Starting at only ₹1.5 per Day*
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Starting at only ₹1.5 per Day*
The two-wheeler insurance plans act as a wall to every unforeseen circumstance surrounding the vehicle. Insurance coverage takes off the impending burden from the owner to keep the ride safe and ready to take on. The coverage plans come up with a certain period of active duration. The policyholder ought to note the insurance period to renew or even change to a new policy for a better experience. The renewal process for any insurance is simple and concise with time to make this easy to avail of for the clients.
In the year 2018, the Supreme Court of India had made it compulsory for all the newly purchased two-wheelers to be, at minimum, issued with an insurance cover persisting for 5 years. The law has been taken on to minimize the recurrence of the unavailability of insurance upon bikes due to appearing lapses and extinction of the policies.
The Reliance bike insurance renewal is a smoothly sailed process. Reliance reaches out to its clients to fulfill their responsibilities; the clients' needs get cushioned with their pillars of reliability. The customers find it hard not to renew their pre-existing Reliance two-wheeler insurance policy with various added benefits.
Reliance offers the simplest way to renew their client's pre-existing two-wheeler insurance policy. They offer instant quotes, renew expired policies with less to no paperwork, renew existing or lapsed insurance policy with zero hassles, and settle claims in a breeze. The renewal of Reliance two-wheeler insurance online is completed via following the three transparent steps -
A client can also opt for the conventional offline process for the Reliance two-wheeler insurance renewal. Reliance makes sure the client chooses what they are comfortable with and instill trust in every way possible.
Driving a two-wheeler with an expired insurance policy is illegal. The owner of the two-wheeler must plan on renewing the existing policy before it hits its expiration. It is also risky to take out the two-wheeler on the streets without insurance or an expired insurance, as it is vulnerable to impending damages and losses.
Apart from the regular reminder Reliance sends to its customers for the renewal of an insurance policy nearing the expiration date, 90 additional grace days are offered for the clients to keep up with the renewal process. Further delay may require the company to inspect the bike before renewal.
A no-claim bonus is a discount a client receives when they make zero claims while being on the tenure of an insurance policy. The bonus acquired would lessen the customer's premium for the bike insurance. In fact, Reliance increases the discounts with consecutive years of zero claims made by the client. E.g., if a customer goes 5 years without registering a single claim, they would get a 50% discount on their premium.
If one exceeds the grace days of 90 days, the discount offer via the no claim bonus policy is shunned. However, the older insurance is eligible for the no claim bonus if one attempts to renew it within the grace days or before it.
The voluntary deductible amount is a certain bracket of payment that the insured pays for a registered claim as the rest of the claim's amount is paid out by the insurance company. The higher one pays on this, the lesser the premium for the customer.
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