New India Comprehensive Bike Insurance Policy

New India Assurance General Insurance Company is a government-owned insurance company that has provided excellent service to thousands of people through its comprehensive bike insurance policy. New India Assurance comprehensive bike insurance policy has provided assistance to its policyholders to deal with the financial and legal liabilities of the third party as well as the financial loss due to damage of the insured’s bike.

New India Comprehensive Bike Insurance vs Third Party Bike Insurance

What All Is Covered Under New India Comprehensive Bike Insurance Plan?

New India Assurance comprehensive bike insurance policy provides coverage for the following aspects:

• Third party liabilities: The insurer provides coverage for the financial and legal obligations towards the third party in case of any damage, loss or injury of the third party caused by the insured’s bike. The compensation amount to be paid by the insurer is decided as per a court of law.
• Own damage caused by natural calamities: Any damage of the insured’s bike caused due to any natural calamities such as flood, earthquake, landslide etc. is covered under New India Assurance comprehensive bike insurance plan.
• Own damage caused by man-made disasters: The damage to the insured’s bike in man-made disasters such as riot, strike, fire, terrorist activities etc. gets covered by the insurer.
• Theft: The insurer provides coverage in case of theft or burglary of the insured’s bike.

What All Is Not Covered Under New India Comprehensive Bike Insurance Plan?

New India Assurance comprehensive bike insurance policy does not provide coverage for the following:

• Normal wear and tear
• Mechanical or electrical breakdown
• Any damage caused due to contractual liability
• Driving without a valid licence
• Driving under the influence of alcohol or intoxicating drugs.
• In case of willful negligence
• Damage occurred during war, nuclear risk, mutiny rebellion or any such situation

New India Assurance comprehensive bike insurance plan provides several benefits to the policyholders which are discussed below:

• Active customer assistance
• Swift and simple claim settlement process
• Easy purchase of policy through online portal
• Avail a wide range of add-on options to stretch coverage
• Provides assistance to deal with third party liability and own damage expense
• Free repair and replacement service in the cashless garages spread all over India.