It seems like two-wheeler owners would get some relief from yearly insurance policy renewal. ICICI Lombard has introduced its long-term insurance policy under which two-wheeler owners have an option to insure their vehicle for a period of three years. Customers can now pay a specific premium for long term insurance, eliminating the hassles of yearly renewals. ICICI Lombard also says that customers can benefit and save on revision of third party insurance rates.
Other features of the policy remain unchanged. Customers would receive policy copy of the two-wheeler insurance immediately online and can avail cashless claim servicing at over 1,900 garages across India. Co-passengers can avail optional personal accident cover. In case of no claim through the insurance period, customers can avail “No Claim Bonus”.
Would you prefer to buy a long term insurance policy or would you stick to yearly renewal? Share your choice with us through the comments section below.
Hi
I hv purchased scooty zest 110 two days back only it is coverd under insurance policy of ICICI Lombard, front part is completely damaged
Can u please tell me what are the things can covered under insurance
The New India Assurance Co Ltd, already has this policy. Long term 3 years policy is available.