Raheja QBE Third Party Bike Insurance

Raheja QBE General Insurance is a leading insurance company that caters to the insurance requirements of many through its bike insurance policies. Raheja QBE third party bike insurance policy has been designed to undertake the third party liabilities arising out of road mishaps caused by the insured’s bike.

Raheja QBE third party bike insurance policy serves as the most affordable solution to fulfill the statutory mandate of the law. It relieves the policyholders from the financial and legal burden of the third party liabilities in case of an accident due to the insured’s bike.

Raheja QBE Third Party Bike Insurance vs Comprehensive Bike Insurance Policy

The Raheja QBE third party bike insurance policy provides coverage for the following:

• Financial liabilities of third party property damage: The third party bike insurance policy covers any third party property damage caused by the insured’s bike. The insurer provides compensation for third party property damage up to Rs.1 Lakh.

• Bodily injuries/loss of life of the third party: The Raheja QBE third party bike insurance policy compensates for any bodily injuries, disability or loss of life of the third party caused by the insured’s bike. However, the amount of compensation is decided as per the court of law.

What All Is Not Covered Under Raheja QBE 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.