Friends, in today’s post we will talk about insurance. Friends, in today’s time it is very important to get insurance. Today you can get everything insured. Friends, in today’s time everyone is thinking that we should get insurance but we are not able to understand from where we can get a good insurance. Friends, in today’s time there are many companies that provide you insurance but today I am going to tell you about a company that will provide you insurance immediately. Friends, the name of the company we will talk about today is Paytm. Yes friends, you can also get every type of insurance from Paytm, about which you will get detailed information.
You can get different types of insurance from Paytm like life insurance, car insurance, health insurance, bike insurance. Friends, in today’s post we will know what is Paytm Insurance, how to get Paytm Insurance, how to get Paytm Bike Insurance, what is Paytm Car Insurance, how to get Paytm Health Insurance, who can take Paytm Insurance, what documents will be required to get Paytm Insurance. Friends, let’s start this post without any delay and know about Paytm Insurance in detail.
Paytm Insurance Complete Information
This is a company through which you can get many types of insurance. From its name itself you must have understood that you exchange money through Paytm, yes friends, this is the same Paytm through which you can also get all types of insurance. Paytm was started on 30 April 2012. In today’s time everyone uses this app. Today everyone knows about Paytm, it has created a different identity for itself. Money transactions are easy through Paytm. Now you can also get insurance through this app.
| App Name | Paytm |
|---|---|
| Application Type | Insurance |
| Types of Insurance | Paytm Bike Insurance, Paytm Car Insurance, Paytm Health Insurance |
| Coverage | 6 Crores |
| Application Users | More than 50 Crores |
| Launch Date | April 30, 2012 |
Paytm Bike Insurance
| Policy Types | Benefits |
|---|---|
| Third-Party Liability | Easy purchase |
| Comprehensive Bike Insurance Plan | Helps save on commissions |
| Standalone Own Damage Plan | No need for physical documents, instant policy documents |
Paytm Car Insurance
| Policy Types | Benefits |
|---|---|
| Third-Party Liability | Pay now, save later |
| Comprehensive Car Cover | Become a responsible citizen |
| Personal Accident Cover | Ensure safety for yourself and others |
Paytm Bike Insurance
Friends, first of all we will know what is bike insurance. Bike insurance protects against accidents, theft, natural disasters or any kind of loss caused by the bike. It is very important for you to have bike insurance, if you do not have bike insurance, then you may suffer heavy losses, if any accident happens with your bike and you do not have bike insurance, then you will have to pay a fine and you may also go to jail, so it is very important to have bike insurance.
You can get different types of insurance within bike insurance as well, if you have a third party liability policy, that is, the third party covers injuries caused to his property etc. Standalone Own Damage covers damage to the bike due to accidents, man-made disasters. Comprehensive bike insurance covers vehicle damage and third party claims. If you are getting a brand new bike insured, then initially you can take a five-year insurance policy. If you have bike insurance and your bike gets stolen, then you will also be compensated for that loss.
Types of Paytm Bike Insurance Policies
Third Party Liability Only
If you have a bike, then it is mandatory to buy third party two wheeler vehicle insurance as per the guidelines of the Vehicle Act. Third party liability only means that if your bike meets with an accident and another person’s vehicle is damaged due to your bike, then that loss will be compensated by the insurance company. The insurance company will bear the cost of the person whose vehicle is damaged, but the insurance company will not bear the cost of damage to your bike, you will have to bear it yourself.
A cover of up to Rs 7.5 lakh is given for damage to third party property. If the third party gets injured, disabled or dies at that time, then the coverage limit has not been determined. But some conditions have also been kept for this, it only covers the damage to the third party’s vehicle, damage to oneself will not be covered. If you were drunk at the time of the accident, then your claim will not be accepted by the company. Even if you do not have a driving license, your claim will not be accepted. If your bike gets stolen, then the damage to the third party’s vehicle will not be covered.
Comprehensive Bike Insurance Plan
Comprehensive bike insurance plan In this, damage caused to the third party as well as damage to your bike is covered. The insurance company will bear the cost of damage to your bike. It covers damage caused due to accident, collision and natural disaster. Apart from this, if your bike gets stolen, that loss will also be covered. There are some conditions of comprehensive bike insurance plan, if you were drunk at the time of the accident, then you will not get any cover. If you do not have a driving license at that time, then also your claim will not be accepted. The damage caused while taking the bike to the garage after the accident will not be covered. If there is your own negligence in the accident, then also the claim will not be accepted.
