We have become increasingly conscious of the need to be ensured throughout the years.

Insurance is helpful for everyone who wants to protect their family, property, or in the event of a medical emergency.

Many payment apps have taken up various insurance coverage for their consumers as digital wallets have evolved very fast in the last couple of years.

PhonePe is one of them. The payment app offers a variety of plans to its registered users.

People who use this app can get a variety of insurance benefits.

PhonePe is currently offering Life, Travel, Health, and Bike Insurance.

Bike insurance is required to protect your vehicle from unanticipated damages.

According to the Motor Vehicles Act of 1988, all motorcycles must have at least third-party insurance coverage.

Bike insurance can be of Third-party insurance or Own damage cover. 

Phonepe bike insurance premiums start at Rs 482 per year, which is reasonable.

You need to open the phone pay app, click the Insurance tab, and book your favorite bike insurance from the leading Insurance providers in India.

Is it more expensive to insure a hybrid or an electric vehicle?