#Airtel #Payments Bank Provide Two Wheeler Insurance policy Online New Update Free

#Airtel #Payments Bank Provide Two Wheeler Insurance policy Online New Update Free

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Video Topics-
#Airtel user ke liye khushkhabri
Airtel Payment Bank Provide Two Wheeler Insurance policy New Update Just 5 min
#Vehicle Insurance
Insure your vehicle in at the best premium rates
#FAQs for Two Wheeler
General FAQ
Why dolneed two wheeler insurance?
The law in the country makes it compulsory to
insure your two wheeler. The compulsory nature
of the law protects you against third party liability.
Insurance protects this asset and helps you in
copıng with the financial loss caused by
accidents, damage or theft. Another reason is that
while driving, you are responsible for the safety of:
Your passengers
Your fellow drivers
Other people’s property
Pedestrians
. Yourself
Insurance helps cover the costs of potential
damages or injuries in case of an unforeseen
accident or theft.
What are the benefits of buying two wheeler
insurance online?
The online advantage enables you to buy the
policy through web instantly, save time and save
money. You can calculate your two wheeler
insurance premium online and buy with the same
quote within seven days. You can enjoy hassle
free buying without any paperwork. You can buy
Bharti AXA two wheeler insurance policy online
using credit card or net banking.
#What are the discounts allowed under Bharti AXA
two wheeler isurance?
The discounts are on No Claim Bonus offered on
two wheeler insurance.
How is the value of the vehicle (IDV – Insured
Declared Value) determined?
The IDV of two wheeler is to be fixed based on the
manufacturer’s listed selling price of the brand
and model, as the vehicle proposed for insurance
at the commencement of insurance /renewal and
adjusted for depreciation. The schedule of
depreciation for arriving at IDV is as below:
% of Depreciation
Age of the Vehicle
for fixing IDV
Not exceeding 6 months
5%
Exceeding 6 months but not
exceeding 1 year
15%
20%
Exceeding 1 year but not
exceeding 2 years
Exceeding 2 years but not
exceeding 3 years
30%
40%
Exceeding 3 years but not
exceeding 4 years
50%
Exceeding 4 years but not
exceeding 5 years
What will happen when the customer sells his
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