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It has been found that close to 60% of the motor vehicles, especially scooters and motorcycles in India are not insured. Perhaps that is a result of the complexities associated with the insurance policy renewal process. This is why IRDAI has recently launched long-term two-wheeler insurance plans.
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Call us: 1800-266 5844 Benefits that Long- Term Two-Wheeler Insurance offers Of late, insurance companies have started offering long- term two-wheeler insurance plans which cover the two–wheeler vehicles for a longer time duration. Such policies offer coverage to the two- wheelers for up to three years at a stretch. Listed below are some of the benefits that long-term two-wheeler insurance offers: By getting the insurance coverage for three years, you no more have to worry about insurance renewal. So, no more riding with an expired insurance policy. Premiums of the motor insurances are revised almost every year, which means that by investing in a third-party or a comprehensive cover policy, you are actually paying higher premium. On the other hand, with a long-
Call us: 1800-266 5844 term two wheeler insurance policy, you can lock the premium for three years and avoid the price revision cycle. In case you are riding your bike with an expired insurance policy and there is an accident, you won’t be able to make an insurance claim for the damages incurred. Moreover, if you are caught by the traffic police, you may need to pay hefty fines. Thus, with a long term bike insurance plan, you do not need to go through all these hassles as it is valid for three years. If you are planning to invest in a long term or a multi-year two wheeler package policy, then choose Liberty Videocon. The company allows you to buy multi-year two wheeler insurance policy onlineby making a one-time premium payment. Liberty Videocon General Insurance Co. Ltd. Website: https://www.libertyvideocon.com Address: 10th floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013 Toll Free Number: 1800-266-5844 Email: care@libertyvideocon.com