What is the difference between Minimum, Standard and Maximum IDV?

Minimum IDV: Premiums will be lower if you select this option. However, in case your bike is damaged beyond repair or gets stolen, you will get a lower payout.

Standard IDV: This plan provides a good balance between the IDV and the insured premium.

Maximum IDV: This option provides the maximum payout in case your bike is damaged beyond repair or gets stolen. However, the premiums you pay will be higher.