Advantages of Two-Wheeler Insurance

The two-wheeler industry has witnessed significant growth in recent years. A large segment of the population residing in urban areas rely on two-wheelers for their daily commute. This increase in two-wheeler popularity has also led to the increasing demand for two-wheeler insurance across the country. Nowadays, various insurance providers offer two-wheeler insurance policies with extensive coverage and affordable premiums. You can avail two-wheeler insurance online quickly and conveniently by visiting the official website of the insurer.

Additionally, several insurance providers have also introduced a personalized insurance app to offer a two-wheeler insurance policy. One such mobile app that can help you avail comprehensive two-wheeler insurance with ease is the Bajaj Finserv app. You can avail a Bajaj Two Wheeler Insurance by downloading this app on your smartphone.

Let us have a look at some of the major advantages of two-wheeler insurance availed by using the Bajaj Finserv app.

Extensive coverage

The two-wheeler insurance plan provides coverage in the following cases:

• Loss or damage incurred to the two-wheeler in case of human-made or natural calamities

• Theft or loss of the bike

• Two-wheeler insurance not only covers the rider from injuries sustained due to an accident but also covers the person riding pillion.

• It also covers third-party legal liabilities

• Repair and replacement expenses of the vehicle

Affordable premium

The premium of a two-wheeler insurance plan is affordable. The bike insurance is calculated on the basis of the age of your bike, your residential area and driving history. Also, if you do not make a claim during the policy term, you can avail the No Claim Bonus (NCB).

Cashless claim facility

You can also opt for cashless claim settlement at any of the network garages. The insurer will then reimburse the repair cost incurred to the garage facility directly.

Online policy renewal

You can easily renew your two-wheeler insurance policy online by using the Bajaj Finserv App. By renewing your two-wheeler policy online, you can avoid your bike insurance policy from expiring.

Now that you are aware of the major advantages of two-wheeler insurance, let us have a look at the steps regarding how you can apply for two-wheeler insurance through the Bajaj Finserv app.

1. Download the app on your smartphone

2. Create your one Finserv account

3. Visit the two-wheeler insurance section.

4. Choose your coverage

5. Fill the application form.

6. The insurer will assess your application.

7. Complete the online payment process

8. The two wheeler insurance policy will be issued in no time.

Ensure that you make a note of the inclusions and exclusions of the two-wheeler insurance policy before purchasing it. This will help you avoid any inconvenience in the later stage. Bajaj Finserv Two Wheeler Insurance has a high claim settlement ratio. Also, the high number of quality network garages across the country help in quick and cashless claim settlements.

The Bajaj Finserv App is easy to use, and it can be downloaded on both Google Play and App Store. You can keep a track of your two-wheeler policy online and pay the premium amount online. Apart from two wheeler insurance, you can also use the Bajaj Finserv App for a host of other financial services. You can purchase different types of insurance such as health insurance, travel insurance, life insurance, etc. easily by using the Bajaj Finserv App. Additionally, you can use the app to avail loans such as personal loan, home loan, and business loan amongst many others. Lastly, while availing two-wheeler insurance if you have any query, you must seek the help of a financial expert. This will undoubtedly help you make a well-informed decision.

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