Are you trying to find a cashless and hassle-free two-wheeler insurance policy? So stop looking now! Understanding how to determine whether a specific bike insurance policy is cashless is critical. Continue reading to learn some fast hacks that will enable you to find a cashless bike insurance plan quickly.
You can find out if your two-wheeler insurance is cashless or not by using the following methods:
Examine The Policy You Have
The details of your insurance policy will make it very evident whether or not cashless benefits are offered. You can search your insurance policy document for terms like “cashless,” “network garages,” or “cashless facility.”
Speak With Your Insurer
You can speak with your insurer directly if you still need to decide whether cashless benefits are included in your bike insurance policy. They have the information that will enable them to assist you.
Check The Garage Network
Your two-wheeler insurance plan will have a network of garages where you can get bike repair services if it offers cashless benefits. There will be no money upfront required from you. To find out if a network garage accepts cashless transactions, you can also look up their name on the list of authorised network garages within your insurance network.
Understand The Claim Processes
The bike insurance claim process for a two-wheeler insurance plan that offers cashless benefits will differ from that of a non-cashless plan. In cashless claims, the network garage and the insurance company directly negotiate the repair costs. It ought to be evident that your policy is not cashless if it requires you to make an upfront payment and then submit a reimbursement request to your insurer afterwards.
Pay Attention To The Cashless Logos
The policy document or website of an insurer that provides cashless services will frequently bear specific logos indicating that cashless services are available. The names of their network garages or phrases like “cashless facility available” are typically included in these logos.
Why Cashless Bike Insurance Is Beneficial*
You should know the advantages of cashless bike insurance now that you can spot it. Here are some benefits that make it a worthwhile choice:
You can choose the cashless mode because it requires you to make no significant out-of-pocket payments. In addition, there is no worry about handling the payment. You can calculate the costs of premiums using a two-wheeler insurance calculator.
Easy To Use
Policyholders find great popularity in this mode. If you select this option, you can have your bike repaired at any authorised garage network provider by your insurance company. In this instance, you won’t need to worry about paying the bills because the insurer will take care of it independently.
Most insurers have their network garages set up in PAN India. As a result, you won’t need to worry about their accessibility because there will be a network garage nearby, just a few kilometres away.
Indian bike owners must have third-party insurance, but comprehensive coverage is essential for full protection. Cashless claims are convenient to manage.
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.