When you buy two wheeler insurance for your bike Third Party Liability cover is mandatory as per The Motor Vehicles Act 1988.

Is personal accident cover mandatory for bike insurance. Since a general personal accident cover also includes cover against motor accidents if an owner-driver already has a 24 hour personal accident cover against death and permanent disability total and partial for CSI of at least Rs15 lakh there is no need for a separate CPA cover to be taken. Getting bike insurance and personal accident cover is crucial as it helps to protect the insured from unforeseen circumstances. In two-wheeler insurance a Personal Accident cover offers protection against accidental death or injuries suffered by the rider.

Even though it is not compulsory to get a bundled PA cover that comes along with a car or bike insurance policy it is however mandatory for every owner-driver to have at least a basic PA policy for covering all injuries disabilities or death caused to the self. Moreover it is required by law to avail bike insurance to protect both the rider and third parties in the event of an accident. This is a good question.

The ownerdriver PA cover is mandatory. It is mandatory to take third-party and personal accident covers as part of your motor insurance for any plying vehicle. The maximum amount that is usually offered as compensation by a Personal Accident cover is Rs1 lakh when the rider is within the age limit of 18 to 65 years.

Personal accident cover safeguards you and your loved ones from the financial crisis by offering a comprehensive cover with the small amount of premium. Yes a Personal Accident cover is mandatory for all two-wheelers. Additional cover can be purchased for the pillion rider on an optional basis.

This cover includes any damage caused to the third person property and personal Accident Cover in case of death or disability of the owner-driver. Here are the coverage details of the Personal Accident Cover. Owing to the mandatory nature of a personal accident cover.

Personal Accident Cover or Owner Driver As per the latest amendment by IRDA the limit of mandatory personal accident cover for two wheeler insurance is raised to Rs. The same can be bought along with your two-wheeler insurance policy. IRDAI The Insurance Regulatory and Development Authority of India on September 20 2018 announced new rules that will be applicable while purchasing and renewing two-wheeler car insurance policies.