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This Father's Day, gift your father a bike insurance cover

By Finserv MARKETS - Jul 29,2019
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Bike Insurance Cover

With Father’s Day right around the corner, have you considered what you are gifting your father this year? Can a card fully convey the love you feel for the man who moulded you into the person you are today?

Your father is the man who held your hand and helped you cross the road for the first time, taught you how to ride your first bicycle, and comforted you when you felt sad or alone. This is the man who made you understand the concept of security, and on the special day dedicated to him, don’t you want to gift him back a little of the love and warmth that he has showered on you for so long?

An insurance cover provides a lot of the comfort that fathers are synonymous with. They act as a cushion against the risks of going out into the world. As you zip around on your bike through the bumpy roads of the city, the best bike insurance will cover you against all sorts of damages if you do get into an accident.

Here’s an idea, why don’t you give your father insurance for his bike this Father’s Day? It will be novel, and a gesture from you that will underline your gratitude for the man who has stood by you through thick and thin. You can buy two wheeler insurance online in a simple and seamless way.

What better way to spend Father’s Day than to pick out the best bike insurance cover that will protect him and his vehicle, and ensure his life is safe? Insurers are a dime a dozen, but the best insurer will take care of most liabilities and go a mile further in providing you with the best cover. Check out the bike insurance, available on Finserv MARKETS, to learn more about the various options available to you at reasonable prices. This insurance policy will cover damages to the bike caused by natural calamities, damages caused by man-made disasters, and also cover the rider as well as the person riding pillion from injuries sustained due to an accident.

Read on below to learn about the different kinds of insurance plans, and how you can utilize this Father’s Day to buy bike insurance for your father.

Bike insurance policies can be of two types. The difference between third party and comprehensive insurance is that, while third-party insurance is mandated by law, it leaves some areas that do not fully ensure your safety. The third party insurance cover is primarily aimed at covering damages in case your vehicle injuries or damages any third party person or property. However, what is not covered is damage to your own self or even your own vehicle. The third party insurance comes in handy while settling any legal liabilities you may draw up in case of damage to third parties.

However, with a comprehensive insurance plan, you can ensure that your father’s life and his vehicle are guaranteed full insurance coverage from unforeseen accidents that happen. In many cases, insurers offer comprehensive insurance cover that would include third party cover as well as protect you from the financial burden that usually arises in case of accidents.

And since this is a gift for the man who has given up a lot of his own material pleasures to ensure the best for you, nothing but the best will do. Hence, opt for a comprehensive bike insurance cover which provides him with the best of both worlds. There are a wide range of covers you can gift your father, all at very reasonable premiums.

This particular policy will also provide coverage against any repairs or replacement of parts that the bike may require. Equipped with round-the-clock assistance, this policy will make sure that support is available to you, no matter what time of the day or night it is. The assistance encompasses minor bike repairs, replacing lost keys or tyres, dealing with dead batteries, towing facilities, and even accommodation and taxi benefits.

Additionally, buying a bike insurance online is beneficial for a number of reasons, namely:

  • You can sit with your father and analyse the different options available to you, and pick the insurance cover that seems most suitable to your father’s needs. Your father might not be using the bike as much as you do every day, and thus his insurance policy may differ. Study the insurer’s marketplace a little, and get an idea of your options.
  • Another benefit associated with online shopping is the ability to pick and choose the best option for you. You can do an entire analysis of the cost and benefit relationship, and then pick an insurance cover that looks the most relevant to you. Compare policies thoroughly before you come to a decision. It’s also a great way to spend Father’s Day with your father!
  • Applying for bike insurance online means that lesser paperwork is required while filling out an application. You can simply fill out a form, and make your payment online. Not only does it facilitate greater transparency in the whole process, but also ensures greater security.
  • Another great thing about applying for insurance online is that even if you don’t live in the same city as your father, you can continue making the premium payments and ensure his security, simply by making the payments online. Additionally, you can review the policy online and fill out online applications for any endorsements you deem necessary at a later point.

Make this Father’s Day special by showing him that you care about his safety just as much as he has always cared about yours. For the best insurance cover, head on over to Finserv MARKETS and pick out the bike insurance that ensures his security even when you aren’t around.

Read our top blogs to know more about two wheeler insurance in India:

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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522