4 situations in which your comprehensive bike insurance policy can save you
Motorbike insurance is compulsory by law in India. It is an essential financial product that secures your savings in the event of an unforeseen event. This is why every bike owner must have thorough knowledge of motorbike insurance. In India, there are two main types of bike insurance policies that one can choose from. One is third-party insurance and the other is comprehensive insurance. A third-party cover protects you against financial and legal liabilities for damages caused to a third-party and comprehensive insurance provides protection to you and your vehicle along with third-party coverage. Many people opt only for third-party coverage thinking that an extensive comprehensive insurance plan cover is a waste of money. But they fail to understand the benefits that come along their way with a comprehensive cover. To get a better idea about how comprehensive insurance can help you, read on to discover 4 situations in which this extensive coverage can be a life-saver.