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Kotak Bike Insurance
Two wheelers now a day are integral part of daily life for most of the Indian families. May it be for commuting or for some leisure Two wheelers have fulfilled the yearning of having an own means of transport in an economical way. However any mishap or inopportune event can be an outlandish feeling both in terms of emotion and finance. It is then when two wheeler insurance plans are really ready to lend a hand to the owners of two wheelers.Oriental Insurance in line with its various protection plan offers Motor Package Insurance Plans for two wheeler.
Scope of Benefit under the Kotak Bike Insurance Plan
the event of any loss or damage caused to the vehicle due to the natural calamities such as Fire explosion self-ignition or lightning earthquake flood typhoon hurricane storm tempest inundation cyclone hailstorm frost landslide rockslide are included in the planli liAny loss of damage done due to manmade calamities or any consequential event such as Burglary theft riot strike malicious act accident by external means any damage in transit by road rail inland waterway lift elevator or air are duly covered in the plan as well.li liPost Authorization only towards the repairing of the damaged two wheeler the insurer shall do the needful and cover the expense subject to conditions as mentioned below
The Key Features of the Kotak Bike Insurance
The proficiency of Oriental Insurance in customized protection plans for every need.li liThe Coverage period is for one year however shorter duration covers are also available under the plans.li liOnline Portal for host of services such as Online Purchase of various plans Renewal of plans Migration for a hrefmotor-insurancetwo-wheeler-insurance target_blank2 wheeler insurancea plans.li liFree Benefit of Emergency Service through TVS without any extra premium.li liNIL Depreciation Cover in the plan is available on additional premium to cover the full value of parts in claim of Partial Damages to the Vehicleli liProtection cover for any loss to personal belongings on payment of additional premium of amount Rs. 400 or Rs. 650- all included under the plan.li liThe insured decelerated value (IDV) shall be projected as the Sum Insured for the vehicle.li liInsurance Cover for Any legal obligation to a third party in the event of any InjuryDeath andor Property Damage to a third party caused due to insured vehicle causesli liThe Insurance amount shall be the Insured Declared value of the Vehicle (IDV). For such vehicle which is less than five years old the Insured Declared value is the Manufacturers listed selling Price adjusted for Deprecation based on age of Vehicle. For vehicles beyond five years of age and obsolete vehicles the IDV is mutually agreed value and quoted in the plan offer.li liOriental insurance offer an assortment of discounts to its customer on the premium towards the two wheeler insurance plan. The discounts are offered basis
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