Top bike insurance add-on covers offered by SBI General Insurance
Published On Oct 08, 2021 10:00 AM By InsuranceDekho
Purchasing insurance for your two wheeler is important and it can take a long time. You should consider a variety of factors when choosing a bike insurance policy. Add-on covers are additional benefits that you can purchase along with your bike insurance policy. Read this article to know about top bike insurance add-on covers offered by SBI General Insurance.
Table of Contents
SBI General Insurance company offers different categories of insurance plans. It offers a package Two Wheeler Insurance Plan which not only covers third-party liability but also covers a loss to one's own vehicle due to various causes.
Take a look at various benefits and features offered by SBI bike insurance-
- It covers both Third Party Liability and Own Damage.
- It covers any bodily injury or death caused to the third party or any loss or injury to the property of the third- party.
- Under own vehicle damage, it covers damages or loss due to natural calamities, man-made calamities such as strike or theft, personal accident.
- If your bike is continuously with the company, the company will provide an additional discount at the rate of premium.
- The plan has inbuilt as well as additional optional covers that you can avail for more coverage.
Though the bike insurance plan provides comprehensive coverage, there are some conditions that are excluded from the coverage provided. These are aging or depreciation of vehicles, electrical or mechanical breakdown, driving without a license, driving under the influence of alcohol or drugs.
Top Bike Insurance Add-on Covers Offered by SBI General Insurance
SBI General insurance offers beneficial add-on covers for complete coverage. Here are some affordable add-on covers that are most popular and are found with most bike insurance -
Return to Invoice
If you buy this add-on cover, your insurance company will cover you if there is any financial shortfall between the amount you receive of the policy and the purchase price of your bike as specified in the sales invoice. Your company will also cover the amount for the first time registration charges in case of damage, thefts or total loss of your vehicle during the policy period.
Protection of No Claim Bonus
Most of the time, the insurance company does not count the No Claim Bonus in case of a claim, but if you purchase the add-on cover of protection of NCB, then, in that case, you can retain the existing No Claim Bonus of the expiring policy at the time when you renew your policy. This add-on cover can only be claimed once.
If you want to buy an insurance plan that has a smooth claiming process and many benefits, you should buy SBI General insurance. SBI has a dedicated and experienced team. The team provides a fast and fair claim settlement experience so that you don't have to undergo useless hassles. The company provides assistance in every situation. They also help when a claim arises by coordinating repair and replacement of your bike. They keep you informed about the progress of your claim and also helps you to access the company’s local service providers. The claim handling team of the company is efficient and manages to treat the claim fairly and early.
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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.