Wishpolicy Blog

A lapsed 2 wheeler insurance policy has the same status as being without insurance. This means that the 2 wheeler vehicle owner loses all the accompanying benefits and rights as a result of not paying the insurance premiums on the due date or... Read More

There is a need to renew 2 wheeler insurance policies, the failure of which may result in policy lapse. A policy lapsed is synonymous to not having bought any insurance plan to cover your 2 wheeler vehicle against possible damages in the future.... Read More

While buying any two wheeler insurance policy, it is important to consider important inclusions and exclusions to avoid any scope of miscommunication and consequent rejection of the claim in the future. The general exclusions pursuant to any and... Read More

The 2 wheeler insurance that you buy to cover your vehicle can be transferred to its new buyer subject to the condition that the seller of the vehicle informs about the same in writing to the insurance company. For transfer, a fresh proposal form... Read More

No, policyholders cannot get their 2 wheeler insurance policies canceled unless they have submitted a genuine reason for cancellation and have intimated the same within a month of buying the policy. Though insurance companies do not account for too... Read More

You must have heard the term No Claim Bonus (NCB). This is a benefit typically designed and extended by the insurance company to those policyholders who do not file any claim during the entire policy term of their insurance policy. The insurance... Read More

People frequently complain about the extent of indifference that insurance company employees exhibit towards the nominees of those who had bought insurance policies from them. Also, they refuse to honor claims, especially of term insurance plans,... Read More

Not many are aware of the regulations governing 2 wheeler vehicle insurance. This has resulted in many people making mistakes, thus, often resulting in rejection of their claims. Some of them include:- Not calling the police: Do not try to... Read More

The most basic cover provided by any kind of motor insurance policy including 2 wheeler vehicle plans is third-party liability cover, also referred to as the “act only” cover. Deemed as a statutory requirement under the Motor Vehicles Act 1988,... Read More

For insurance of 2 wheeler vehicles specially designed or modified for the blind, physically impaired or mentally challenged, a discount of 50 percent would be allowed on the “Own Damage” premium irrespective of whether the vehicles are for... Read More