Find your suitable insurance plan
828
4 min read
Having an active bike insurance policy is compulsory by law for all two-wheeler riders to ride on Indian roads without being fined. Along with its compulsory nature, a comprehensive two-wheeler insurance policy promises the policyholder coverage against financial losses caused by accidental damages, theft, fire, natural disasters, and more. It further covers the insured against liabilities such as injuries, and death sustained by third-party individuals or damages caused to third-party property.
Being obligatory, the bike insurance policy needs to be active at all times of the year when you are riding your vehicle. Hence, you need to renew your policy before it expires; otherwise, the plan lapses, and you will be devoid of the financial benefits and accumulated rewards gained. You may also face legal liability and might lose your NCB benefits.
In this post, we are taking you through the effortless and seamless journey of the ICICI Lombard two-wheeler insurance renewal process.
Renewing your ICICI Lombard vehicle insurance policy is a significant aspect of owning a bike insurance plan. Generally, a bike insurance policy is active for one year. However, some policies are available with a two-or three-year policy term. Once the policy tenure is over, the ICICI Lombard renewal process is needed to keep the policy active. If not renewed on time, the policy might lapse, and you might lose the benefits under the plan. Further, if you fail to renew the plan during the grace period, the policy might terminate, and you will be required to buy a fresh policy.
Besides the online process, you can even renew your ICICI Lombard bike insurance policy by calling the toll-free customer helpline of the insurer at 1800-2666. Further, you may visit a branch of the insurer close to home to renew the plan.
By renewing your ICICI Lombard bike insurance policy on a timely basis, you can continue enjoying the benefits mentioned below:
Browse Mahindra PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance, and Investment section. You can visit Mahindra PayBima to Buy Insurance Online.
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
A bike is the most convenient way to cover distances and make your commute smooth. It is fast on the road, easy to escape traffic,.
With lives becoming busier and more demanding, people are getting loaded with all sorts of burdens. These weights hamper the functioning of our brain and.
As a youngster with the pressure of studies and other activities, students might feel exhausted if they have to commute via public transport to college.
On average, 100 million bikes and 67 million cars are produced every year across the globe. With such a humongous number, you can assume the.
The performance of your bike or the way it runs depends on various things, including the quality of your two-wheeler tyres. Alloy wheels and spoke.
You cannot ride a two-wheeler without insurance, at least not without the mandatory third-party insurance. But what if the policy you bought for your vehicle.
Acquiring a new bike is an exciting time of your life. A bike gives you the liberty of mobility and a sense of confidence. However,.
For a rider, the sense of freedom while riding a bike is exhilarating. However, the thrilling adventures on the road can take an unfortunate turn.
Like in many countries across the globe, wearing a helmet is compulsory in India while riding two-wheeler vehicles. However, do you know the various helmet.
Until recently, Motorcycles occupied the two-wheeler segment in India. However, the trends are changing now with scooters taking over the market slowly and steadily. Let.
Mahindra Insurance Brokers Limited (A Mahindra Group Company) - Unit-202, A-Wing, 2nd Floor, Amiti Building, Agastya Corporate Park, Kamani Junction, LBS Marg, Kurla West, Mumbai - 400070. Tel: +91 22 66423800
Licenced by IRDAI License No. 261; License Validity : 17-05-2025; 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 © 2024 Mahindra Insurance Brokers. All Right Reserved.
