National Comprehensive Two-Wheeler Insurance Policy

National Comprehensive Bike Insurance vs. Third-Party Bike Insurance

Below is a table for comparison between the two types of bike insurance policies by National Insurance two-wheeler insurance:

Benefits of the National Comprehensive Bike Insurance Policy

The National comprehensive bike insurance policy benefits the policyholder in the following ways:

• No third party liability to the insured. Any damage that is caused to a third party is covered and compensated by the insurer
• The comprehensive bike insurance policy covers the own-damagedliability of the insured
• The policyholder is allowed to avail of add-ons along with the comprehensive insurance policy
• Other benefits include round-the-clock customer care availability and quick claim settlement

What is Covered under National Comprehensive Bike Insurance Policy?

 The National comprehensive bike insurance policy covers the following claims during the policy term:

1. Third-party Liabilities:

The National comprehensive bike insurance policy covers the insured for third party liabilities. The insurer compensates for any damage, death, or injury caused to a third party due to the insured's bike.

 2. Own damage caused by Natural Calamities:

The National comprehensive bike insurance policy covers the damages caused to the insured's bike due to natural calamities like floods, landslides, etc.

 3. Own damage caused by Manmade Disasters:

The National comprehensive bike insurance policy covers the damages caused to the insured's bike due to any manmade disaster like a terrorist attack, fire, riots, and so on.

4. Theft:

In case the insured bike gets stolen, the insurer provides coverage for the same. 

What is not covered under the National Comprehensive Bike Insurance Policy?

The National Insurance comprehensive bike insurance policy doesn't cover the following expenses:

• Normal wear and tear of the bike
• Mechanical or electrical breakdown of the bike
• Damage incurred due to willful negligence
• Damage incurred due to contractual liability
• Damage incurred due to driving without a valid driving license or under intoxication.
• Damage incurred during a war, mutiny, nuclear risk, rebellion, or during any such terrorist activity.

• Q. Why national comprehensive bike insurance policy?

  The National Insurance comprehensive two-wheeler insurance policy covers the third party financial liabilities and the own-damage financial liability of the policyholder. This extensive coverage provided by comprehensive insurance instills a sense of security in the mind of the policyholder. The premium cost of comprehensive insurance is higher owing to the comprehensive coverage benefits.