How to find insurance policy number by vehicle number?
Answers
Answer:
The Insurance Regulatory and Development Authority of India (IRDAI) is responsible for regulating the two-wheeler insurance sector in India. The two-wheeler insurance insures the two-wheeler against loss, damage, or theft and provides coverage against damage caused to any third party by the insured bike. Most of the bike insurance policies provide ‘Personal Accident Cover’ to the driver who owns the vehicle, in which the owner of the vehicle also gets coverage against severe injury as well as death caused to an accident.
In this way, the documents of the insurance are mandatory for an insured vehicle according to the IRDAI laws. This is because the loss of insurance documents can lead to rejection in claim settlement. However, the availability of online purchase of bike insurance plan and consecutively soft copies of insurance documents can save one from losing these documents easily as one can save them on his/her mail or computer. However, the details of the bike insurance policy can be recovered even when one loss these documents. This can be done with the help of the registration number of the two-wheeler.