Learn how to protect your family after being involved in an accident that results in death, as well as what to do in order to receive benefits for the beneficiaries.
All types of motorcycle insurance (type 1, 2, and 3) offer additional coverage in the event of the driver’s death as a result of an accident. Typically, the insurance follows the motorbike, not the driver. This means that if you let someone else ride your bike and they get in an accident, your insurance company will likely cover the loss.
This coverage is beneficial if you are injured in an accident or if you pass away as a result of an accident while you’re driving. In this unfortunate event, your family receives a lump-sum payment from the insurer.
These are the differences that motorbike insurance types offer in case of an accident that causes the driver to pass away.
The insurance will not cover loss of driver is the accident is caused by one or more of the following:
Motorcbike drivers face a numerous of dangers on the lane, and they are more likely to be in an accident, resulting in serious injury or even death. Therefore, protection is always important.
Beneficiaries earn death benefits in a number of ways, but here’s how it works in general:
Obtain the protection you need and the peace of mind you deserve.
The following documents are required when filing a claim in case of loss of driver:
Receiving a settlement for death insurance is, for the most part, simple. However, the insurance company can reject your claim due to the following reasons: