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They may be insured with the third-party bike insurance plan as it's a compulsory cover. However, in terms of own-damage cover, it varies from insurer to insurer. The Indian Motor Tariff gives a interval of 14 days from the date of the car’s sale to get the automobile insurance plan transferred from the earlier car owner’s name to your name. If you fail to get your automobile insurance plan transferred within 14 days, your car may have no valid insurance protection. Car insurance policy number is a singular eight to 10 digit quantity, given by your automotive insurance firm for the identification of your insurance account. It is mostly written on your insurance card or statements issued by the insurance company.

Term insurance supplies a assured demise benefit within the occasion of the dying of the policyholder inside the coverage term. The policyholder can avail the benefits of time period insurance in trade of the coverage premium. Every health insurance company offers you a free look period to grasp the policy terms and conditions.

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