Two Wheeler Insurance Got Newly Launched by Liberty
12 Crores to be gathered as premium through the two wheeler product. Liberty General Insurance has introduced a new product for the two-wheeler segment in the hope to net around Rs 12 crore in the current fiscal. The product aims to cover loss or damage to the insured vehicle, theft, personal accident of owner-driver or pillion rider and third party liability.Read more
The product has been tied up with an online portal facility, which has been provided to the intermediaries. Such a move is aimed at increasing the consumer reach.
The company which is a joint venture between India's Industries and US-based Liberty Mutual Insurance Group, had recorded a gross written premium of around Rs 108 crore in April-February period of the last financial year.
Two Wheeler insurance articles
02 Feb 2023Over 49.7% of Indian households possess a two-wheeler as per a
11 Jan 2023In India, third-party bike insurance is a mandatory requirement
06 Jan 2023Unlike a fuel bike, electric two-wheelers are easy to ride and
06 Jan 2023Riding a dirt bike is an enjoyable experience for many people
30 Dec 2022Amid the rising number of bike insurance fraudulent cases such