Magma  HDI
Two Wheeler Insurance
Third Party

Third-Party Long Term Two Wheeler Motor Insurance policy

It not only covers third-party liability made mandatory by the Motor Vehicles Act for two to three years, but also protects you from yearly premium hikes by IRDA.

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THIRD-PARTY LONG-TERM TWO-WHEELER MOTOR INSURANCE POLICY
Tired of renewing your two-wheeler insurance every year?
Relax Insure your two-wheeler for two or three consecutive years with our long-term two-wheeler insurance policy. It not only covers third-party liability made mandatory by the Motor Vehicles Act for two to three years, but also protects you from yearly premium hikes by IRDA.

Additional Covers
Two-wheeler rides are great fun.
But there is also a higher probability of injury or death (than when you travel in a car), in case of an accident.
It makes sense to buy some additional insurance covers to cover the risks. With us, you can buy these at a nominal extra cost.

Personal Accident Cover
Rs 1 lakh in case of two-wheelers and Rs 2 lakhs for other classes of vehicles for individual owner of the vehicle/s while driving. This benefit is however, not available for a company-owned vehicle.
This cover is also available for the occupant/s of the vehicles
Available only if the owner of the vehicle holds a valid driving licensee.

Scope of cover
This insurance policy protects against legal liability arising out of the use of the vehicle, towards third parties arising out of bodily injury to death of a person and any damage caused to the third-party property.

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