Acko Third Party Bike Insurance

Acko General Insurance provides insurance coverage for financial and legal responsibilities of the third party in case of any unfortunate event on roads with its third party insurance plan for bikes. The Acko Third Party Bike Insurance Plan helps policyholders to fulfill the mandatory requirement of the Indian Motor Tariff which makes it mandatory for every bike owner to have at least third party bike insurance.

Acko has set up a user-friendly website that helps the policyholder to know about the third party insurance policy and make a purchase without any hassle. Acko third party bike insurance provides the basic coverage to protect the policyholder from the financial loss due to third party injury or damage.

Acko Third Party Bike Insurance vs Comprehensive Bike Insurance

Acko third party bike insurance provides coverage for the following:

• Financial Liabilities of third party property damage: Acko ensures the coverage of any damage caused up to Rs. 1 lakh to the third party due to the insured’s bike. It provides financial support to the policyholder in case of an accident.

• Bodily Injuries/ loss of life of the third party: The insurer provides compensation for the bodily injury, disability or death of the third party incurred due to the insured’s bike. The compensation amount is however decided in a court of law.

What All Is Not Covered Under Acko Third Party Bike Insurance Plan?

Here are a few points that are not covered under the third party insurance policy:

• Damages caused to the insured bike will not be entertained.
• No coverage is offered for injuries sustained by policyholders.
• Optional personal accident cover for policyholders is not offered.