Royal Sundaram Third Party Bike Insurance

Royal Sundaram two-wheeler third-party insurance is the most fundamental bike insurance policy. It protects the policyholder against any financial responsibilities suffered by a third-party property or person due to an accident in which the covered vehicle is at fault. In addition, it covers every third-party liability (property damage, bodily injuries and/or death) arising from a road accident or catastrophe involving the insured two-wheeler. According to the Indian Motor Tariff (1988), every bike owner must purchase at least a third-party insurance policy. 

Royal Sundaram Third Party Bike Insurance Policy

Suppose a third party got injured during an accident caused by the protected bike. In that case, the third-party policy of Royal Sundaram two-wheeler insurance covers all medical expenditures and hospitalization bills incurred due to the event. Furthermore, the financial burden of the resulting legal responsibilities is covered by a Royal Sundaram third-party two-wheeler insurance, in case a third-party files a complaint.

Difference Between Royal Sundaram Third Party Bike Insurance and Comprehensive Bike Insurance

What is Covered Under Royal Sundaram Third Party Bike Insurance

• The third-party liability insurance coverage provides protection against any third-party property damage that is caused by the insured two-wheeler. The amount is up to INR 7.5 lakh.
• The court of law decides the compensation for third-party bodily damage or death. The insurance gives 100% compensation in the event of the loss of both eyesight or both limbs or if the injury becomes a permanent handicap. For the death of a third party, it also provides 100% coverage. For partial disabilities like  bodily injuries, the loss of one limb, or the loss of one eye, the insurance pays out 50% of the compensation.

What is not Covered Under Royal Sundaram Third Party Bike Insurance

Royal Sundaram third-party bike insurance covers a limited extent under the bike insurance. The following are some things that the third-party bike insurance policy does not cover:

• A policyholder would not receive any coverage for loss or damage to their covered bike under a third-party bike insurance policy.
• If driving while intoxicated or riding your insured motorcycle without a valid driver's licence, you can not file a claim.
• Accidents that occur outside the geographical limitations of the coverage are not eligible for any monetary compensation.
• Claims emerging from contractual duties are not covered by a third-party bike insurance policy.
• Claims arising from damage or loss caused by war or warlike conditions would not be covered.
• Claims involving radioactive pollutants are not covered under this insurance.

Key Benefits of Purchasing Royal Sundaram Third Party Bike Insurance

• Royal Sundaram third-party two-wheeler insurance offers a simple online method for acquiring coverage, allowing you to avoid extra paperwork. 
• Royal Sundaram 3rd-party bike insurance coverage protects you against any third-party liability, and you do not have to pay for the damages out of your own money.
• In case of an accident involving your covered two-wheeler, a Royal Sundaram two-wheeler third party insurance policy relieves you of the stress and inconvenience of making up for third-party losses.