Opt long terms to get rid of the hassles of renewing your policy every year

Forgetting to renew your two wheeler insurance policy is a very common factor. And if are one of those who find it boring to renew your two wheeler insurance policy by the ends of every fiscal year then there is a good news for you. National two wheel insurance policy is now providing you with the option of renewing your bike insurance policy after an extending policy period. National Insurance’s two wheeler insurance policies are now available as long term policies.

Long-term two-wheeler insurance

Recently a few insurers including National Insurance’s two wheeler insurance have launched long-term two-wheeler insurance which covers your two wheeler for a period up to three years .previously the policy was restricted to a single year. But now with long tem policies you will be able to enjoy your policy service for an extended tenure. The IRDA has permitted the implementation of the long term insurance cover. This initiative will convince the National Insurance’s two wheeler insurance customers to renew there policy as it has to be done once every three year. This has also show a growth in the sale of National Insurance’s two wheeler insurance policies. Although, buying a longer-tenure bike policy is not mandatory. However the number of two wheelers is growing exponentially every year, the number of vehicles falling out of the insurance net is also very high and it a shocking discloser that more  than 2/3rd of old two wheelers are uninsured. Keeping this in view, having National Insurance’s two wheeler long-term insurance policy options for this segment becomes critical so that the maximum number of two wheeler vehicles are covered under the National Insurance’s two wheeler insurance.
A National Insurance’s long-term bike insurance policy is worth opting for as it provides its customers with certain facilities. Such as-

• Discounts in premium
• Insulation from the yearly increases in third party (TP) premium

Let us examine the advantages and disadvantages of taking such a policy.

Getting rid of renewing hassles

Long-term two-wheeler insurance saves one from the hassles of renewing the policy every year. National Insurance’s two wheeler insurance providers agree to the fact that it is truly troublesome to keep track of annual renewal dates of policies, particularly when someone owns more than one policy. Even if the policy holder remembers the date he might fail to renew it due to some unforeseen problems. But if these issues can be taken care of by opting for National Insurance’s two wheeler insurance long-term two-wheeler insurance policies it will surely show a steady rise in the two wheeler insurance market. National Insurance’s two wheeler long term insurance policies are much more convenient as it provides a convenient way for the customers to keep their two wheelers insured without facing the hassle of annual renewals.

As National Insurance’s two wheeler insurance customers you are liable to opt for the various options provided by National Insurance company ltd. The National Insurance’s online two wheeler insurance policies can also be payed for, compared and bought online.