How Shriram General Insurance help you protect your two-wheeler?
Updated On Nov 11, 2021
Purchasing insurance for your bike is mandatory. If you want to ride your bike legally on roads then you must have at least third-party liability insurance coverage. Two-wheeler insurance coverage helps you financially in case of an accident. Read this article to know how Shriram General Insurance can help you to protect your two-wheeler.
Table of Contents
Shriram General Insurance Group is a pioneering name in the Indian commercial world. Apart from being a pioneer in the Indian insurance market, it also has expertise in areas such as retail stock brokerage, investment distribution, and chit funds.
Its bike insurance is particularly well-known for its excellent features and advantages, as well as its solid customer service, among its vast variety of insurance products, which includes life and general insurance. The insurance firm seeks to provide value to clients searching for two-wheeler insurance coverage by providing a simple claim settlement process.
How Shriram General Insurance Help You Protect Your Two-Wheeler?
The following are some of the perks and features that make Shriram General Insurance a suitable choice for bike insurance:
Reliable and Reputed
Purchasing insurance from a reputable company ensures that you can rely on them in the case of an accident or other unforeseen occurrence that damages your bike. With an increasing number of offices around the country, the company is considered a major player in the insurance market. It also has a Claim Settlement Ratio of 77.26 percent, indicating that claims are settled reliably.
If a client wishes to cancel his or her Shriram Two Wheeler Insurance policy, he or she must bring the policy papers to the company's local location and fill out and submit the form at the counter. Officials will check the paperwork, and if they are determined to be satisfactory, the plan will be canceled, and the customer will get a refund to their bank account.
Premium at an Affordable Price
You want the most complete insurance coverage possible, but you also want your bike insurance to be inexpensive. Your bike insurance rate will be influenced by the age of your bike, IDV, location, supplementary coverage, and other things. Before you buy bike insurance, figure out how much you'll have to pay in premiums. You can get your bike insurance coverage at a low cost from Shriram General Insurance.
Renewal and Claim Procedures Are Simple
When looking for bike insurance, seek coverage that offers an easy claim and renewal procedure so that you can quickly manage your policy. Shriram General Insurance's official website allows you to claim and renew your bike insurance coverage in minutes. The organization has a customer service team that is ready 24/7 to assist clients with any problems or concerns.
Shriram General Insurance Co.'s two-wheeler insurance policies have a variety of elements that set them apart from other insurers' policies:
- Online policy purchasing is completely paperless.
- Insurance coverage for a period of 12 months from the start date.
- Even for insurances from other providers, the maximum No Claim Bonus is 50%.
- Online claim registration is simple, and you can follow your claim's progress.
- Transferring an existing No Claim Bonus from one insurance carrier to another is simple.
- At preferred network garages, a hassle-free cashless claim settlement method is available.
- Nil depreciation provides further safeguards.
- The online renewal process is quite quick and easy.
Bike insurance can be purchased online, which saves time. If you're often short on time, buying bike insurance online is a great option. Before you get a bike insurance policy, make sure you read the policy terms and conditions and think about the following factors to guarantee you have the coverage you need and can ride safely.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.