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Types of two-wheeler insurance and their benefits

But most bike owners avoid getting insurance due to inconveniences like repeated vehicle inspections and the hassle of policy renewal after a lapse in the renewal date, although a motorcycle owner is bound to have a third party insurance. Luckily, there are many long-term two-wheeler insurance plans available today, which doesnu2019t require you to go for frequent policy renewals. Moreover, they act as a security against unforeseen events.

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Types of two-wheeler insurance and their benefits

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  1. Types of two-wheeler insurance and their benefits

  2. 1 Third-party liability policy It only covers bodily injury and property damage of third-party.

  3. 2 Comprehensive insurance It covers both third-party and bike damage.

  4. 3 Own damage insurance It compensates only for your own bike's loss or damage.

  5. Benefits of long-term bike insurance

  6. 4 Convenient & hassle-free The stress of missing the renewal deadline goes away.

  7. 5 Discount Your insurer may offer a discount on purchasing a long-term policy.

  8. Unchanged premiums • The insurer freezes the premium amount. • You don't need to worry about rising policy premiums.

  9. 6 NCB benefits Even after you make a claim, the NCB does not become zero.

  10. Long-term two-wheeler insurance is not only cost-effective, but also beneficial in many ways, as listed above.

  11. Thanks! Would Love to hear from you. Hero Fincorp Limited 09, Basant Lok, Vasant Vihar, New Delhi - 110057 Tel : 18001024145 Email : corporate@herofincorp.com Website : https://www.herofincorp.com/ Know More : Long-Term Two-Wheeler Insurance Options and Their Advantages

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