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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.
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. Ltd. Private Mumbai: 2008 16: Future Generali India Life ...
The company is India's largest insurance aggregator, [6] and has expanded its operations to the United Arab Emirates. [ 7 ] [ 8 ] [ 9 ] The companie's tagline is Har Family Hogi Insured . Policybazaar is the flagship subsidiary of PB Fintech Ltd. , which also owns the credit product aggregator Paisabazaar .
Generally, a vehicle insurance policy is valid for one year. However, long-term third-party vehicle insurance has been made mandatory for two-wheelers and four-wheelers as per the Supreme Court order. While the long-term insurance policy is 3 years for four-wheelers, it is 5 years for two-wheelers.
It allows policy holders to make revisions to a policy. It launched on 16 September 2013. It is the world's first of its kind. [1] [2] India's Insurance Regulatory and Development Authority originally issued licenses to five entities to act as Insurance Repositories; [3] however, SHCIL Projects Limited surrendered its Insurance Repository ...
Bundle your policies: You might qualify for a multi-policy discount if you insure more than one policy with the same insurance company. If you already have a homeowners or renters policy elsewhere ...