Every business owner needs good bookkeeping to maximise their accounting performance. Proper bookkeeping can be used to track cash flow, inventory and even customer data, giving businesses the information they need to make smart decisions and reach their potential.
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Are you someone who delivers food on bikes? Did you know that you can take precautions against accidents to protect your finances?
Let’s discuss two wheeler insurance online and offline, for food delivery bikes in India.
You may already know that the word “insurance” refers to the financial protection that an insurer gives in exchange for a set premium. However, it only applies to damages or losses to two-wheelers when you have two wheeler insurance online or offline. Because of this, food delivery bikes are required to have two-wheeler insurance.
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In a recent incident in South Delhi, a person bought a secondhand car but didn’t finish the transfer of name process for the insurance policy. Later, the State Redressal of Consumer Complaint Forum denied him insurance coverage since, at the time of the accident, the name of the vehicle’s previous owner was included on the policy.
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