Standalone Own Damage Plan
Standalone own damage plan as the name suggests covers the damage caused to self, that damage can be caused by man-made or natural disaster. Theft of your bike is also covered under this plan. This plan also has some conditions, in which if any third party gets injured due to your bike, death or damage to his property will not be covered. If you were intoxicated at the time of the accident, then your claim will not be accepted. If you did not have a driving license at the time of the accident, then also you will not get the benefit of this plan. If you are found negligent at the time of the accident, then also your claim will not be accepted.
Features of Paytm Bike Insurance Policy
No-Claim Bonus (NCB)
The insurance company offers you a no-claim bonus if you do not file a bike insurance claim during the policy term. The first claim-free policy year gives you a discount of 20%. This discount will be increased to 50% if you do not file a claim for the next four years. This discount will be applicable on own damage to the vehicle. This facility is offered by both standalone and comprehensive bike insurance plans.
Various add-ons
Comprehensive bike insurance and standalone insurance policies offer a variety of add-ons such as no-claim bonus cover, engine protection cover, depreciation cover, roadside assistance, pillion etc. These add-ons come with a premium but can help you in uncertain times.
Personal Accident Cover
You can also get personal accident cover of up to Rs 15 lakh under the bike insurance policy. Coverage will also be available for injury or death caused due to an accident. It is mandatory for those who own a bike to take personal accident cover.
Paytm Bike Insurance Benefits
Easy Shopping
You can easily buy bike insurance policy online by providing some personal details and bike related information.
Will help you save on commissions
If you want to get your bike insurance done offline, then you will get it done through someone and that too will charge you separately, but nothing like this happens while getting online insurance done.
No need for physical documents
While buying a bike insurance policy online, there is no need for many documents. You just have to provide your bike’s registration number, model and engine CC.
Receive policy documents instantly
Friends, when you buy bike insurance offline, you will not get a policy that you can use all the time. But if you buy a bike insurance policy online, you will receive the documents in your mailbox immediately.
24 hour financial protection
This bike insurance policy not only protects you in case of an accident with your bike but also protects you in case of a natural disaster or terrorist activity. You will get financial protection even if your bike gets stolen.
Care of Injuries
If you get injured due to the accident then you will be compensated for your treatment.
In Just a Few Minutes
You can buy bike insurance policy in just a few minutes; you just have to provide some information related to your bike.
Repair Facility
If the bike gets damaged, you can get it repaired in any garage and you do not need to pay any money, this work will be done by the insurance company itself, you just have to show the bike insurance policy.
How to Buy Paytm Bike Insurance Online?
First of all you have to go to the Paytm website.
After this you have to click on bike insurance.
After this you have to enter the registration number of your bike.
After this you can read all the terms and conditions carefully.
After this you have to enter the brand, model and engine type of your bike.
After this you have to tell the place of registration.
After this you will get the cheapest insurance quotation.
After this choose the quotation you like and pay the premium.
After this the bike insurance policy document will be received in your mailbox.
Paytm Car Insurance
Friends, you can also get car insurance from Paytm and it is very important to get it done. Whoever has a car should get this insurance. Friends, difficult times never come with any notice. Any accident can happen to anyone at any time, but you cannot bear the entire cost of that accident from your pocket, so it is very important for you to get insurance. In an accident, your vehicle or the vehicle of the person in front can suffer a lot of damage, in such a situation, if you have insurance, then you can avoid this loss. Friends, let’s get complete information about Paytm car insurance.
Types of Paytm Car Insurance Policy
Third Party Liability
When your car gets into an accident and any kind of damage is caused to a third party person or vehicle, then you are responsible for it, so it is mandatory that you should have this policy. If you damage another person’s vehicle or pedestrian with your car, then you will not have to pay the expenses from your pocket, if you do not have this policy, then you will have to pay a fine and you can also go to jail. In this policy, only the other person’s vehicle or physical damage is covered, there will be no cover for the damage to your vehicle. If you do not have a license while driving, then there will be no cover. If the driver was drunk, then also there will be no cover. There will be no facility of add-on cover.
Comprehensive car cover
Comprehensive car insurance provides you business protection. This policy will not only cover third party damage caused by you but also your own damage. It will not only help you in case of an accident but will also help you in case of a natural disaster. The company will bear all the cost of repairing the damage caused in the accident. This comprehensive car insurance will be very beneficial for you. Add-on covers are also available in this policy like zero depreciation, key protection cover, engine protection, return on challan, consumable cover. It is not mandatory to take this policy, you can take it if you want. If you do not have a license or you are intoxicated while driving, then you cannot avail this policy.
