Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Brand Stories / Bajaj Finance partners with SBI General Insurance to offer more consumer-centric motor insurance policies
BackBack
BRAND POST

Bajaj Finance partners with SBI General Insurance to offer more consumer-centric motor insurance policies

Read along to know the benefits customers can reap from the motor insurance policies offered by SBI General Insurance

Bajaj Finance partners with SBI General Insurance to offer more consumer-centric motor insurance policiesPremium
Bajaj Finance partners with SBI General Insurance to offer more consumer-centric motor insurance policies

To ensure a hassle-free purchase of motor insurance policies, SBI General Insurance has collaborated with Bajaj Finance to offer one-of-its-kind car and bike insurance policies. Vehicle owners can visit the Bajaj Finance portal to buy the SBI General car and bike insurance policies online in just a few steps. The process is simple and less time-consuming.

Read along to know the benefits customers can reap from the motor insurance policies offered by SBI General Insurance.

SBI two-wheeler insurance policy through Bajaj Finance 

The SBI General Two-Wheeler Insurance Policy - Package covers accidental damages caused to the owner’s vehicle and third-party property and life. The insurer also offers customers a wide range of add-on covers to enhance their basic plan.

Here are some major benefits of this policy that will add a financial cushion against accidental damages:

  • Third-party liability cover: It gives financial security against the damages caused to third-party vehicles or life after an accident caused by the insured vehicle. A third-party liability cover is mandated by the Motor Vehicles Act.   
  • Personal accident cover: This feature covers the owner-driver of a vehicle financially in case of road mishaps that may lead to his/her total permanent disability. Further, in the case of death, the nominee gets the sum insured as stated in the policy document.
  • Own-damage cover: It provides coverage in case the insured’s vehicle is damaged due to accidents, natural calamities, or human-inflicted vandalisation. 
  • Add-ons: Individuals can add a return to invoice, depreciation reimbursement, and No Claim Bonus (NCB) protection covers while purchasing the SBI General’s Two-Wheeler Insurance Policy - Package.

SBI four-wheeler insurance policy through Bajaj Finance 

SBI General’s Private Car Insurance Policy - Package is an all-in-one four-wheeler insurance policy tailored to provide customers comprehensive coverage against accidental losses. 

Here are the features that customers can benefit from by purchasing this comprehensive four-wheeler insurance policy:

  • Comprehensive cover: This motor insurance policy not only helps the policyholder to overcome the financial liabilities against third-party damages but also covers the damages caused to their own vehicle. Thus, it gives customers freedom from purchasing a separate third-party four-wheeler insurance policy. 
  • Personal accident cover: The insurer extends compensation in case accidental damage leads to injuries, disabilities, or demise of the owner-driver or co-passenger.
  • Add-ons: A range of add-ons are available with this SBI General’s Private Car Insurance Policy - Package. Customers can integrate the following riders with their standard plan to broaden its coverage:
  • Depreciation reimbursement
  • Return to invoice
  • Roadside assistance
  • Cover for key replacement
  • No Claim Bonus (NCB) protection
  • Consumable covers
  • Hospital cash cover
  • Accident cover for additional passengers
  • Engine guard cover

Why should customers choose SBI General motor insurance plans?

SBI General Insurance is one of the leading insurance companies in the market that provide comprehensive coverage along with several customer-centric benefits as mentioned below:

  • Fastlane claim settlement: The insurance company offers the ‘Fastlane Claim Settlement’ process to ensure that customers face almost zero difficulties in getting their benefit requests settled. A dedicated representative will guide the policyholders thoroughly while they raise their claims.
  • Cashless servicing: Consumers can visit the insurer’s network garages to avail of the services without any upfront payment. 
  • Attractive premium: SBI General Insurance offers motor insurance policies at an affordable premium amount.

Benefits of purchasing SBI General’s motor insurance policies through Bajaj Finance

Purchasing a policy becomes convenient when customers do it from Bajaj Finance. The process is entirely paperless, transparent, and secure. They simply need to fill in the application form properly, submit it along with the required documents and complete the payment. It resolves the inconvenience of visiting the physical branches of the insurance issuer to cover motor vehicles against potential accidental damages.

Bajaj Finance, an online marketplace, has made purchasing a two or four-wheeler insurance policy faster, more streamlined, and transparent. Customers can now easily purchase multiple comprehensive motor insurance policies and stay financially secure against unanticipated mishaps. 

Disclaimer - *T&C Apply. Bajaj Finance Ltd (BFL) is a registered corporate agent of third-party insurance products under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. 

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same. This information does not constitute a financial advice.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 10 Apr 2023, 12:22 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App