciation add-on literally protects you against the depreciation of your two-wheeler’s value. With this cover, you can rest assure that you’ll be paid the entire claim amount without deducting the depreciation sum. It also covers rubber, plastic and fiber components.
This insurance add-on cover provides protection against the risk of partial or complete disability and death. It provides you financial assistance in case of a serious injury or death of the rider following an accident.
This add-on is of great benefit in case of total loss. With this cover, you can claim the total ex-showroom price of your bike, taxes and registration charges that you had initially paid.
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