Personal Accident Cover
Sometimes accidents happen which can be very serious. Sometimes such accidents happen which can cause our death or disability. At that time you get personal accident cover. It is mandatory for you to take this personal accident cover. You can get this cover up to Rs 15 lakh. You will be compensated on disability and the full amount will be provided on death. When you are driving, you must have a driving license otherwise you will not get this policy.
Benefits of Paytm Car Insurance Policy
Pay now and save later
Car accidents can be very costly, so you can save a lot by paying less.
Be a responsible citizen
If you have a car then it is mandatory to have car insurance, so become a responsible citizen by getting car insurance so that you can avoid legal penalties. If you have insurance, you will not have to pay the accident expenses from your pocket.
Self safety, safety of others
If you are taking an insurance policy, you not only protect yourself but also others. When an accident happens to you, the damage caused to the other person is also covered, this can save you a lot of money.
Peace of mind
No matter how good a driver you are, an accident can happen to anyone at any time, so if you have insurance, your mind will be at peace. It is not only accidents that damage your vehicle, there are many other reasons like earthquake, flood, any kind of natural calamity can damage your vehicle.
Other protections
With car insurance policy, you get many other benefits like engine protection, consumable cover, key protection cover, zero depreciation cover, daily allowance, no claim bonus, etc.
How to buy Paytm car insurance online?
First of all you have to go to Paytm’s website.
After this you will get many insurance options from which you have to click on car insurance.
After this you have to fill in the details of your car like model, registration date, manufacture, all the information.
After this you can take the insurance you want.
If you have already taken a policy then you have to give its information.
After this you can use net banking, credit card or debit card to make payment.
After this you will receive your chosen policy.
Paytm Health Insurance
Health insurance is an insurance that is very beneficial for you. You must have health insurance. If you have to be hospitalized due to any disease or injury, then it can cost you a lot at that time, but if you have health insurance, then you can avoid that expense. If you suddenly fall ill and you have only two lakh rupees but the illness costs three lakh rupees, then your savings will also be used up and you will also have to borrow money, but if you already have a health insurance plan of Rs 5 lakh, then you can save all your money, all the hospital expenses will be borne by the health insurance company.
Types of Paytm Health Insurance Plans
Individual health plan
This scheme can be availed only on individual basis; only one person can avail the benefit of this service.
Family Plan
Under this, you can get your entire family insured. This includes you, your husband, wife, children and parents. If someone from your family falls ill, all the expenses will be borne by the insurance company.
Senior Plan
This scheme is only for those individuals who are 60 years of age or above.
Specific diseases
Under this scheme, treatment of specific diseases like cancer, diabetes, dengue, which are special types of diseases, are covered.
Hospital
This is a scheme under which you will get benefits even if you stay in the hospital for 24 hours or more.
Personal Accident
Personal accident plans cover death and disability. If you die suddenly or become disabled due to any reason, you will get the benefit of this plan.
Benefits of Paytm Health Insurance
Protection against high costs
In today’s time, medical cost has become very expensive and diseases have increased a lot. Today’s food habits are such that many diseases are spreading. With the help of health insurance, you can save the expenses incurred due to this.
Affordable cover
With the recent amendment, you are allowed to pay the premium in installments, making it even easier to get financial assistance at hospitalization.
Wide range of benefits
Health insurance plans come equipped with a range of benefits that cover all the expenses you incur during hospitalization.
Family Coverage
Under the Health Insurance Scheme, you can get health insurance for all the members of your family together. You will receive financial assistance under this scheme.
Different Scheme
There are various plans under the health insurance scheme, you should make sure which plan you want. Here you get every kind of financial security.
Benefit in savings
You can make huge savings on your medical expenses under a health insurance plan.
What is not covered under Paytm Health Insurance?
Pre-existing diseases are not covered in health insurance plans. They are not covered in the first two to four years and may be covered later.
Illnesses that occur immediately after purchasing the health insurance policy are not covered. These are diseases that occur within the first 30 or 90 days of purchasing the policy.
Treatment that is not medically necessary will not be covered.
Dental treatment will not be covered under the health insurance plan. If there is damage to the teeth as a result of an accident, then the treatment will be done.
Sexually transmitted diseases are not covered under the health insurance plan.
Illnesses caused by drug abuse will not be covered under it.
Experimental and unproven treatments will not be covered.
Self-inflicted injuries or injuries caused while attempting suicide will not be covered.
