Yamaha MT-15 Insurance

Yamaha introduced a pure-bred hyper naked and the most lightweight model MT-15 from its MT stable on 15th March 2019. MT-15 is an impeccably stylish motorcycle available in 3 variants. 

Individuals who ride any of the models must obtain Yamaha MT-15 insurance to secure themselves from unnecessary financial drains.

Now, as the motorcycle insurance policy is mandatory in India, many insurance companies offer policies against affordable premiums. But apart from the insurance price, you need to factor in a list of other pointers before selecting an insurer. Digit Insurance is a convenient choice in this respect.

The budding popularity of Digit Insurance is due to its convenient and flexible policy options and offers. To know more about them, keep reading.

1. Convenient Policy Options - Based on your requirements, Digit gives you the benefit of choosing insurance coverage.

1. Third-party Policy - This coverage is beneficial if your motorcycle damages a third-party vehicle, person or property. It additionally covers the losses like injury or demise of the victim caused by your bike. Further, Digit offers financial aid in opposition to any litigation issue that could arise in such scenarios.

1. Comprehensive Policy - This insurance cover protects policyholders and their bikes from accidental or other damages and injuries. Besides, it also covers third-party liabilities. Digit also allows you to customise your base policy plan by including any of the add-ons offered.

1. Own Damage Protection - This is a part of a comprehensive plan offering financial assistance under the circumstances like floods, earthquakes, fire etc., along with accidental damages. However, a third-party policy does not provide this cover. You can buy Own Damage protection separately to ensure maximum security.

1. Super-fast Claims Against Minimal Paperwork - The conventional process involves a consultant and inspection of the damage. This manner takes unnecessary time. But, Digit Insurance does away with such formalities. It offers a smartphone-enabled self-inspection system that simplifies the entire claim filing process.

1. Online Purchase and Renewal Options - The reason behind Digit’s massive popularity across the country is its online availability of insurance regulations. New customers can opt for Yamaha MT-15 insurance online from anywhere by visiting the official website. Besides, the existing clients can choose Yamaha MT-15 insurance renewal online via logging in to their own accounts.

1. IDV Modification - Insured Declared Value refers to the total amount the insurer gives to compensate for irreparable damages or theft. Digit facilitates its clients with the option to personalise their IDV quantities against nominal charges.

1. Over 2900 Network Garages - Regardless of where you are in India, you will find Digit network bike garages at your service. Each of these garages accepts cashless repairs against valid insurance documents. 

1. Benefits of Add-ons - Digit Insurance proffers an array of add-ons against MT-15 insurance coverage. To strengthen your existing policy plan, you can include any of the following add-ons-

   • Zero depreciation cover
   • Breakdown assistance
   • Engine protection
   • Consumables cover
   • Return to invoice cover

1. 24X7 Customer Service - Be it a national holiday or a Sunday; you can connect with Digit’s fast customer care service for reliable and effective solutions.

Digit allows you to lower the premiums by picking higher deductibles and avoiding small claims.

Bad street conditions alongside rash riding excessively increase the possibilities of accidents. Therefore, to secure the rider financially, a two-wheeler insurance policy is of utmost importance.

1. Third-party Coverage - When your bike hits another vehicle, person or property, you are liable to bear all the expenses. But with a valid insurance policy, you are relieved from such commitments.

1. Own Damaged Protection - Individuals can file for monetary coverage in the events of natural calamities, man-made disasters, theft, fire and other threats against their policies.

1. Free from Fines - As per the Motor Vehicles Amendment Act 1988, if a two-wheeler owner does not buy a third-party policy, he is liable to pay a penalty of ₹ 2,000 (for first-time offence) and ₹ 4,000 (for 2nd-time violation). 

1. Personal Accident Cover - As per the IRDAI, both third-party and comprehensive policies provide personal accident coverage to ensure optimal financial security. This cover compensates the policyholder’s or the rider’s family member in case of death and disability (permanent and partial).

1. Discounts on Premiums - If you do not raise any claim for an entire year, your insurance provider may reward you with discounts on premiums known as No Claim Bonus.

For instance, Digit Insurance extends 20 to 50% NCB discounts on premiums based on the number of claim-free years. You can even continue the discount after the Yamaha MT-15 insurance policy renewal.

After the Indian Government banned BS4-compliant motorcycles, Yamaha re-launched BS6-compliant MT-15 models with minor modifications. Currently, Yamaha offers 3 variants in 4 colour schemes.

• Engine - Unlike the BS4 versions, the engine outputs of the BS6 models are lower. The 155cc single-cylinder liquid-cooled 4-valve motor generates 18.6 Ps and 14.1 Nm.

• Brakes & Suspension - For braking setup, Yamaha MT-15 variants are installed with disc brakes at both ends mated with Anti-locking Braking System (ABS). At the front, these bikes feature telescopic forks suspension, and at the rear, the linked-type Monocross suspension.

• Assist and Slipper Clutch - Yamaha installed an A&S clutch to bring down the weight of the clutch pull. It also ensures lower stress shifting while decelerating. 

• Design - MT-15 models come with raised sleek and edgy tail lamps that give them a dark warrior appeal. Coming to the seat, it is wide enough for a comfortable riding position. Besides, the easy-to-hold grab-bar provides improved grip.

However, these features fail to ensure complete protection from accidental damages. Here comes the role of Yamaha MT-15 insurance. Therefore, before you book any MT-15 models, ensure to buy a motorcycle insurance policy to assure complete financial protection.