In
order to protect personal belongings and assets, people take various insurance
policies from numerous companies all over the world. In case of theft or damage
to these assets, you can claim the amount loss from insurance companies. In
India, every year, thousands of cars, vehicles and bikes are sold. Mostly sale
is made by the banks in the country where insurance policy is the mandatory
requirement with the sale.
Due to
travel requirements & traffic jams on road, there is a huge demand of bikes
among people. Due to this, a very sharp rise has been seen all over
India. Keeping in view this, motor bike manufacturing companies are
selling their bike on easy installment basis without asking a lot of documents.
Only requirement is Aadhar which needs to be link with your bike details.
As you
know that Aadhar is a very important 12 digit unique number. This works as a
first point of interaction all over India for verifying your details. While
opening a bank account or buying a insurance policy, you need to give Aadhar.
However,
there are problems that people are facing due to not linking their Aadhar with
financial transactions. Often people complain the issue with Media. In this
regard, Supreme Court's verdict is a clear reference that allows 06 months
extension for linking Adhar with financial transactions such as Insurance
Policy.
How to Link Aadhar with
Bike Insurance
A
Government agency called Insurance Regulatory and Development Authority (IRDAI)
controls all the insurance companies in India. In its recent directive to
companies, it has made compulsory to link Aadhaar and PAN details to their
insurance policies.
Due to
rapid rise in the users of motor bike, there is a strong need that insurance
companies timely register bikes with Aadhar.
When
people purchase bikes, they hesitate to take insurance for their asset. But
keep in mind that it is a always better option to protect your assets from a
huge loss.
By
paying nominal amount of insurance premium, you can easily protect the cost of
the asset.
Indian
people who are buying insurance policies, according to law must
have to link with their Aadhar.
Benefits
for How to link Aadhar with bike insurance
You
can enjoy several benefits while linking your eaadhar with insurance such as:
1.
Your insurance for several bike will link to your Aadhar card. So, there is no
need to worry about this.
2. You
can avail subsidy from Government and tax credits while linking Aadhar with
insurance company.
3. You
can easily claim insurance claim. As your bike's insurance was linked with your
Aadhar, insurance company can easily verify your details and proceed the case.
