Lifan Bike Is Giving 70,000 Insurance On Accident loss

Arif Raihan opu
January 2, 2020

Rasel Industries Limited is the solo distributor of Lifan Motorcycles in Bangladesh. They are very popular  Lifan KPR series sports motorcycle. Now Lifan Motorcycle is giving up to 70,000/- BDT insurance coverage on motorcycle accidental damages.

lifan motorcycle insurance coverage

This is a great initiative for Bangladeshi bikers. Lifan for the first time came up with this. It will help the bikers to ensure their riding safety and if anything happens while riding he will get damages coverage. This opportunity is valid only for new buyers who want to buy a brand new Lifan motorcycle. Below are some of the terms & conditons.


Up to BDT 50,000 total yearly coverage for Accidental Hospitalizations/Emergency Treatments as per the following table below:

Type of Accidental Hospitalization/ Emergency TreatmentMaximum benefit amount
Severe Head Injuries50,000 BDT
Chest Injuries, broken ribs/internal injuries etc.25,000 BDT
Fractures, Dislocation, Scrapes and Cuts12,500 BDT
Soft tissue injuries5,000 BDT
  • Up to BDT 10,000 total yearly coverage for Accidental Damages to the Motorcycle, claimable up to 2 times during the coverage period, maximum BDT 5,000 per claim.
  • BDT 10,000 coverage for Accidental Death.


  • This offer is valid from 1st January 2020 until further notice from Rasel Industries Limited.
  • Customers must purchase the motorcycles from any approved dealers of Rasel Industries (including e-commerce sales).
  • Coverage for Accidental Hospitalizations/Emergency Treatments and Accidental Death shall be applicable for the owner of the motorcycle only.
  • Coverage for Accidental Damage to the motorcycle must be availed through Rasel Industries approved service centers and only damaged parts due to accidents shall be eligible for replacement under the coverage.
  • Claims must be placed to insurance company using their website and/or by calling to their hotline number.
  • Coverage duration is 365 days for all categories. Coverage for Accidental Hospitalizations/Emergency Treatments and Accidental Death shall start from the date of motorcycle purchase and coverage for Accidental Damage to the motorcycle shall start from the date of vehicle registration with applicable authorities.

lifan kpr 150 price in bangladesh

Motorcycle Price

Lifan KPR 165R Fi2,10,000 BDT
Lifan KPR 165R (Carburetor)1,99,900 BDT
Lifan KPR 1501,85,000 BDT
Lifan KPS 1501,75,000 BDT
Lifan KPT 1502,60,000 BDT
Lifan KP Mini1,55,000 BDT
Lifan Glint 10086,000 BDT
Victor R V100 Link86,000 BDT
Victor R V80 Xpress70,000 BDT

This is the first time that a motorcycle company is thinking about this kind of insurance coverage. It will help the biker to ride safely & even if things go wrong then they can use the support of the insurance company. For more details call Rasel Industries Limited Hotline number +8801714-033964.

We hope this will be a game-changer for Lifan Motorcycle and also motorcycle market. Let’s see what they will come up with other ideas and motorcycles. This is the beginning of the 2020 year a long way to go. Thank You.

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