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Cholamandalam Bike Insurance Policy Renewal

The bike insurance policy from Cholamandalam MS is an effective way to protect the insured’s bike against various damages occurring as a result of accidents, theft, fire, etc. However, the policy comes with an expiration date and renewing it is very crucial to enjoying the benefits and coverage. 

Cholamandalam MS General Insurance company has made the renewal process of bike insurance policy extremely easy and hassle-free. One can either go for the online method or the offline method at his/her convenience. Continue reading to know more about Cholamandalam’s two-wheeler insurance policy renewal.

Online Process Of Cholamandalam Bike Insurance Policy Renewal

The company has introduced some simple steps to renew the bike insurance policy. They are as follows:

  1. Pay a visit to the official website of the company.
  2. On the top of the home page, click on “Select Renew Chola MS Policy”.
  3. Now the insured needs to select the policy type as “Motor” and enter his policy number as well as vehicle registration number or engine number. 
  4. Once all the details are entered by the insured, he can press “Proceed”.
  5. Now the last step is payment. The policyholder can use his/her debit card, credit card, or net banking to make a payment through the website’s payment portal. He/she will receive the documents within a few days.

The following options are available for renewing the Cholamandalam bike insurance policy offline:

  • By going to the branch office: To renew the Cholamandalam bike insurance policy, the insured can visit the branch that is most convenient for him. He can simply provide the necessary information and pay with cash, a check, or a bank draft.
  • By calling: By dialing the company’s toll-free helpline number 1800-208-5544, the policyholder can renew his Cholamandalam bike insurance.

Benefits After Renewing Cholamandalam Bike Insurance Policy

When the policyholder renews his Cholamandalam bike insurance policy, he can enjoy the following benefits:

  • Sense Of Security: When a policyholder renews his Cholamandalam bike insurance policy, he or she can drive with a sense of security and need not worry about any legal or financial liabilities arising out of an unfortunate incident.
  • Easy & Time-Saving Process: The company has made the renewal process extremely easy for the policyholders. They can follow a few simple steps online and renew their bike insurance policy within the comforts of their homes.
  • Transparent & Secured Process: Cholamandalam bike insurance policy renewal is a safe and transparent process. The insured can pay the premium using secure payment gateways that guarantee that he/she won’t be subject to any fraud risks. Moreover, the policyholder can get all the insurance details with a single click. By doing this, the process is made unambiguous.
  • Easy Customization: The insured can easily select some of the best add-ons while renewing his/her Cholamandalam bike insurance policy. Keep in mind that the types of coverage included will have a significant impact on the policy rate.
  • Avail No Claim Bonus: The policyholder qualifies for an NCB if he renews his bike insurance online within the policy duration without filing a claim. NCB is an insurance premium discount that may be redeemed at the time of policy renewal.