National Third Party Bike Insurance

National General Insurance is one of the most trusted insurance companies in India. It has gained the trust of thousands of people over time by providing assistance against the uncertainties of life. The National third party bike insurance helps you to fulfil the statutory requirement of Indian Motor Tariff as well as relieves you from the burden of third party liabilities in case of an accident or any other mishap.

National General Insurance has set up a user-friendly website to enhance the experience of its policyholders and save their time. The National third party Bike insurance provides basic coverage to provide financial and legal assistance for the third party damage incurred due to the insured’s bike.

National Third Party Bike Insurance vs Comprehensive Bike Insurance

National Third Party bike insurance provides coverage for the following:

• Financial Liabilities of third party property damage: The insurer takes care of the financial loss of the third party property damage incurred due to the insured’s bike. It provides coverage for third party damage up to Rs. 1 Lakh.
• Bodily Injuries/ loss of life of third party: The insurer provides compensation for the bodily injury, disability or loss of life of the third party caused due to the insured’s bike. The compensation amount is however decided by a court of law.

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

A third party insurance plan is mandatory to be owned by every bike owner. It is beneficial to cover the third party expenses, but holds a limited coverage. Below are some important points which are not covered under the third party insurance policy:

• No coverage is given for injuries suffered by customers.
• No coverage is offered for damages caused to the insured bike.
• Optional personal accident plans for policyholders is not provided.