Personal Accident Cover in Bike Insurance

Personal Accident assistance is usually the need of the hour at the time of a misfortune event like an accident. But due to the soaring costs of medical treatment in India, not many are able to afford it. This is why it is necessary to have a medical cover add-on benefit along with a standard two wheeler insurance policy. Medical cover add-on in bike insurance offers utmost protection in case of an accident. It comes in handy in meeting the medical expenses if the bike is involved in an accident. The bike insurance add-on cover eliminates the extra burden of managing medical expenses during difficult times, thereby offering complete support.

What Is Personal Accident Cover in Bike Insurance?

PA Cover in bike insurance is an add-on cover that offers additional coverage and can be purchased along with a standalone-own damage bike insurance policy as well as a comprehensive bike insurance policy. The add-on cover offers extra coverage, and hence, the insured will be required to pay an extra premium to get it. The medical cover add-on offers protection against medical expenses related to injuries arising due to a misfortunate event of an accident. The add-on cover can prove to be very beneficial as it offers wide coverage for medical treatment in the best hospitals. Medical cover add-on benefit offers peace of mind and helps in dealing with stressful situations in a better way. Personal Accident cover add-on benefit takes away all the worries related to huge hospital bills, without compromising with the quality of treatment.

Personal Accident Cover Bike Insurance Add-On should ideally be purchased by the following:

• Bike owners who live in an accident-prone area.
• Bike owners who ride their bikes on a regular basis.
• Bike owners who can not afford or find medical treatment expensive.

Why is it Important to Purchase a Medical Cover in Bike Insurance?

When on the road, there always exists a possibility of an accident, therefore, it is highly important to stay well prepared in advance with an action plan that can come in handy in such situations. A bad traffic day and hurrying vehicles on the road, not just make driving stressful but those moments also consist of a high probability of getting involved in an accident and consequently sustaining several injuries.

The intensity of injuries sustained by the rider can be huge as it could even result in the loss of one’s precious life or permanent disability. And when we are aware of the fact that the probability of such incidents happening cannot be avoided, it is considered a wise decision to buy a medical cover along with a comprehensive two-wheeler insurance plan. Moreover, the insurance cover can prove to be extremely beneficial in order to meet high medical costs that can arise during the time of emergency. This cover eliminates the stress of managing healthcare expenses in case the bike gets involved in an accident as the bike insurance company compensates the policyholder with the same.

What is Covered Under PA Policy in Bike Insurance?

Accidents are unforeseen and unwelcome guests in the journey of life. Especially when on the road riding your bike, the sense of freedom could be overshadowed by the risk of uncertainties. Here, a Personal Accident (PA) cover in bike insurance becomes your knight in shining armour.

Covering the Basics

A PA policy primarily centres around the insurer, providing protective financial cover in the unfortunate event of an accident while driving the bike. It ensures that you, as the policyholder, are cushioned against various economic burdens that may arise due to accidental injuries or disabilities.

A Closer Look at the Coverage:

- Death: A crucial aspect covered is the unfortunate demise of the policyholder due to a bike accident. The nominee or legal heir is compensated with the sum assured under the policy.

- Permanent Total Disablement (PTD): If an accident results in the permanent total disability of the policyholder, the policy steps in to cover the financial hardships that may follow.

- Permanent Partial Disablement (PPD): Under this, if the policyholder faces partial permanent disabilities like the loss of a finger or an eye, the policy offers compensation proportional to the severity of the disability.

- Temporary Total Disablement (TTD): In case the accident leads to a temporary disability preventing the policyholder from engaging in any employment, a weekly benefit is typically provided to manage expenses during the recovery period.

What is Not Covered Under PA Policy in Bike Insurance?

While the PA policy aims to be a solid pillar of support during trying times, there are certain scenarios where the cover might not apply. Understanding these exclusions is crucial to nurture realistic expectations and effective utilisation of the policy.

Charting the Uncovered Territories:

- Intoxication: Accidents occurring while driving under the influence of alcohol or drugs are not covered. Safety, after all, begins with the adherence to law and sensibility.

- Deliberate Risk: Any harm caused due to deliberate exposure to danger, excluding bona fide emergencies, will not be entertained under the PA policy.

- Illegal Activities: The policy doesn’t cover accidents occurring while involved in illegal or criminal activities. The legal path is always the safer road.

- War and Nuclear Risks: Injuries or disabilities arising due to war, invasions or nuclear risks are outside the boundary of the policy’s coverage.

- Commercial Usage: The PA policy caters to the personal use of the bike. Accidents occurring while the bike is being used for commercial purposes or racing are not covered.

Making the Right Choices

In the diverse landscape of insurance policies, the Personal Accident cover serves as a valuable companion protecting you against the financial storms that accidents might unleash. Understanding the inclusions and exclusions is pivotal to steering the policy with confidence and clarity. So, ride ahead with assurance, with the PA policy guarding your journey.

How to Buy a Personal Accident Cover in Bike Insurance?

Navigating through the twists and turns of acquiring a Personal Accident (PA) cover in bike insurance can seem like a daunting journey. But fret not! The paths to this destination are user-friendly and tailored to suit your convenience. So, let’s steer through the options available to make this significant addition to your bike insurance.

Online Method: Clicking Your Way to Coverage

In the digital era, buying a PA cover is at your fingertips, quite literally. The online method shines with convenience, allowing you to secure your policy with a few clicks.

1. Website or App Navigation: Begin by visiting the official website or mobile app of the insurance provider or a reputable insurance aggregator.

2. Selection of Policy: Navigate to the bike insurance section. Here, you'll find options to include the PA cover. Browse and select as per your requirement.

3. Filling in Details: A form will greet you, seeking details about your bike, personal information and previous policy details, if any. Fill in the necessary information with precision.

4. Quotation and Customisation: Post submission, a quotation will be presented. You can customise your coverage here, ensuring that the PA cover is included.

5. Payment: Proceed to make the payment through one of the secure payment methods available. A confirmation along with the policy document will swiftly find its way to your email.

Offline Method: A Personal Touch to the Process

For those who find comfort in traditional methods or personal interactions, the offline way stands as a reliable ally.

1. Visit the Insurer: Commence your journey by visiting the branch office of the insurance provider.

2. Consultation: Engage in a consultation with the insurance executive. Express your interest in including a PA cover in your bike insurance.

3. Form Filling: The executive will provide a form, guiding you through the process of filling it. Ensure all details are accurately mentioned.

4. Documentation: Submit the necessary documents as advised by the executive.

5. Payment: You can make the payment via cheque or card. The policy document, with the included PA cover, will be handed over to you or sent to your registered address.

Choosing between the online or offline paths depends on where your comfort lies. Both roads are designed to lead you towards a safeguarded journey, ensuring that the bumps of uncertainties are smoothed out by the protective layer of the Personal Accident cover in your bike insurance. So, gear up, choose your route, and ride towards a horizon of safety and assurance.