Comprehensive Cover

Owning or Driving a Motor Bike is a passion that most of the students express when they come out of the schools and India is a country where the dependence on the two wheelers for day to day commuting is seen across the country. Every day Indian roads are seen buzzing with two wheelers being driven by students to office goers for personal and business purposes. With such huge usage of two wheelers and the dependency on them increasing, it becomes very important that these vehicles are insured from the statutory as well as financial loss aspects. Bike Insurance Products: As per the rules laid by the Tariff Advisory committee( TAC),motorized two wheelers in India must have at least a third party insurance and this is made mandatory. This is similar to other vehicles like cars and trucks as well. Any motorized two wheeler used for the purpose of domestic, professional, pleasure and social purpose by the insured or the employees of the insured come under this cover. However the usage of the two wheelers for the carriage of goods other than racing, speed testing, trial, connected to the motor trade are excluded. Third party Insurance cover: Just like in…