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Hello, friends! Today, we are going to demonstrate something brand-new. The topic at hand is how to protect online bicycles while sitting at home. We will discuss the benefits of doing so as well as the steps involved in protecting and protecting online instructional exercise bicycles through Paytm.
The Paytm app must first be downloaded and installed from the Play Store. After that, you have to open the app and enter the primary mobile number that is registered with your bank. After that, an OTP that needs to be verified will appear. After that, you’ll need a PAN and an Aadhar card. The card is required for KYC confirmation, but you can also do it online, at home, or offline if you prefer. You can now access the section on bike insurance after the verification is completed by adding your bank account and generating the PIN. There, you’ll be asked to enter the number of your bike. It will then display all of your information, including your chassis number, address, and name as the owner. You will receive a basic insurance plan when you press the next button. It will resemble compressive insurance, second-party insurance, and third-party insurance. You can now purchase any plan, and even if you choose a premium plan, you’ll get more benefits. Your work will be finished when you use the option to pay, and you can keep the PDF copy of the printed document.
The advantage of bicycle security.
1. There are many benefits to having bike insurance, one of which is paying out money to the family of the deceased in the event of an accident.
2. If you choose a premium plan, the person who will be riding with you will also be compensated by the bike insurance company.
3. The accident’s damage to the bike is covered by the bike’s insurance company. The insurance company will pay you 80% of the value of the old bike, which you can use to purchase a new one.
4. The cost of replacing your bike after it is damaged by a natural disaster is covered by your insurance.
5. The insurance company will compensate you if your bicycle burns down, you or another person set it ablaze, or you cause damage to the vehicle.
6. If you hit another person while riding your bike and caused their death, the insurance company will pay the family of the deceased person.