Benefits of 5years insurance
- One time payment for 5 year protection & No hassle of renewal
- Insurance of 5 years is for third party and 1 year for comprehensive risk
- No third party premium hike burden every year
- Worry free riding
Merits of insurance
- Lower cost of insurance in the long run
- No TP hike burden every year
- No risk of premium loading on Claims upto 3/5 yr
- No need to remember renewal dates
- Ride worry free