Why New India two wheeler insurance is your best choice?
Two wheeler insurance plans are a legal requirement in India. There are many two wheeler insurance providers in India such as New India Assurance. New India two wheeler insurance plans are highly sought-after in India for their beneficial features. Let’s take a look at the best features and coverage of New India bike insurance plans.
Coverage of New India two wheeler insurance policy
Like all two wheeler insurance plans available in India, New India two wheeler insurance also provide both liability and comprehensive or package coverage.
Liability coverage of New India two wheeler insurance plan
The liability coverage of New India bike insurance policies provide protection against policyholders’ liabilities to third parties on road. A liability only New India two wheeler insurance plan offers financial compensation in case your insured bike is responsible for third party property damage, accidental physical injuries and even death. The amount of compensation is unlimited in case of third party death and injuries and Rs. 1 Lakh for third party property damage under New India two wheeler policies’ liability coverage.
Package coverage of New India two wheeler insurance policy
The package or comprehensive coverage of New India is much wider as it takes the insured two wheeler vehicle in its ambit as well. Apart from taking care of third party liabilities of the insured, package coverage of New India bike insurance policies also cover financial loss of policyholders due to theft and damages due to a plethora of man-made and natural disasters. A comprehensive New India two wheeler insurance plan covers natural perils like storm, flood, earthquake and man-made disasters like riot, strike, burglary, house-breaking.
Personal accident coverage is also available with New India bike insurance plans. Although, the coverage is for the registered owner driver of the insured two wheeler vehicle, you can pay additional premium on renewal of your New India two wheeler insurance plan to extend the coverage to pillion rider of the insured vehicle. The premium of New India two wheeler insurance is determined on the basis of the factors like IDV, cubic capacity and age of the two wheeler vehicle and the geographical zone where the vehicle is registered.
Renewal of New India two wheeler insurance plan
Now that you know about coverage of New India two wheeler insurance, you would definitely like to go for a New India two wheeler insurance plan and continue with it. To continue with a New India bike insurance policy you have to renew New India two wheeler insurance plan before its expiry. Now it is very easy to renew New India two wheeler insurance online by following some simple steps. First of all, you have to visit the portal of New India Assurance and get to the section for New India two wheeler insurance renewal. Then, you have to mention some details like your existing New India two wheeler insurance policy number and your date of birth and make the payment online. Once the fresh copy of your New India two wheeler insurance is issued, you are done with the New India two wheeler insurance renewal process.
