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How to Prevent Rejection of Your Two-Wheeler Insurance Claims?

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By NewsGram StaffWriter

The thought of the wind swirling in your hair as you sweep your new bike in the streets is the stuff of fantasies. Riding high on your two-wheeler might be your passion; however, with that speed and thrill, there is a responsibility to protect yourself and your vehicle also. Here comes a two-wheeler insurance policy that insures your vehicle against any perceived damage.

However, most of us buy a two-wheeler insurance policy without knowing what it entails. God forbid, if any damage happens to your vehicle, are you sure that the insurer will settle your claim? There are various reasons on the basis of which an insurer can repudiate your two-wheeler insurance claims. Let’s have a look at some of the reasons of claim rejection and necessary steps to prevent them:

  1. Repairing the vehicle without informing the insurer: Many vehicle owners get their damaged vehicle repaired after an accident and then approach their insurer for reimbursements. As insurance companies find it difficult to validate losses, they reject claims of such policyholders.

Solution: You should first inform the insurer so that their authorized person can come to inspect your vehicle and estimate the extent of loss.

  1. Undeclared modifications to the vehicle: If you have done modifications to your vehicle but haven’t covered it while buying the policy, your insurer can reject your claim application even if losses occur due to some reasons.

Solution: Your insurer needs to be updated about any modification you or the previous owner has made to the vehicle, in case of a second-hand vehicle. Be it engine related or an added accessory, all changes made to the vehicle that alter it from its factory standard must be properly declared, else your claim can be rejected by the insurer.

  1. Non-disclosure of material facts: If there is a non-disclosure of material facts or misrepresentation at the time of filing for a claim, it amounts to a breach of the duty of utmost good faith. As a result, the insurer can reject your claim as if it never existed.

Solution: It is imperative for policyholders to understand that the insurance contract is guided by underwriting principles which are based on the information given by them. Therefore, stating all things correctly in a policy document is crucial.

  1. Losses not covered under the policy: There are certain perils, such as mechanical breakdown, consequential loss, and damages due to nuclear weapons or wars, which are not covered. If a claim is filed in respect of such losses, the insurer can reject your application.

Solution: Read all policy documents carefully and understand them well. In case of a doubt, seek clarification from the insurer.

  1. Drunken driving: The insurer can reject your claim if the accident happened when the driver was under the influence of drugs or alcohol. The insurer can reject your claim on this ground and no court will hear your case.

Solution: Driving requires your full attention and drinking causes hindrance. So stay away from alcohol or drugs while driving.

  1. Invalid driving license: Driving license is valid for a considerable period of time and after that you need to renew it. However, if the accident happened when you or someone else was driving your vehicle without a valid driving license, your two-wheeler insurance policy claim will be rejected.

Solution: Mr. Nitin Gadkari, India’s transport minister, had revealed that almost one-third of driving licenses in India are invalid. Meanwhile, whatever the corruption and malpractices prevalent in issuing driving license in India, it is in the best interest of people to get a valid license.

  1. No transfer of ownership: Remember, the insurance policy is bought in the owner’s name and not in the vehicle’s and hence this transfer of name is an important parameter to consider after you purchase your second-hand vehicle. In case where transfer formalities have not been done, the policy becomes null and void.

Solution: At the time of buying a second-hand vehicle, make sure to transfer your name in the policy copy.

  1. Usage: A personal vehicle can’t be used for commercial purposes. Your claim will be rejected if losses happened due to use of a personal vehicle for commercial purposes or for any other illegal activity.

Solution: Never use your vehicle for some other purpose. Also, do not lend your vehicle to any other person without knowing the actual purpose.

Conclusion

Your two-wheeler insurance policy is a smart investment that can save you from unaccounted expenses. However, merely buying the policy is no guarantee that the insurance company will pay for all losses and damages. Therefore, be true, instead of being reckless and take all necessary steps to avoid rejection of your claims.

 

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What’s Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs?

Virat Kohli getting his beard insured.

