Monday 26 November 2012

Insurance to shield you against damage or loss to your bike

By Mary Nebotakis


As a motorbike fan you understand the importance of taking care of your motorbike. You are spot on with your ordinary upkeep schedule. And never miss a cut and polish on your pristine paint job. You place a value on your ride, as it takes care of you. It is your ticket to freedom. And with the worth you place on it the last thing you want to contemplate is its loss. Limit monetary risks with all-inclusive bike insurance coverage. You'll be able to ride simple, knowing you and your bike are fully protected.

Limit exposure to an inadequacy gap with the right bike insurance

In the eventuality of accidental damage or loss, all-inclusive insurance cover keeps you protected. But what if your bicycle is written off? And your insurance claim does not cover the whole amount left on your motorcycle loan? You could be left carrying the bag. Exposed to a money shortfall and loss of your cycle. Here's where deficit opening insurance hits the mark. It acts as a Kevlar shield against any insufficiency costs left on your cycle loan.

Whether you ride a road cruiser or the newest KTM you might be in danger of a deficit opening. Assets depreciate as soon as they leave the showroom. So you might find the price you place on your motorcycle may be a lot higher than your insurance agency decides. And your finance may be higher than your bike's worth from the offset due to administration expenses. Costs such as on-road fees, registration, dealer delivery or perhaps stamp duty are often included in your bicycle loan. Therefore in the event of the inconceivable you might get left financially exposed. So deficiency gap insurance leaves nothing to chance.

Shortfall gap insurance not only offers assurance, but benefits such as:

- Protection up to $20,000
- Flexible cover to match your present position
- Options to access funds for the cost of replacing your bicycle
- Credit and fiscal rating protection if your bike is 'written off '
- Once-off premium payment to protect you for the concluded loan duration
- Insufficiency gap insurance costs included in your cycle loan

Brokering deficit gap insurance for your cycle

Remove any doubt around your bike's insurance cover by engaging the pros. Natloans brokers have been shielding bike enthusiasts with the right insurance options for more than a decade. With access to hundreds of different products from reputable providers. You will be led towards the best insurance product for your present position. So do not risk exposure. Protect your bike and your financial affairs with the right deficit opening insurance.




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