Motorcycle insurance for Bangladesh

Compensation available from Bike Insurance

 Motorcycle Insurance -

Compensation available from Bike Insurance:

Motorcycles are one of the means of transportation. And to ride this motorcycle on the road, we need a lot of paperwork. Insurance is one of them. Many of us know about Motorcycle Insurance, but many do not.

YAMAHA by ACI Motors

Many use motorcycles to get around. When it comes to vehicles, the first thing that comes to mind is accidents. When we go out on the road, we all see various accidents. In most cases, the offender has to pay an immediate fine or the offender is sentenced to various terms. There is no end to the frustration if your favorite motorcycle is damaged by an accident.

“Insurance plays a big role in this. If your motorcycle is damaged due to an accident, the insurance company will cover all the costs of repairing your motorcycle. But very few of us know how to do this. ”

If your bike has comprehensive moto insurance then you don't have to spend any money if your bike is damaged in an accident. You will get money from insurance.

Motorcycle Insurance - How to do it?

You have to go to the insurance office to insure the bike. You have to take the bike papers with you when you go there. If you can't find an insurance office, go to a bike sales company and they will help you. From there you can insure the bike.

However, all these methods may seem troublesome to many. This problem has been solved recently. Now you can insure at home?

How Online Insurance does:

For the first time in Bangladesh, Nittal Insurance is offering online motorcycle insurance. You can easily insure online

Motorcycle Insurance - How to insure online

First you need to open nitolinsurance.com in the browser.

Then click on online motor insurance

Must give full details of the motorcycle.

Then select the payment method.

 Development,

 Mobile banking,

 Credit cards,

Debit card etc.

They will send you a confirmation message and a copy in your email.

And within three working days you will receive a copy of the insurance by courier.

Motorcycle Insurance - Benefits of having insurance:

Many of us think that motorcycle insurance only saves us from lawsuits, more than that it is of no use. But your idea is completely wrong. Because insurance has many benefits. Let's not know about them.

Accidental compensation has to be paid to the insured's subordinate under other general laws including "Workmen's compensation act 1923 & Fatal accident act 1855". Who is in no way associated with the care or maintenance of the motorcycle.

Accidental compensation must be paid to the insurer or any other known passenger other than the working driver. They must be between the ages of 18 and 65.

Accidental compensation to a second unidentified passenger between the ages of 18 and 65, excluding the insured and the working driver.

All things Covered by Insurance:

Insurance gives you full compensation benefits. These benefits include protection against riots, arson, theft, explosions, strikes, and terrorist activity.

In addition to these, insurance helps you in a variety of crisis situations. Such as: -

 Internal breakdown,

 Battery discharge,

Tire rupture,

Missing key etc.

In cases where insurance is not applicable: -

Insurance however does not apply to all losses. Let's find out

Insurance is not applicable in case of loss due to strike, strike or terrorist activities.

Insurance is not applicable in case of damage due to earthquake.

Insurance is not applicable in case of damage to vehicles due to floods, typhoons, cyclones, hurricanes, hailstorms, hurricanes and snowfalls.

 Whether there is any compensation for motor biker insurance:

This question revolves in the mind of every biker, but most of us do not know the answer to this question. Motor insurance can be divided into two main types,

Comprehensive Moto Insurance

Third party or one liability motoinsurance.

First of all you need to know which insurance to take on your motor vehicle. If your bike has Comprehensive Motoinsurance, Comprehensive Insurance will compensate you according to some rules if the bike is damaged. But most of us bikers understand bike insurance to be third party insurance.

But in the case of third party insurance, if your bike is damaged you will not get any compensation there. However, if the driver dies for any reason, the Nittle Insurance Company pays up to Rs 20,000.

Motorcycle Insurance Company:

How much does Comprehensive Moto Insurance cost:

Comprehensive moto insurance costs 10 thousand rupees. And it's the same for all insurance companies.

How much does third party insurance cost:

Third party insurance costs 230 rupees, and this insurance is provided by most bikers.

Insurance money, compensation money, all these things are determined by the Insurance Development and Regulatory Authority of the Government of the People's Republic of Bangladesh.

Whether the bike can be insured for a long time:

According to the policy of the Insurance Development and Regulatory Authority of the Government of the People's Republic of Bangladesh, you can insure your bike for one year and not for more than that.

 Whether insurance money is available:

Yes, insurance money is available. But to get that money you have to go a long way. First of all you have to go to the police station and make a GD. A copy of the GD must be taken to the insurance office.

From there the insurance authority will come for verification. Then you can get that money only if everything is fine. This was like today with Motorcycle Insurance. If you have any questions, you can let us know in the comments. Thanks.