Royal Sundaram Third Party Bike Insurance

Royal Sundaram General Insurance is one of the leading insurance companies that have been providing third party bike insurance to the policyholders over the years. Third party bike insurance acts as a shield for the policyholders against financial and legal liabilities of the third party.

With the Royal Sundaram third party insurance policy, a policyholder can avoid expenses required to pay for compensating a third party for damages caused by his/her bike. The insurer provides coverage for damage of third party property or vehicle, injury, disability and loss of life. The Royal Sundaram third party bike insurance policy helps the policyholders stay protected against any unforeseen events. Thus the policyholders can remain stress-free on the road.

Royal Sundaram Third Party Bike Insurance vs Comprehensive Bike Insurance

The Royal Sundaram third party bike insurance policy provides coverage for the below-mentioned factors.

• Financial liabilities of third party property damage - Any damage caused to the third party property due to an accident or mishap involving the insured bike gets covered under the Royal Sundaram third party bike insurance policy.
• Bodily injury/loss of life of third party - The Royal Sundaram third party bike insurance provides complete or partial compensation for any bodily injury or loss of life of the third party caused by the insured bike. The amount of compensation is decided as per the court of law.

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

The third party insurance plan provides limited coverage for bike insurance. Following are some points that are not covered under the third party bike insurance policy:

• No optional personal accident cover is offered
• No coverage for damages incurred by the insured’s bike
• No compensation for injuries sustained by the policyholder.