TVS Insurance – New Two Wheeler Insurance – 3 year protection Policy
TVS New Two Wheeler Insurance
As we know India is the biggest manufacturer of two wheelers in the world. And TVS is one of them. The TVS is most commonly popular for tvs insurance policies and post-sales services.TVS is the world’s third-largest manufacturer of the two-wheels in the world.TVS has an annual revenue of Rs. 20,185.43 Crore. From these figures, it is evident that the market for TVs’ products in India is quite substantial.
TVS Motor Company – A Brief History
The TVS Motor Company Ltd is the largest contributor to the TVS Group with respect to its size and turnover. With headquarters in Chennai, TVS found its origin through the Sundaram Clayton Company in 1972. The company began manufacturing motorcycles through a technical collaboration with Suzuki, one of Japan’s leading auto manufacturers.
TVS Motors was established separately in 2001 after its contract with Suzuki ended.
TVS Bike insurance –
The TVS insurance is an excellent financial product for your TVS two wheeler that allows you to safeguard your finances from losses incurred while riding your vehicle on the road.
Before getting insurance, it is very important for us to take care of some things because we common people only know that we are getting insurance, so if my bike gets stolen, bumped into another vehicle or someone accident from my car, we will get insurance but let us tell you that it does not happen. You will need to understand these aspects of insurance.
What Covered in this TVS two wheeler insurance policy?
This TVS insurance nearly covers all things like bike accidents, explosion, fire, personal accident, and nearly all the other natural disasters. This insurance will protect you from all kinds of natural disasters.
The following are the cases covered in insurance TVS Insurance: New Two Wheeler Insurance:
This new two wheeler insurance also covers accident cases. This will help you stay safe. This will cover all types of accidents.
This policy also covers theft cases. This is different than other policies. It is helpful in case when your bike is stolen, unfortunately. This is also a very helpful aspect of this policy.
This will protect your bike form fire and explosion etc. This includes explosion, fire, and all the kinds of natural calamities.
4. Natural Disasters
This Tvs insurance will cover all kinds of damage by natural disasters on your bike. You don’t need to worry about the damage by the natural calamities to your bike.
What not covered in this Tvs Insurance Policy :
You should also know that what points are not covered in this policy. This are the actual points about which you need to worry. You must take care of the all following points. It is equally important to know what’s not covered in your two-wheeler insurance policy so that there are no surprises when you make a claim. Here are some such situations:
1. Drink and Drive
This policy is not responsible for damages by drinking and driving. This is illegal. Your bike insurance won’t cover for you in situations where you were riding drunk or without a valid two-wheeler license.
2. Driving without a valid Driving Licence holder
If you hold a learner’s license and were riding your two-wheeler without a valid license-holder on the pillion seat- then your claim in those situations won’t be covered. You must drive a bike with only a valid driving license.
3. Consequential Damages
Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged two-wheeler is being used incorrectly and the engine gets damaged, it will not be covered)
4. Contributory Negligences
Any contributory negligence(e.g. damage due to driving a two-wheeler in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)
5. Add-ons not Bought
Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.
Aditya Birla Insurance Broker (ABIB Tvs insurance):
There are many companies which provide Insurance on TV bikes. ABIB is one of them.
Aditya Birla Insurance Brokers Limited (“ABL”), a subsidiary of Aditya Birla Capital Limited, is a leading composite insurance broker and regulated by the Insurance Regulatory and Development Authority of India (“IRDAI”).
ABL also offers re-insurance solutions to insurance companies and has developed strong relations with Indian as well as global insurers operating in India, South Asia, Middle East, and South-East Asia. ABIBL is among the leading players in the retail industry and enjoys a strong presence in the corporate business industry where it provides solutions to a vast array of sectors ranging from manufacturing and metals to financial services.
Official Link to getting TVS Insurance – View