What is Personal Accident Insurance In Bike Insurance

What is PA Cover in Bike Insurance?

PA or Personal Accident cover in bike insurance is a mandatory plan as per the regulations of the Government of India. This cover offers financial protection to the bike owner in case of an accident. It covers serious injuries, permanent disability, or even death due to a road accident relating to the rider. The standard coverage amount under the PA cover for the accident is 15 lakh per policy.

Benefits of PA Cover in Bike Insurance

Here are some of the major benefits of personal accident cover:

Covers Accidental Death: Provides financial support to your family in case of accidental death. It covers expenses relating to treatment, hospitalization, and surgeries.

Helps with Disability: Gives you a fixed amount of money if you get seriously hurt or disabled in an accident. The compensation amount depends on the severity of disability.

Affordable and essential: This personal accident coverage provides peace of mind at a suitable premium based on your affordability.

Legal Requirement: PA Cover is mandatory under the regulations of the Insurance Regulatory and Development Authority of India. So, it secures you against any legal liabilities as well.

Inclusions of PA Cover in Bike Insurance

Personal Accident cover in bike insurance includes the following expenses:

• Permanent Total disability
• Accidental death

Exclusions of PA Cover in Bike Insurance

PA cover in bike insurance does not include the expenses related to the following:

• Injury due to drunk driving
• Injury or death caused to the other party
• Damage outside the mentioned geographical area.

Steps to Purchase Personal Accident Cover in Bike Insurance

To buy a PA cover for your bike, you need to follow the given steps:

1. Visit website

Visit the official website of Square Insurance by clicking on the given link www.squareinsurance.in

2. Go to the “Two-wheeler insurance” Option

Click on the “Buy Two-wheeler insurance” option and then proceed by clicking on “View Plan” by entering your registration number. If you have a new bike, then click on “Got a New Wheeler”.

3. Provide Bike Details

Now, you have to enter details of your bike, such as the model number, brand, registration year, variant, and fuel type, on the website.

4. Compare Plan

Select the “third-party insurance plan” option, and then you will get a quote for third-party insurance. Select the “Personal Accident Cover” option.

5. Select Plan

After going through the bike insurance quote, select a suitable plan to buy based on your preference and affordability. Remember to consider Personal Accident Cover while finalising your choice.

6. Mention Owner’s Details

Now, you have to enter all the details relating to yourself (the bike’s owner), including name, gender, date of birth, address, e-mail, and contact number. Then, upload the necessary documents such as registration certificate, driving license, Aadhar card, PAN card, and photograph.

7. Make Payment

Finally, pay for the personal accident cover by your preferred mode of payment (debit, credit card, or UPI). After paying the amount, you will get your cover plan details on your registered email.

Conclusion

Bike rides are convenient. But they also come with a risk, which can be reduced by a good insurance plan that suits your needs and budget. That’s why Personal Accident cover got mandated by the IRDAI to reduce the financial burden that accidents can bring to the insured or their family. PA Cover gives you peace of mind and lets you enjoy the ride, knowing you're protected.

To get a resolution for any of your queries relating to personal accident cover, feel free to contact us through call or email. Our dedicated customer care service is available 24*7 for your assistance.