Bike insurance nearing expiry? Know how you can check status & renew it online

Picture Credit – Bajaj Allianz Common Insurance coverage

Being on the best facet of the regulation actually counts in the long run. It not solely inculcates a behavior of following the foundations but additionally retains you protected against monetary losses in sure conditions. In relation to driving a motorcycle, ensuring that your two-wheeler’s papers are up-to-date can be part of following the foundations. Driving any car, together with a two-wheeler, with out insurance coverage is in opposition to the regulation. Not simply that, there’s additionally a monetary threat in not protecting the insurance coverage coverage lively. If the renewal date of your bike insurance coverage coverage is nearing, here’s what you may and will do instantly.

On-line Standing Verify

In case you are not conscious of the due date of your bike insurance coverage coverage, you may examine the standing of your bike insurance coverage on-line in a matter of minutes. You may even renew the coverage on-line in a very protected, clear and seamless method. Learn on to know the net renewal course of and the way it works.

On-line Renewal Course of

You may renew a coverage bought from any insurer and full the method on-line. You’ll have to enter car particulars equivalent to registration quantity and many others, select the kind of coverage that fits you, enter the IDV (insured declared worth) and the add-ons that you just want to get together with your coverage after which full the method by making the fee on-line. You’ll instantly obtain the softcopy of your coverage in your registered e-mail ID as a documentary proof of the insurance coverage.

Nevertheless, it’s also doable that your insurance coverage coverage has already expired. What to do in such a scenario? The easy reply is which you could nonetheless use the net services to re-activate your insurance coverage coverage.

In case your coverage has expired lately, on-line bike insurance coverage renewal has its personal benefits. First, examine whether or not your coverage continues to be within the grace interval, which is 90 days from the top of tenure. If sure then you definately don’t must bear offline inspection of the car whereas renewing it on-line, even after the due date. Second, in case your coverage falls within the grace interval then you find yourself saving the NCB in your coverage as properly. Please go to the official web site of IRDAI for extra particulars.

Below the circumstances the place your coverage has expired and exceeded the grace interval, you’ll require buying a recent bike insurance coverage coverage. This could ensue an inspection of your car in addition to lack of NCB advantages accrued beforehand. Therefore, it’s crucial to resume your insurance coverage cowl on time.

Which Insurance coverage Coverage to Select?

Whereas renewing a motorcycle insurance coverage coverage, you’ll have to choose the kind of insurance coverage coverage on-line. Selecting the kind of insurance coverage coverage is a vital a part of the shopping for course of and therefore you could watch out right here. It’s a must to mandatorily go for the third social gathering insurance coverage coverage which supplies compensation bills for accidents precipitated or unintended demise to a 3rd social gathering.

Then again, a complete bike insurance coverage coverage consists of own-damage insurance coverage together with the third social gathering insurance coverage coverage, and subsequently covers legal responsibility in the direction of the third social gathering in addition to in the direction of the policyholder. Choosing a complete coverage is all the time the best strategy because it supplies 360-degree protection and offers you peace of thoughts from any considerations that might have an effect on you financially.

The place to get the best coverage

Bajaj Allianz Common Insurance coverage Firm supplies you the digital medium to not solely examine the standing of your bike insurance coverage coverage but additionally renew it on-line. What you get whereas buying or renewing on-line from Bajaj Allianz Common Insurance coverage Firm shall be entry to greater than 2,900 Cashless Garages, DIY Self Inspection Course of, super-fast claims and 24×7 help. *Commonplace T&C Apply

Utilizing the bike insurance coverage premium calculator needs to be step one in your journey in the direction of securing your self and your loved one car, proper earlier than you zoom forward in your bike. And sure, don’t forget to set the alerts and reminders in order to not miss the bike insurance coverage due date subsequent time. Insurance coverage is the subject material of solicitation. For extra particulars on advantages, exclusions, limitations, phrases and situations, please learn gross sales brochure/coverage wording fastidiously earlier than concluding a sale.