Insurance companies offer online bike insurance renewal via their websites and sometimes even via mobile apps. This makes it easier for the policy owner to meet its requirements thus makes bike insurance renewal process is quick and convenient for the customer.
Two Wheeler Insurance
“Two-wheeler insurance is compulsory in India. Placed under the category of general insurance products. A two-wheelers insurance policy is provided by one of the approved insurance companies licensed by the Insurance Regulatory And Development Authority Of India (IRDAI).”
Types Of Two Wheeler Insurance
In general, there are two different types of two-wheeler insurance in India
- Comprehensive two-wheeler insurance: two-wheeler insurance, also known as first-party insurance, protects against all types of damage to the insured vehicle and its occupants.
- Third party insurance: Third party insurance provides protection against injury or damage caused to the third party vehicle by the insured vehicle.
Also Read:- Renew Bike Insurance With In 2 Minutes
Bike insurance Renewal Online
There are two types on bike insurance renewal.
- Online bike insurance renewal
- Offline bike insurance
Online Bike Insurance Renewal Process
You can visit the insurance company’s website and follow the steps you can renew your insurance on two-wheelers online. Ensure that all data is correct and that all contact information and other personal information is up to date. Keep the previous policy as you extend it so you can see it for details like the previous policy number, and so on.
Also, have banking or Internet banking information ready to be provided when needed. Insurance companies generally create a digital policy in PDF format that does not require a person’s signature when the premium payment is confirmed. Keep this PDF file in a safe place, as it may be needed later. Make an impression and keep it with the two-wheeler documents that you carry with you.
Offline Bike Insurance Renewal Process
Two-wheeler insurance can traditionally be extended by visiting the nearest insurance office. The process is actually very simple, even if you have to find the time to go to the store. It is necessary to know the details of the policy and the vehicle and complete them in the application form.
The new policy is usually delivered immediately by the branch if the premiums paid in cash, with a debit card or on presentation of the credit. Check payments must be paid and your policy is usually sent by e-mail to the official e-mail address. If you wish to purchase new optional users or additional coverage, you may need to Visit the nearest branch. This varies from insurance company to insurance company and is good if this detail is clarified before for additional coverage.
Renewal Process Of Third Party Insurance
To extend Third-party insurance for a two-wheeler, it is necessary to adhere to a vigil on the due date of the policy. Just before your policy expires you can renew your two-wheeler policy online. You need to check the actual expiration date to avoid high inspection costs.
When renewing your bike insurance you will need some documents, such as a current policy document, net banking/debit card details and the registration certificate of the insured bike or scooter.
Learn more: How to claim bike insurance
Answer: Log in to policyplanner.com.
Complete the details of your bike in the renewal form to proceed with your online payment.
Answer: There are two types of bike insurance
1. Comprehensive bike insurance
2. Third party car insurance
Answer: You can easily renew the expired policies online at policy planner in 2 minutes
Answer: Type of insurance where an insured person (1st party) is paid by his insurer (2nd party) in the event of an accident, injury or damage caused by himself or by another person (3rd party). also, read Insurance Claim Procedure
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