Get the best two wheeler insurance plan from Oriental Insurance Company

Posted by General Insurance
7
Jul 19, 2017
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Oriental Insurance Company is one of the most reputed general insurance companies from public sector. Oriental Insurance is popular for offering a wide range of insurance plans and Oriental two wheeler insurance is among them.  Oriental Insurance two wheeler plans provide both liability only and package cover. Let's take a look at the package cover of Oriental bike insurance plan. Online Oriental Insurance two wheeler policies with package coverage provide comprehensive protection to policyholders.

Coverage of a package Oriental Insurance two wheeler policy

Package cover of two wheeler insurance plans available with Oriental Insurance keep the insured secured from their financial liabilities to third parties in case of a mishap. Oriental Insurance two wheeler plans provide monetary compensation in case of third party death, accidental physical injury and property damage. A package Oriental bike insurance plan also cover damages to the vehicles of policyholders due to natural calamities and man-made disasters. A package online Oriental Insurance two wheeler plan also offers a host of add-on covers that offer enhanced protection for additional premium. Here is a list of different ways of damages that an Oriental two wheeler insurance policy covers.

·         Oriental Insurance two wheeler plans cover damages due to accidents due to external means

·         Oriental bike insurance plans cover losses as a result of theft, burglary and house-breaking

·         Online  Oriental Insurance two wheeler policies cover damages due to fire, lightning, explosion

·         Oriental two wheeler insurance plans also cover damages during transit by rail, road, lift or air

The coverage amount of  Oriental Insurance two wheeler plans

IDV of the vehicle is the Sum Insured of a Oriental bike insurance policy. For vehicles that are less than 5 years old, IDV is determined by deducting the depreciation value from the selling price of the manufacturer as per the age of the vehicle. For vehicles that are more than 5 years old, IDV is worked out mutually between Oriental Insurance and the insured.

To determine the premium of an  Oriental Insurance two wheeler plan, IDV of the vehicle is required along with age, cubic capacity and zone of registration.

Duration of Oriental two wheeler insurance

Usually, Oriental Insurance two wheeler plans are issued for one year. However, Oriental bike insurance with shorter duration is also available.

How to renew Oriental two wheeler insurance plans?

Oriental two wheeler insurance renewal procedure is effortless. You just have to visit the portal of  Oriental Insurance Company and find the tab designed for Oriental two wheeler insurance  renewal. To renew Oriental two wheeler insurance, you first have to put in basic details like your existing online Oriental Insurance two wheeler policy number. After that, you can go through the document of your new Oriental Insurance two wheeler plan. Finally, to complete the  Oriental two wheeler insurance renewal process you have to make the payment online. The whole process to renew Oriental two wheeler insurance takes just a few minutes.

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