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Since two-wheelers are extensively used for transportation purposes, it becomes important for people to safeguard their vehicle. And that is when two-wheeler insurance comes in the picture. Two-wheeler insurance provides two-wheeler protection against any natural or man-made disaster. While this is the basic need of a two-wheeler insurance policy, here are some points that will highlight the importance of buying one:

It is Mandatory

Third party liability insurance is mandated under the Motor Vehicles Act, 1988. Thus, it is extremely important for a two-wheeler owner to buy an insurance policy in order to abide by the rules and regulations put forward by the Government of India.

Provides Personal Accident Cover

Accidents are very common these days and this makes the personal accident cover extremely important. This type of insurance cover will provide you with financial assistance against the loss or damage caused to the vehicle as well as the insurer. Also, with an added premium amount in your two-wheeler insurance policy, one can even avail personal accident cover for the co-passengers.

Provides Third-Party Liability Cover

As already mentioned, third-party liability cover is categorized as a mandatory cover by the Government of India. This coverage offers assistance against legal liability in case of an accident that may cause injury, permanent loss or even death of the third party. This policy also provides coverage against any damage caused to another party due to the accident.

While all the above-mentioned things provide coverage against various aspects of an accident, it must also be noted that a two-wheeler insurance policy gives an immense amount of financial assistance. Moreover, two-wheeler insurance also provides a sense of peace as a vehicle owner can be free of worries once he/she has bought a two-wheeler insurance policy.

Also, with the introduction of online portals providing insurance policies, you can easily research a bunch of online platforms and buy bike insurance or any other two-wheeler insurance policy that fulfills all your requirements.