What happens when I wish to renew my expired policy?
You can renew your expired policy, but it leads to loss of certain benefits. Here’s what will happen if you wish to renew your expired policy:
If you renew it online, then a bike check-up is not mandatory.
If you renew it offline, then you will have to take your bike to the nearest office of the lender, and get it inspected. The policy period will start after 3-4 days of making the payment.
If your policy has been expired for over 90 days, then you will be losing all the NCB benefits.