The two-wheelers insurance policy from digit covers the following risks:
Damages or losses caused by natural calamities - Natural disaster such as earthquake, storm, flood, etc. may happen at any time in our lives and cause tremendous damage to our lives and property. Two-wheeler insurance policies protect you from the financial loss against all the damages caused by natural calamities.
Damages or losses caused by man-made calamities - Apart from the natural calamities your bike may also suffer from huge damage caused by man-made natural calamities such as robbery, thievery, riots, or any such misfortunes.
Digit’s two-wheeler insurance policies will also give you full protection from the financial loss against all the damages caused by such man-made calamities.
Total or partial disability caused due to the accident - Accidents are one of the biggest misfortunes of life which can happen at any point of time without any alarming signal. When a rider encounters an accident, he may suffer from a partial or complete disability.
Examples of partial disability are transitory loss of motion, incapability of some part of the body, etc. whereas complete loss of vision, a total failure to walk, etc. are some examples of complete disability. The two-wheeler insurance covers all these misfortunes and provides you for the cost of treatment.
The demise of the policyholder - A major accident may lead to the death of the policyholder or any third person who was riding the bike at the time of the accident. In such a case, the bike insurance company gives substantial compensation to the nominees of the policyholder given that the policyholder opted for PA cover.
These are some vital things that Digit’s two-wheeler insurance policy covers. It’s true that traffic rules are often not strictly followed on the Indian roads, and hence one may face a greater risk while riding a two-wheeler. In fact, riding two-wheelers are considered to be riskier than driving a car on the road. This is because while you ride a bike, you are more exposed to the danger than someone who is driving a car since he is seated inside the car. Comprehensive two-wheelers insurance such as the one offered by digit, offers you a huge range of risk coverage for self-physical injury, total or partial damage of the vehicle, total or partial disability of the rider as well as third-party liability.
The legal compliances, the risk factor involved and the cost-saving - these are enough reasons to sufficiently answer the question - why is bike insurance mandatory in India. Having understood the importance of bike insurance, what are you waiting for? If you have still not got an insurance cover for your two-wheeler, insurance your vehicle now!