With the increase in the number of vehicles on road, there is a subsequent increase in traffic and road accidents. Did you know that there is one death every 4 minutes due to a road accident in India? Two Wheelers account for almost 25% of the total road crash deaths. But, we can’t deny the fact that two wheelers is a preferred choice for Indians. For obvious reasons like one can glide through traffic on and off the roads, fuel efficiency etc. However, two wheeler owners are reluctant in buying a two wheeler insurance, which is mandated by law. Buying an insurance policy will help you protect you and your vehicle from the adverse effects of damages incurred due to an eventuality. Comprehensive two wheeler insurance from ICICI Lombard, in that case, is the most preferred among vehicle owners.
Benefits of Comprehensive Two Wheeler Insurance from ICICI Lombard
- Will protect against man-made and natural calamities
Damage or Loss to the two wheeler against natural calamities like
Damage or loss to the two wheeler against man-made calamities
- Malicious Act
- Personal Accident cover
Yes! This is another major advantage of buying a two wheeler insurance that you get a personal accident cover of up to 1 Lakh INR for the individual driver and/or owner of the bike. However, this cover can only be availed under condition where damage is caused to the vehicle while driving, travelling, dismounting or mounting.
- Will cover third party liability
If your bike rams into another vehicle or causes serious injuries/death to the vehicle owner, you are liable to pay for the expenses. However, with the third party liability cover all the expenses are taken care of.
- Provides legal protection
As per the Indian Motor Vehicles Act, 1988, the motor vehicles plying on the Indian roads must have a valid insurance policy. One is liable to pay a heavy fine if found without a two wheeler insurance.
- You get a peace of mind
You can certainly have peace of mind if you know that you are financially protected 24×7.
Get Comprehensive Two Wheeler Insurance from ICICI Lombard Online
ICICI protects almost 60 lakh two wheeler riders who choose them every year. It offers hosts of benefit when you buy it online.
- Secure yourself and your co-passengers
You are ought to get an inbuilt personal accident cover that will offer compensation for accidental death and bodily injuries to the owner and rider. There is an option of additional coverage to secure your loved one with add-on co-passenger cover.
- Protection shield for your two wheeler
One can rely on 2500+ network of garages offered by ICICI Lombard in case of any assistance. The plus point about this is that irrespective of the place where the accident happens, one can locate a nearby network garage and get the required support.
- Long term policy option
If you are one of those who forget to renew their bike policy on time or find it as one of the dullest jobs, then the Long term policy offered by ICICI Lombard which comes with a tenure of 1, 2 or 3 years will help you ride worry-free.
- Online renewal is like a breeze
Expired policies are not an issue anymore, as with two wheeler insurance from ICICI Lombard there will be no inspection required. This is a relief to bike owners who are reluctant to renew their expired bike insurance policies.
- More power to your bike insurance with additional add-on features
Two wheeler insurance from ICICI Lombard also offers electrical and non- electrical accessories for your two wheeler.
Two Wheeler Insurance Plans in India
There are two types of Insurance plans available in India which are:
- Comprehensive/ Package policy
- Third party liability policy
- Comprehensive policy
This type of coverage offers financial protection against own damages or third party loss or damage to your vehicle. The comprehensive type of policy will basically cover natural and man-made calamities. Also, the comprehensive/ package policy is the most recommended two wheeler insurance by industry experts.
- Third Party Liability Insurance
As per the Indian law, the Third party policy (TP) is mandatory in India. A policy of this type covers only the damages or loss caused by the insured bike to the third party or property. Additionally, it also provides personal accident cover for the bike owner. This type of cover can be opted by people who are not very keen splurging on two wheeler insurance policy.
Thus, choosing ICICI Lombard as your two wheeler insurance partner will always keep you financially protected in case of any eventualities.