When you are about to finalize an insurance plan with your insurer, you must make sure that you have fully understood the
Policy Exclusions. Also, remember that these exclusions differ from one company to another and thus, you must read them every time you visit a new insurer. Here are some worthy mentions of these exclusions:
- Insurance plan availability doesn’t necessarily mean that you have availed the cover for all types of situations.
- In case of riding other bikes than your own, you might be deprived from the insurance cover offered by your insurance plan.
- Riding Other Motorbikes (R.O.M.) is allowed by few insurance companies and that too in situations of emergency only.
- Third Party Only cover may be included in your policy in case of Riding Other Motorbikes.
- If you are not aware of these Policy Exclusions, you might not be able to restrict yourself from falling into hard situations. It might mean, expending loads of money to get out of these situations.
- God forbid, but if you have an accident, while riding other bikes, you might face the unwillingness of your insurance company to take up the responsibility of covering your damages.
Thus, it is always a good habit to check the terms and conditions, especially the policy exclusions, of
Bike Insurance plan coming your way.
