Nitty-gritty’s under New India Assurance

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New India Assurance has been an AAA stable rating under CRILSIL which portrays the Company’s financial stability and solubility in the Insurance market New India Assurance is a 100% government owner genera Insurance Company which has its branches over 28 countries serving customers with absolute genuinity and an end to end transparent claim settlement process. New India Assurance is the only insured with an ‘A’ rating under AM Best.

The basic Two Wheeler plans under New India Assurance are-

  • New India Assurance’s New India Two Wheeler Insurance Third Party Covers : in case of death or physical injury of a third-party or damage to the property of the third-party the cover provides up to 1 lakhs and under New India Assurance’s New India Two Wheeler Insurance personal accident covers it is provided to the owner or driver insured under the Company.
  •  New India Assurance’ New India Two Wheeler Insurance provides Quick Claim Settlement: the New India Assurance Company offer quick and easeful claim statement. Online New India Insurance works through its online portals thus you can easily buy or renew policies online with minimum documentation even from the comforts of home.
  • New India Assurance’s New India Two Wheeler Insurance Guarantees compensation:  if you’re Two Wheeler is robbed or damaged in accident New India Assurance’s New India Two Wheeler Insurance guarantees compensation. This is most probably the greatest relief as the financial loss incurred is alarming.
  • Basic cover and Personal accident plan covers for co- passengers: along with Basic Covers that basically reimburses the driver the Personal Accident plan covers co-passengers as well. New India Assurance’s New India Two Wheeler Insurance provides an amount of 1 lakh in such cases.

There are certain exclusions under New India Assurance’s New India Two Wheeler Insurance. They are as follows-

  • New India two wheeler Insurance does not over minor Wear-tear and breakdowns
  • Consequential losses are not covered under New India two wheeler Insurance
  • Any loss incurred when driving with an invalid driving license is not covered by v. New India Assurance’s New India Two Wheeler Insurance does not cover driving under the influence of alcohol or an intoxicated state.
  • New India Assurance bike Insurance does not cover Losses due to wars
  • New India Assurance’s New India Two Wheeler Insurance rejects Claims that are arising out of contexts under contractual liability issues.
  • `Limitations as to use’ needs to be maintained. The bike used otherwise will not be covered under New India Insurance bike coverage plans.

The concept of Two Wheeler Insurance might sound alien but it worth mentioning that the government of India has made it compulsory. Along with this the process has been simplified by New India two wheeler Insurance policies. New India two wheeler Insurance Online policies lets you work through online portals that cater the policies under discounts which make the New India two wheeler Insurance Online policies way cheaper. New India two wheeler Insurance renewals can be done online. You can renew New India bike Insurance by simply visiting the online portals registered under the Company.

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