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Two-wheeler insurance is a type of insurance that is mandatory in India. Falling under the General insurance product category, it helps protect people against accidents that take place on the road. Active two wheeler insurance shields the vehicle owner from any unforeseen occurrences like the accident or any serious damage to the motor vehicle.
[24] [25] Policybazaar raised US$77 million in its Series E funding round. This was led by at least three new investors, including True North and IDG Venture Partners invested in this round. Also, several media reports claimed that Boston-based asset management firm Wellington Management Group invested in the online insurance aggregator. [26]
Acko General Insurance was founded by Varun Dua, is the Chief Executive Officer. [7] As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as Amazon, Accel Partners, SAIF Partners, Catamaran Ventures.
Currently, a comprehensive insurance policy, an insurance package, covers risks, including damage to the owner's vehicle and liability (third-party insurance). After the introduction of long-term third-party motor insurance for new cars and new two-wheelers, the insured may be given the following two options:
PNB MetLife India Insurance Co. Ltd. Private Mumbai: 2001 11: Reliance Nippon Life Insurance Company: Private Mumbai: 2001 12: Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co ...
You can also research the insurance company's financial strength rating through a credit rating agency like AM Best before committing. Get matched with a trusted financial advisor in 4 simple steps.
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