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The New India Assurance Company Stand Alone Own Damage 2 Wheeler Bike Policy
The New India Assurance Company is owned by the Ministry of Finance, Govt. India. The company is headquartered in Mumbai, India. It is one of India’s oldest insurers and was established in 1919.
The New India Assurance Stand Alone Own Damage Bike Policy
Stand alone own damage policy is the policy that covers the policyholder from the cost of damages to his own vehicle. The policy offers different addon covers which are beneficial for the policyholder. It does not cover third-party damages.
Benefits of buying Stand Alone Own Damage policy from New India Assurance
How to purchase Stand Alone Own Damage Policy from New India Assurance
Coverage of 2 Wheeler Stand Alone Own Damage Policy New India Assurance
Exclusions under Stand-Alone Own Damage Policy New India Assurance
Frequently Asked Questions
No, comprehensive bike insurance is not the same as the SAOD policy. Comprehensive policy covers own damages as well as third party damages. SAOD policy covers only own damages.
Making a new policy because of the expiry or near expiry of the previous policy.
NCB means No Claim Bonus. No Claim Bonus is the discount given by the insurer to the insured as a reward for making no claims in the policy.
Online mode is the easiest mode of buying SAOD policy. Buy policy online with support from our experts here.
SAOD policy is affordable and easy to buy. There is a range of beneficial add-ons that you can buy along with your SAOD policy. It is suggested to buy add-ons as per your requirements to enhance the coverage of your policy.