The pandemic has given a significant boost to the digitalization of banking and online processing in India. From schools to courtrooms, everything is done online. People have begun to appreciate the value of having access to everything with access being one click away. The current need of the hour (and for many months to come) is for everyone to stay indoors and stop the spread of the virus. Citizens are following very strict guidelines when it comes to commuting and travelling, including bearing in mind the uncertainty of events and life. If anything unfortunate happens, insurance can help financially. It is important that policyholders renew their bike insurance policy regularly. In this pandemic, policyholders can check the status of their policy online and renew it online. Here are three ways to check the status of policies online:

Insurance Information Bureau

The Insurance Information Bureau protects the interests and secures fair treatment to policyholders. All details regarding insurance policies can be found on the Insurance Information Bureau (IIB) and policyholders can follow these steps to check the expiry date of the policy:

● Visit the official IIB website

● Find ‘Quick Links” and click ‘V Seva’

● A form will appear and which has to be filled

● Provide the ‘Captcha’ and click submit

● All details of the policies will appear

● Note that only details of policies bought after 1st April 2020 can be found

● Policyholders can also fill a query form after which an executive will assist the policyholder

VAHAN

The Ministry of Road and Transport and Highways maintains records of all vehicle insurance policies on VAHAN which is their official website. Policyholders can find details regarding their insurance on this portal. Follow these steps to check the expiry of your policy:

● Visit the VAHAN website

● Find ‘Know Your Details’ on the menu tab

● Provide details of the vehicle such as the vehicle number and verification number on the next page

● Click on ‘Search Vehicle’

● All details regarding the bike and the date of expiry will be provided under the ‘Insurance Upto’ column

Insurance Provider

Insurance providers maintain records of all policyholders and policies that are issued. Most insurance companies have the facility for policyholders to log in to their accounts. When a policyholder logs into their account on the official website, they can access details of their policy where the date of expiry will also be mentioned. All insurance companies have different a procedure but, by providing the policy number one can conveniently check the expiry of their policy

It is essential that everyone has insurance and it is more important to regularly renew it. If there is a policy lapse, policyholders will not avail any financial support or avail benefits of services. It is crucial for policyholders to regularly keep track of expiry dates. People can even buy policies online. To know more about how to buy a new policy and all available insurance policies,  click here!