Insurance Policy

Two Wheels Insurance Policy Overview

The National Insurance Company is the largest and oldest general insurance company in India offering comprehensive and personalized insurance plans. It is the only general insurance company in the public sector to initiate product optimization of rural and corporate insurance plans. General insurance for this group is an important area where the company promises to deliver a product that meets the needs of the common man. There are multiple insurance plans, such as car insurance plans, two-wheel insurance plans, health insurance plans, rural insurance plans, industrial insurance plans, commercial risk insurance plans, personal accident plans, home insurance, and other types of insurance, which are tailored and clients. Friendly and totally transparent

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Here we will discuss the National Insurance Two-Wheel Insurance Plans.

Why are two-wheeled insurance plans required?

Two-wheelers have always been considered important assets in our lives. But driving a two-wheeled vehicle is always dangerous and really risky and we must always be careful and cautious. But accidents can happen at any time for not following traffic rules or for some adverse incidents. And this is the reason why auto insurance plans should be used to protect yourself and cover all unexpected expenses. Not only that, but natural disasters can also happen at any time, and protection against such an unpleasant event is also very important. Therefore, it is of utmost importance to take advantage of the auto insurance plan because:

Protecting a two-wheeled vehicle is one of the most important assets and investments.

The plans allow the payment of medical bills in the event of an accident.

In the case of accident-related litigation, the insurance company will see to it that the car insurance plan has been used.

This plan protects assets lost due to litigation for which the person has worked hard. And the plans have the insurance holder to guarantee the best value that will be paid to the person.

The auto insurance plan pays not only for accidents and natural disasters but also for theft and vandalism. The plans are very well designed and customized to meet the requirements.

Finally; When the insurance holder leaves with his two-wheeled vehicle, there is peace of mind. He knows he has auto insurance plans that will take care of him and the car in the event of any unforeseen circumstances.

Every owner of a two-wheeled vehicle must have an insurance plan that provides coverage for third-party damage, death, or property damage. Therefore, National Insurance offers a comprehensive two-wheeler insurance plan that protects the vehicle from any unfavorable incident. Two-wheeled insurance plans must be chosen with great care so that the plan covers both self and vehicle safety.

Why take a national two-wheeled insurance policy?

• Two-wheeled national insurance plans have some unique features and benefits, which are as follows:
• Low-cost insurance plans with personalized coverage are available.
• Fast and hassle-free cashless claim service available.
• An unclaimed bonus is also available.
•  Quick and fast claims settlement process.
• One can find the status of the claim online.
• The existing no-claim bond can be transferred from any other insurance company. Here we will see the general description of the National Insurance Two-Wheel Insurance Plan.

National insurance two-wheel policy coverage

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There are two types of coverage available under the plan, namely:

• Liability only covers: This plan is against any legal liability after an accident. It covers the risks mentioned below: Package coverage: Under this plan, it covers all responsibilities under the Motor Vehicle Law as well as losses caused by the vehicle. It is a comprehensive motor plan that covers the risks of third parties and the loss of your own, companion, or own vehicle. The following reasons are included in the plan due to the loss of the own vehicle for the insurance holder:
• Injury or death of third parties.
• Property damage (third party property damage up to Rs 7.5 lakh)
• Money orders, burglary, or burglary at home: This plan covers the expenses to be incurred in the event of a burglary, burglary, or burglary.
• Fire, explosion, self-ignition, or light: this plan covers the expenses that must be borne by a fire, an explosion.
• Malicious act: The plan also includes malicious acts.
• Terrorist Law: Human activities of terrorists have also been included in this plan.
• Riots and strikes: This plan also includes riots and strikes. Earthquake and fire: both land
• Kamp and fire are considered the most common occurrence in the life cycle.
• Therefore, this plan also covers these two important unpleasant events.
• Incidents related to external media.
• Natural disasters like floods, typhoons, hurricanes, hurricanes, cyclones, hail, storms, and floods have also been included in this plan.
• Collapse or collapse is covered by the package plan.

Subject to a deduction for depreciation at the rates mentioned below with respect to the parties:

I) For all rubber / nylon / plastic parts, tires, tubes and batteries - 50%

Ii) For fiberglass components - 30%

Iii) For all glass parts - zero

Iv) Depreciation rate for all other parts, including pieces of wood according to the program detailed below:

Important exclusions are as follows:

• Consequential loss
• Wear and throw
• Driving with an illegal driving license and alcohol consumption.
• Civil war, loss by war
• Use for personal purposes and limitations
• Use over specified limits
• Damage to tires and tubes until the two-wheeled vehicle has been damaged. Under this plan, the company will pay only 50% of the replacement cost.
• Loss or damage to property due to trespassing or theft
• Any accidental loss due to alcohol, drug use.