Oriental Third Party Bike Insurance

Oriental General Insurance is a public sector insurance company that provides an economical solution to shield thousands of people from the unforeseen events of life. Oriental Third Party insurance policy for bikes fulfils the mandatory requirement of law as well as provides assistance to deal with third party liabilities arising due to accidents involving the insured’s bike.

Oriental General Insurance has made it simpler for common people to reach out to them through their online portal. It has even set up an efficient help desk service to assist the policyholders. The Oriental third party bike insurance provides basic coverage of financial and legal liabilities towards the third party.

Oriental Third Party Bike Insurance vs Comprehensive Bike Insurance

Oriental Third Party bike insurance provides coverage for the following:

• Financial Liabilities of third party property damage: The insurer undertakes the financial liabilities towards 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: A compensation is provided by the insurer 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 Oriental Third Party Bike Insurance Plan?

Below are the components that will not be covered under the third party bike insurance policy:

• No coverage for damages caused to the insured bike.
• Injuries sustained by policyholders will not be covered.
• Optional personal accident cover for policyholders is not available.