General Insurance Brokers In India

Two-wheelers are a great way to commute or enjoy leisure.   You must  buy bike insurance  regardless of what you plan to use it for. This will protect you from any financial liability due to theft, road accidents, or damage. Consider buying the two-wheeler policy that will best meet your needs.   This post will discuss other reasons for buying two-wheeler coverage and what to consider when applying. Why Bike Insurance is Important Many countries, including India, have made insurance for owners of two-wheelers mandatory due to an increase in the number of accidents.   This is a smart decision, as the policy will protect your two-wheeler against any threats.   Here, we'll discuss the main reasons for getting bike insurance, and how you can benefit from it.   Let's jump right into the main section. Legal Requirements The Motor Vehicles Act, of 1988 states that it is mandatory to purchase at least third-party liability insurance.   This insurance will...

People often buy bike insurance   at the time of buying the bike in India. So, if you have a bike or planning to get one, you must be wondering if it is mandatory to purchase bike insurance. With the rising number of bike users, the concern about road safety also peaks making   it mandatory to have insurance for bikes. And today we will discuss   everything you need to know about bike insurance in India. There are various bike insurance options available in India. Two different types of bike insurance are available in India- Comprehensive and third-party. Many people wonder which insurance is mandatory for bikes. So, below we will discuss them and learn which one is mandatory for the bike. Third-party bike insurance – Third-party bike insurance is the most common insurance policy for bikes in India. The insurance covers all liabilities of third-party damage and loss. It will only cover the loss or damage that occurred to a third-party person, property, or vehicle....