Auto

Ride Safe with Two Wheeler Insurance from ICICI Lombard

It's only fair to share...Share on Facebook
Facebook
Share on Google+
Google+
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin

Most two wheeler accidents are likely to result in death or some serious injury. It’s a shocker, but almost 28 two wheeler riders died daily on the Indian roads in the year 2016 and most of them for not wearing helmets. States like Uttar Pradesh, followed by Tamil Nadu and Maharashtra were found leading in this area. Off late, we have seen a lot of awareness campaigns on riding two wheelers safety. A Blogger named Helmet Girl Bandra, has created waves with her antics, wearing a helmet everywhere she goes, but for a cause – road safety. However, on the Insurance front, we have ICICI Lombard driving the charge. Along with safety, the only element that will save you from financial loss in case of an uncertain eventuality is the two wheeler insurance policy. Read on to know more.

Features offered by ICICI Lombard Comprehensive Two Wheeler Insurance

  • Convenience of opting for Long Term Two Wheeler Insurance

It becomes extremely difficult to remember insurance policy renewal date in our day-to-day life. However, the ICICI Lombard two wheeler insurance comes to rescue as it offers long term tenure insurance of 1, 2 or 3 years.

  • The ICICI Lombard Two Wheeler renewal is like a breeze

ICICI Lombard states that their renewal process is one of the easiest and one can renew their two wheeler insurance in no time. Also, the expired policies does not require inspection. This, in turn, provides comfort to the bike owners especially to the ones who are hesitant to renew their two wheelers post-expiry.

  • Protects yourself and co-passengers

With ICICI Lombard comprehensive two wheeler insurance, you get an inbuilt personal accident cover that will compensate in case of accidental death and bodily injuries to the owner and rider. In addition to this, it also offers an add-on passenger cover to secure your near and dear ones.

  • Additional add-on features can enhance your two wheeler coverage
    With the availability of latest technology, there is a wide range of two wheeler accessories available in the market. Both electrical and non-electrical accessories can burn a hole in your pocket. Therefore, with an add-on features like accessories cover, you can cover protect your expensive accessories.
  • You are ought to get a protection shield

You can count on the list of network garages provided by ICICI Lombard. Their 2500 + network is extensive as compared to other two wheeler insurance companies. To top it, one can locate a nearby network garage irrespective of the place where the accident happens.

Properties of an Ideal Insurance Policy

There are two types of two wheeler plans available in the market i.e. Comprehensive/Package two wheeler insurance and Third party Liability Insurance. The Comprehensive two wheeler insurance will protect you against own damage as well as third party liability. And the Third Party Liability policy will protect you against third party damage only. Therefore, it is highly recommended that one opts for a Comprehensive plan. It offers the following features, which is generally expected from an ideal two wheeler insurance.

  • Protection against man-made and natural calamities

This by default is a coverage offered by two wheeler comprehensive policies across all the insurance companies. It covers man-made calamities like theft, strike, riot, malicious acts etc. Natural calamities like fire, earthquake, lightning, flood, rockslide etc. are covered.

  • Personal Accident Cover

The personal accident cover is an inbuilt feature of a comprehensive policy and is offered by most of the insurance companies. This cover will provide coverage of up to Rs. 1 lakh for an individual driver and/or owner of the bike.

  • Third Party Liability Cover

The third party liability cover will provide coverage in case your two wheeler hits another vehicle and causes death/injury to the third party owner. Apart from that, it also covers third party property damage caused by your vehicle due to accident. Also, the third party liability policy is mandated by the Indian Motor Vehicles Act, 1988 for vehicles plying on the Indian roads.

  • Add-on covers

To enhance your two wheeler insurance cover, it is essential to opt for add-on covers. But, one should choose these covers wisely. Not all add-ons covers will benefit you and moreover, you may end up paying a huge amount for your two wheeler insurance.

  • Peace of mind

You are bound to state of tranquility when you know that you are financially protected against the bike accidental damage repair costs.

Disadvantages of Not Having an Insurance Cover

You must be prepared to face repercussions in case you do not have a two wheeler insurance policy like:

  • Penalty – As per the Indian Motor Vehicle Act, 1988 if you do not have an insurance policy you will incur a very heavy fine or face imprisonment of up to three months.
  • Legal Liabilities – Since you are not protected, any damage due to man-made and natural calamities will be single-handedly borne by you. And in case of an accident where the matter is of life and death of the third party you could also be blamed for not having your two-wheeler insurance policy. At times you may also end up paying compensation to the family of the deceased.
Previous post

Why are the Third Party Verification Services good for your Business?

Next post

Advantages Of A Pest Control For Your Residence

David wilson

David wilson