Bike Insurance Online By Paytm App Part-01

Bike insurance or two-wheeler insurance acts as a safety for the vehicles. It is also mandatory by law. Under Motor Vehicles Act, 1988, every two-wheeler owner must have at least third-party insurance for the motorcycle or other two-wheelers. It is a contract between the insurer and the insured which lays down the terms and conditions for the policy. The period for which the bike insurance or two-wheeler insurance shall be active, the insurance amount, the premiums, and the voluntary deductible are all pre-decided.