Royal Sundaram Bike Insurance

Royal Sundaram Insurance Company Ltd. plays the role of a trendsetter in the insurance industry of India. The company is a subsidiary of Sundaram Finance Group. It was the first private insurance company in India which got licensed in the year 2000 by the Insurance Regulatory and Development Authority of India. The insurer is known for providing specialised insurance plans, specially designed for individuals as well as businesses. Its portfolio ranges from bike insurance, car insurance, health insurance, personal accident insurance, travel insurance, and home insurance. To businesses, it provides specialised insurance products such as fire insurance, marine insurance, engineering insurance, liability insurance, and business interruption risk insurance.

The insurer offers bike insurance policies to the customers at an affordable premium. These bike insurance policies cover any loss or damage caused to the insured bike due to natural or man-made calamities such as landslide, fire and explosion, terrorism, storm and flood, burglary, theft, malicious act, storm and flood, earthquake, etc. Other than the traditional way of providing bike insurance policies, the insurer provides innovative insurance solutions through various intermediaries and affinity partners.

The company has spread its network-wide to cater to all kinds of customers. Its foundations are built on so much trust and compassion. With more than 2,000 dedicated employees, the company has set up approximately 156 branches all over the nation. The exceptional service offered by the company has made it one of the biggest insurance providers in India.

Royal Sundaram Bike Insurance

Royal Sundaram General Insurance Co. Ltd. offers three basic types of two-wheeler insurance for their customers. These include third party insurance, standalone own-damage insurance and comprehensive plans. Purchasing insurance for your two-wheeler is a convenient way to protect yourself from the uncertainties that come with riding a two-wheeler. Third party insurance is compulsory for every two-wheeler in India according to the Motor Vehicles Act of 1988. Moreover, third party insurance is beneficial, it takes care of third party liabilities in case of a mishap including bodily injuries, death and property damage. Keep in mind, if you are caught riding your two-wheeler without it you can be punished with a fine of Rs 2,000 and/or be imprisoned for up to 3 months. Along with third party insurance, it is also a good idea to purchase an own-damage cover. A standalone own-damage cover will compensate the policyholder for the damage to their two-wheeler in case of a road accident, theft, vandalism, fire, natural or man-made calamity. You can also purchase comprehensive insurance, it will cover both own-damage costs and third party liabilities under a single premium.

Furthermore, you can purchase add-on covers to further improve the coverage of your standard two-wheeler insurance. These optional covers give insurance policies the flexibility to fit individual needs and provide coverage for aspects that are otherwise excluded. The zero depreciation cover, consumables cover, roadside assistance cover, passenger assistance cover and return to invoice cover are some things you should check out.

Royal Sundaram General Insurance is a reputed private insurance provider in India. They offer a wide variety of add-on covers to choose from. Moreover, they are well known for their efficient customer service and reasonable insurance premiums.

Significant Points of Royal Sundaram Bike Insurance