< Back

Motor

Endorsement-in-bike-insurance

Your bike's insurance policy is one of the integral pieces of documentation necessary for your bike's safety on the road. However, the bike insurance policy might have incorrect information or details that need to be changed. You can do so by applying for an endorsement process for your two-wheeler.

What is an endorsement?

The endorsement process is the mechanism through which you are given the option to make adjustments to your two-wheeler insurance policy. It can also be the alterations you wish to make to your personal or vehicle information or the extent of coverage available. Therefore, you endorse your policy to rectify mistakes or errors that could be found in the tbike insurance policy document.

Different forms of bike insurance endorsement

There are various forms of endorsement: addition, transfer, and rectification.

A policyholder can alter or make rectifications of the information in the document.

• Rectification or alteration of the owner's name, address, contact number, or email address.
• Correction in the number of the engine or the year of manufacture of the vehicle
• Editing or altering the registration number of the two-wheeler
• Editing or changing the model of the vehicle
• Rectification of the engine cubic capacity of the vehicle
• Correction of the premium amount, Insured Declared Value (IDV), No Claim Bonus (NCB) details of the basic coverage insurance policy.

A policyholder can also add or increase some information in their bike insurance documentation.

• Addition or increase in the voluntary deductible, add-on covers to the policy
• Transfer of the ownership of the vehicle
• Inclusion, rectification as well as alterations of the nominee details of the owner
• Inclusion of anti-theft devices or some other electrical addition

Validity of an endorsement insurance:

The validity of endorsement insurance is the same as that of the policy period of your vehicle. However, it largely depends on the type of policy and the terms and conditions of the bike insurance policy you have purchased. The bike insurance endorsement that is approved is valid till the policy expiry date or till you request a new endorsement and it gets approved.

Steps to be followed for the bike insurance endorsement process:

The steps are not at all complicated and can be performed easily.

• As the first step, you must contact your insurance company and know the method in detail. 
• Share with it all the details regarding your policy and documents to support the authenticity of insurance policy changes. In case of doubt, contact your insurance provider.
• For the shift to biofuel, you must submit the two-wheeler's Registration Certificate (RC) Photocopy.
• A photocopy of the vehicle’s original purchase invoice and that RC is needed for the cover change.
• For Nominee modification, there is no need for documents.
• As this gets submitted, the endorsement insurance process will initiate.
• In case of approval, you will receive the endorsement cervical as the document recording the demanded changes.
• You will receive your policy document with the alterations soon.

Conclusion

While there are no restrictions to the number of times you can apply for an endorsement, it is advisable to restrict it to once or twice a year to avoid confusion in the recording. Remember, endorsement can increase or decrease your insurance premium. However, it is necessary to ensure all details are correct in the policy documents.

Disclaimer: The content provided is for education and informational purpose only, none of the information contained in our blog amounts to any form of opinion or advice. Please go through policy related documents carefully or consult an expert before making any insurance-related decisions.

RELATED ARTICLES

Car Insurance Benefits

Motor

Benefits of car insurance

A car insurance can help you offset substantial financial loss that you may incur because of damage caused to your car

Add-on covers for Car Insurance

Motor

Must have Add On Covers for Car Insurance

A basic comprehensive car insurance covers damage to car, 3rd party liability and theft & loss of vehicle.

Car insurance

Motor

Right time to buy vehicle insurance

Buying a vehicle insurance is an important decision and you need to ensure that you make a timely purchase of vehicle insurance

know-how-car-insurance-premium-is-calculatedcde

Motor

Know How Car Insurance Premium Is Calculated

Car insurance premium calculation is based on various important factors. Learn about these factors.

rules-to-follow-for-safe-driving-th

Motor

Rules to follow for safe driving

Know About The Important Road Safety Rules To Follow

 

 

significance-of-a-motor-vehicle-insurance-policy

Motor

Significance of a motor vehicle insurance policy

Apart from financial security, know in what all ways a motor insurance policy is significant.

maintenance-tips-for-car-engine

Motor

Maintenance tips for car engine

Follow these maintenance tips and buy a car insurance with engine protection cover to keep engine secure.

Monsoon Tips Car

Motor

Monsoon Tips for Car

Simple tips to help you stay safe and keep your car moving ahead during monsoon.

What is Zero Depreciation Cover

Motor

What is Zero Depreciation Cover

Read on to understand what is zero depreciation car insurance cover and how it works.

Questions Regarding Motor Insurance Policies

Motor

Questions Regarding Motor Insurance Policies

Essential questions answered about motor insurance policies in India.