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What's Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs?
What's Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs? Flickr

Life insurance is no big deal, but getting your body parts or other attributes insured is quite wacky. For celebrities, their bodily features serve as their means of livelihood and fame. So, it is only natural that they would be protective of their ‘assets’. With the buzz around Indian skipper, Virat Kohli getting his beard insured, the trend is gaining quite a momentum in India. Though, it has already been in practice in the West, with celebrities like Miley Cyrus (she got her tongue insured), Jennifer Lopez (has her voluptuous booty insured), Daniel Craig (got his whole body insured), and many others popularising the latest fad, Indian celebrities are joining their Western counterparts in protecting their features, too.

John Abraham

The handsome hunk, John Abraham, who gave us a tantalizing butt view in Dostana not only had his female friends ogling but also arrested the attention of an international insurer. They offered to ensure the Bollywood star’s derrière for a whopping Rs 10 crore to which he responded positively. Well, it is an ass-et and most expensive butt in Bollywood

parmanu
The film is jointly produced by JA Entertainment, Zee Studios and Kyta Productions. Flickr

Sunny Deol

Known for his ‘dhai kilo ka haath’, Sunny Deol got his voice and dialogue style copyrighted instead. Because he was disappointed when his voice and dialogue delivery was adopted for mimicry, which far exceeded permissible levels according to him.

Rajnikanth

There is nothing that Rajnikanth can’t do, especially in his films. Speak of Thalaiva and even the earth stands still (pun intended of course). The actor who, even today, has a crazy fan following, has got his voice insured and patented, followed by a petition he filed against a production house for personality right violation.

 Amitabh Bachchan

The Big B, Amitabh Bachchan, got really upset when he found out that the voice artists were using his baritone without the permission to sell certain products that he didn’t quite approve of. So, it was buzzed that Amitabh wants to get his voice copyrighted. Hence, Mr Bachchan got his voice tone insured and patented.

it was buzzed that Amitabh wants to get his voice copyrighted
it was buzzed that Amitabh wants to get his voice copyrighted. flickr

Priyanka Chopra

Everybody is aware of Priyanka Chopra’s pouty smile on which she has drawn up a copyright. As she seems to be of the opinion that her smile is very much her own, and no one has the right to copy it after she discovered the wrong ways of it getting used by doctors promising young girls to achieve ‘Priyanka Chopra Smile’ after necessary surgical tweaking.

Actress Priyanka Chopra attends the Clive Davis and Recording Academy Pre-GRAMMY Gala and GRAMMY Salute to Industry Icons Honoring Jay-Z on January 27, 2018 in New York City.
Actress Priyanka Chopra attends the Clive Davis and Recording Academy Pre-GRAMMY Gala and GRAMMY Salute to Industry Icons Honoring Jay-Z on January 27, 2018 in New York City.
 Mallika Sherawat

Known for her hourglass figure, Mallika Sherawat went a step ahead of all the other Bollywood divas and got her whole body insured. It is also believed that the actress spends hours on her body to keep it flawless.

Sania Mirza

Ace tennis player, Sania Mirza has reportedly got her hands insured, which are her greatest assets. Because tennis is a tough game and it involves a lot of hand movements and mind presence. Plus, we all have seen her create magic by winning trophies for the country.

Lata Mangeshkar

Known as the second nightingale of India, Lata Mangeshkar has given a number of hits and even lent her voice to generations of actresses since 1940s. While the amount remains unknown, it has been confirmed that she has got her melodic voice insured.

Lata Mangeshkar has got her melodic voice insured
Lata Mangeshkar has got her melodic voice insured. Flickr

Vijender Singh

India’s ace pugilist, Vijender Singh got his power-packed hands insured, as those are his main weapons in the game. The decision came after his medal-winning performance in 2008 Beijing Olympics.

Also read: Important for celebrities to speak up, bring change: Deepika Padukone

Rakhi Sawant

The controversial, outspoken actress, dancer, model and host, Rakhi Sawant loves herself more than anything else and everyone is well aware of it. In order to keep herself sexy always, she has apparently insured her derriere. (IANS)