How To Check Bike Insurance Expiry Date Online?

Buying a bike of your dream is not the end, you also need to protect it from different hazards and dangers that it is exposed to like you protect your family and the dearer ones. Moreover, a third-party bike insurance policy is mandatory for the owners of the bike, as per the Indian Motor Act. When the insurance policy for a bike is purchased, it automatically gets linked to the vehicle’s registration number.

But, purchasing a bike insurance policy does not end your responsibility because to continue to protect and safeguard your bike, you need to renew the insurance plan on time regularly. For this, you need to be well aware of the expiry date of your bike insurance policy otherwise, if not paid the premium on time, the policy will be void and you can not avail of any of the benefits and facilities of your policy. Certainly, you do not want that. Therefore, it is vital to be aware of the expiration date of the policy.

The expiry date of your bike insurance policy must be in your knowledge because of various reasons. The most important ones are as mentioned below.

• For Not Breaking The Law – If you are a bike owner, having a third-party liability bike insurance policy is mandatory in India as per the Indian Motor Act. If you miss the expiry date of the insurance plan, your policy will be void and therefore, you will be breaking the law, which is a punishable offense.

• For Protecting Your Bike – Your dream bike needs protection in the form of a bike insurance policy just like you protect your closed ones through various insurance plans. But, if you do not pay the premiums on time, your policy will be expired and you cannot avail of the benefits and facilities of your policy. Therefore, your bike will not get any protection.

• To Avoid Financial Burden – If your bike meets an accident or any perils, it needs repair works to get back to its previous state. This repair work may cost you thousands to lakhs, which may pose a financial burden on you. But if you have an active bike insurance policy and you pay the premium on time before the date of expiry, that plan will compensate your economical loss and lessen your financial burden.

• To Avoid Complexities And More Expenses – Keeping the expiry date of your bike insurance policy in knowledge is important because though some insurance providers offer a revival of an expired policy, this process is complex and also will charge you extra as fine. To avoid such uncertainties, you need to keep a tab on the expiry date of your bike insurance policy.

• To Keep Your Policy Active – If you know the date of expiry of your bike insurance policy, you can pay the premium before that and prepare yourself according to that. In this way, you can keep your policy active and avail of its benefits and facilities of it.

• To Have Peace of Mind – If you know the expiry date of your bike insurance plan and pay the premiums on time regularly, it provides you with a sense of peace and you can go out on your bike without much worry.