New India Assurance Third-Party Bike Insurance

New India Assurance Third-Party vs. Comprehensive Two-Wheeler Insurance

The below table mentions all the major differences between third-party bike insurance and comprehensive bike insurance:

What is covered under the New India Assurance third-party bike insurance plan?

The third-party bike insurance of New India Assurance includes the following coverages:

• The New India Assurance third-party insurance policy covers any kind of property damage of the third party up to Rs 1 lakh
• This type of bike insurance also helps the insurance holder to claim for any damage, injury, or demise of the third party due to the insured two-wheeler
• In situations of damages or injuries, the insurer pays 50% of the coverage. If the third party is affected by severe permanent disability, or damage, or death, the insurance will be obliged to pay complete amount

What is not covered under the New India Assurance third-party bike insurance plan?

The limitations of the third-party policy of New India Assurance are as follows:

• It only covers liabilities caused to third parties. Own damage is not covered by the policy.
• The basic third-party insurance plan doesn't insure for the loss or damage caused to the driver of the insured two-wheeler.
• It won’t provide coverage if the accident was caused due to intoxication or if the driver was without a driving license.
• It won’t provide coverage for damages occurring in any natural or manmade calamity or in cases of theft.