Wednesday, 18 May 2022

Bike insurance nearing expiry? Use this quick checklist to evaluate your policy before renewal

 

When it comes to purchasing a dream bike, a significant amount of money is involved. But simply managing to arrange the finances for your dream bike won’t be enough. You will also have to obtain two-wheeler bike insurance before your bike can be driven on the road since it’s illegal to ride a two-wheeler without a policy. Simply buying a policy is not sufficient. For two-wheeler policies to remain valid, they must be renewed on time. Each policy has an expiration date. So, when an insurance policy expires, it will have to be renewed. Therefore, it is important to be aware of the expiration date of the policy in order to not miss the renewal. These expiration dates are easily accessible and available online….

Complete the online renewal process

You can renew a policy purchased from any insurer and complete the process online. You will have to enter vehicle details, such as the registration number, choose the policy type that suits you, enter the IDV (insured declared value) along with the add-ons that you wish to receive with your policy, and then complete the process by making the payment online. You will immediately receive the soft copy of your policy on your registered email ID…Read More

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