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Benefits of Purchasing Motor Insurance

This PPT elaborates on the fact that two-wheelers, such as bikes and scooters, have become a popular mode of commutation in comparison to cars in congested cities. It further talks about the advantages of owning a bike and the importance of investing in a bike insurance. This PPT also talks about the essentials of a bike insurance policy.

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Benefits of Purchasing Motor Insurance

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  1. Essentials of a Bike Insurance Policy Liberty Videocon

  2. Introduction A person uses their vehicle almost every day in order to commute from one place to another, whether it is a two-wheeler or four. Owing to the heavy traffic, congestion prevalent in urban cities, and rise in fuel prices, many people are opting to buy a bike or a scooter instead of a four-wheeler. Two-wheelers offer higher fuel economy in comparison to cars and can be easily maneuvered through thin lanes and congested areas. Moreover, riding a bike adds a certain panache and class to the personality of a person. However, owing to the nature of their make and use, bikes are much more prone to accidents than cars. Therefore, it is important that you invest in a bike insurance policy, in order to minimalize all the financial risks that may occur in case your two-wheeler suffers from an accident. The items covered by a comprehensive bike insurance plan are mentioned in the following slides.

  3. Items Covered Under a Typical Bike Insurance Policy • The damages suffered by the bike due to an accident. • Third party liabilities that cover the injury or death of the person and the damage caused to their property. • Personal accident cover to the owner or the driver, in case of injury or death. • Damage suffered by the bike due to certain natural and manmade causes, such as: • Lighting, explosion, fire, and self-ignition • Vandalism or theft • Riot or strike • Hurricane, flood, earthquake, storm typhoon, cyclone

  4. Items Covered in Case an Additional Nominal Premium is Paid • Damages sustained by the non-electrical and electrical parts of the bike. • Personal accident cover to any other passenger apart from the driver. Bike insurance plans offered by the most reputed insurance companies are of two types, which are listed in the slides below.

  5. Two Wheeler Package Policy This policy provides a comprehensive year long coverage to the insured. The insured gets to avail the benefits of cashless claim service and special insurance claim related support services.

  6. Multi-Year Two Wheeler Package Policy In our busy day-to-day life, it is quite easy to forget important insurance renewal dates. Therefore, the tenure of this policy can be of 2-3 years, which helps you to ride your bike without worrying about the insurance renewal dates for a couple of years.

  7. Best Place to Buy Vehicle Insurance Liberty Videocon is one of the most renowned insurance companies offering bike insurance policies. They have partnered with more than 3000 garages across India, so that the motor troubles of the insured can be addressed anywhere, without any financial hassles. You can easily compare the best bike insurance policies from their website and choose the one that meets all your needs and requirements.

  8. Contact US Address: 10th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013 Boardline: 022-6700-1313 Fax: 022-6700-1606​ Toll Free No: 1800-266-5844 Email:care@libertyvideocon.com Website:https://www.libertyvideocon.com Facebook: http://www.facebook.com/libertyvideocon Twitter:http://www.twitter.com/LibertyVideocon Google+:https://plus.google.com/+LibertyvideoconIndia

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