3 min read
Possessing active insurance for your bike, following the Motor Vehicles mandate that Zero depreciation bike insurance is also called bumper to bumper coverage or Nil Depreciation. It excludes the depreciation factor from its domain of coverage. It is an add-on cover. Zero dep insurance for bike implies that if your bike gets damaged under any accidental circumstances, no depreciation is deducted in front of the wear and tear coverage of the body parts of the vehicle. Zero depreciation two-wheeler insurance is ideal for a luxurious bike with costly body parts.
Zero depreciation bike insurance offers several significant benefits:
Zero dep cover includes the following:
Zero depreciation bike plan excludes the following costs:
The main reason behind buying zero depreciation two-wheeler insurance is to ensure your bike’s security against all sorts of probable financial liabilities that may arise in the future. It ensures complete protection of your bike, offering innumerable benefits that are especially helpful for newly purchased, expensive bikes. Purchasing a zero dep cover for your two-wheeler ensures value for money and acts as a strong safeguard. You can compare different insurance plans and choose according to your needs.
Corporate Office : Mahindra Insurance Brokers Ltd ( A Mahindra Group Company ) Sadhana House, Ground Floor, 570 P. B. Marg, Behind Mahindra Towers, Worli, Mumbai 400018.
Licenced by IRDAI License No. 261; License Validity : 17-05-2022; Category : Composite Broker; CIN : U65990MH1987PLCO42609 Member of Insurance Brokers Association of India (IBAI).
Insurance is the subject matter of solicitation.
For a seamless experience, use the latest version of Chrome/Firefox/Internet Explorer.
Copyright © 2022 Mahindra Insurance Brokers. All Right Reserved.