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Everything you need to know about Reliance General Bike Insurance

Written by Sumit Arora
Updated On Nov 03, 20212 min read
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Purchasing insurance for your two-wheeler is mandatory. Bike Insurance can help you financially in case of accidents. Read this article to know all about Reliance General Bike Insurance.

Reliance General Insurance Company Limited, which is a subsidiary of Reliance Capital Ltd, is a pioneer in the bike insurance industry. Reliance General Insurance Company, one of the industry's major general insurance businesses, has carved out a niche for itself. The firm is involved in a variety of non-life businesses, including two-wheeler insurance.

Everything you need to know about Reliance General Bike Insurance

Everything you need to know about Reliance General Bike Insurance

The Dhirubhai Ambani Group owns Reliance General Insurance Company, which is one of India's biggest insurance businesses. The insurance company offers a variety of two-wheeler insurance policies, including Third Party, Standalone Own-Damage, and Comprehensive Insurance. A two-wheeler insurance policy is a safety net that offers financial and legal protection in the event of damage to the covered two-wheeler or third-party liabilities such as bodily injury/death/property damage. 

The Reliance Comprehensive Two-Wheeler Insurance policy provides comprehensive coverage since it covers both own-damage expenditures and third-party liabilities. This form of two-wheeler insurance policy protects the two-wheeler owner against the risks that come with riding. Cost of own damages or repairs of the insured two-wheeler and third party liabilities such as physical injuries, property damage, death of the third party that can emerge during an accident is covered under a complete two-wheeler insurance policy.

Reliance also provides a number of add-on covers that can be purchased in addition to your standalone own-damage or comprehensive two-wheeler insurance policy to assist you to expand your coverage. Nil Depreciation, Daily Allowance Benefit, EMI Protection, and Helmet Cover are some of the most prevalent add-on coverage given by Reliance General Insurance.

The Benefits Of Purchasing A Reliance Two-wheeler Insurance Policy

Reliance General Insurance's two-wheeler coverage comes with a slew of benefits and extra features. The following are some of the benefits of choosing a Reliance General Insurance plan.

  • Additional add-on covers are available under the plan, providing improved coverage and the ability to customize the plan.
  • A personal accident coverage of up to 15 lakhs is available.
  • There is a cashless claim settlement option available at 159 preferred network garages.
  • The organization specializes in handling disputes and resolving them as quickly as possible.
  • The company's claim settlement procedure is painless and straightforward.
  • Through an easy and quick application procedure, the insurance plan can be purchased or renewed online. Customers only need to go to the company's website and click on the "motor insurance" option, where they can purchase a two-wheeler insurance plan online.
  • Every claim-free year earns policyholders a No Claim Bonus. Bonuses accrued for claim-free years after that. The firm offers a 20 percent No Claim Bonus for the first year, 25 percent for the next two years, 35 percent for the next three years, 45 percent for the next four years, and 50 percent for the next five years.

Take Away

Reliance General Insurance is one of the peer leaders in the general insurance sector, with great customer service, a 159+ network cashless garage, and innovative products. You can select the sort of two-wheeler insurance coverage that best suits your needs and budget. The Anywhere Assist app is a crucial tool that was introduced to address any emergency scenarios in which obtaining aid is difficult.

Must Check:

Two Wheeler Insurance Companies

All About IDV And NCB In Two-Wheeler Insurance 

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard. 

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Written by Sumit Arora
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 Sumit is an insurance industry veteran with more than 20 years in the industry. Sumit is a frequent columnist and speaker at major insurer conventions and is a heard name in insurance circles In his free time, Sumit likes to spend time with his family and go on trips

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