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Insurance- What,
Why, When.
Geared
Bikes and Geared
Scooters
Non geared
Mopeds and scooties
Bike
Moped
Commercial
( Commercial Use)
# of Two Wheelers In
1952
# of Two Wheelers In
2012
27 thousand
115419 thousand
120000
100000
80000
T
w
o
W
h
e
el
er
s
60000
40000
20000
0
Year
3,61,09,120
2,92,26,417
68,82,703
Insured
Uninsured
Components of Two
wheeler Insurance
Two Wheeler Insurance is usually of 2 type
Comprehensive: Comprehensive Cover has 2
components
- Own Damage: Covers the Damage to the vehicle
which is insured.
- Third Party Liability (TPL): Covers Damage to life
or property caused by the owner, when driving
the insured vehicle.
Components of Two
wheeler Insurance
Two Wheeler Insurance is usually of 2 type
Third Party Liability ( TPL): Covers Damage to life
or property caused by the owner, when driving
the insured vehicle.
The TPL is a mandatory cover. Every vehicle owner,
must have the TPL.
As we can see, the comprehensive policy includes
both the Own Damage and TPL.
.. Presented by
Turtlemint.
Visit us at www.turltemint.com
Contact us at: 1800-266-0101