Future Generali Third Party Bike Insurance

Future Generali General Insurance has been shielding the public successfully from the unfortunate events of life over the years. Future Generali third party bike insurance policy provides protection against any damage or loss caused to the third party by the insured’s bike.

Future Generali General Insurance has tried to ensure a better experience to the policyholders by digitalizing its procedures. The active help desk provides assistance as well. Future Generali third party bike insurance policy provides coverage for financial and legal liabilities of the insured’s bike towards the third party.

Future Generali Third Party Bike Insurance vs Comprehensive Bike Insurance

The Future Generali third party bike insurance policy provides coverage for the following:

• Comply with Legal Provisions: The most crucial advantage of having a third party insurance policy for your two-wheeler is that it helps you comply with the legal provisions as this policy is mandatory while driving the two-wheeler in India. If you are caught driving the two-wheeler without a third he/she can be penalised.
• Personal Damage to Third Party: Personal damages to the third party such as bodily injuries, disability or demise of the third party that may occur during an accident involving the two-wheeler are covered under the policy. Under such circumstances a compensation for the same is provided.
• Financial Assistance: Under this policy financial liabilities such as property damage of the third party that may occur during an unforeseen event are compensated for. A compensation for upto Rs. 1 Lakh may be provided under such circumstances.

What All Is Not Covered Under Future Generali Third Party Bike Insurance Plan?

A third party bike insurance policy is required to be carried by every bike owner as a compulsion, but it offers only a limited amount of insurance coverage. Here are some points that are not covered under the third party bike insurance policy:

• Own damages to the two-wheeler caused during an unforeseen event
  
• Damages to the two-wheeler while driving the insured vehicle under the influence of alcohol, drugs or other intoxicants.
  
• Damages to the two-wheeler while driving without a valid license.

Key Benefits of Purchasing Kotak Third Party Bike Insurance

Although third party insurance policy provides limited coverage but can be very beneficial in different situations or in times of crisis. Below mentioned are some benefits of purchasing Future Generali Two-Wheeler Third Party insurance policy:

1. Inexpensive: A third party insurance policy is quite affordable. The premiums of a two-wheeler third party insurance policy are inexpensive due to the limited coverage provided under the policy. Under this two-wheeler insurance policy basic coverage is provided for the two-wheeler.
2. Protection at all Times: A third party insurance policy provides financial assistance to the policyholder in case of damages to the two wheeler or third party liabilities that might arise during an unforeseen event. The policyholder has financial protection at all times while driving their two-wheeler.
3. Legal Assistance: Under a third party insurance policy legal assistance in case of bodily injury, disability, property damage or demise of the third party in case an unforeseen event takes place involving the insured two wheeler. Third party insurance policy also helps the policy holder comply with legal provisions.