The Company Will Indemnify The Insured In The Event Of An Accident Caused By Or Arising Out Of The Use Of The Vehicle Against All Sums Which The Insured Shall Become Legally Liable To Pay
Accordingly Liability Insurance Cover Is Mandatory Cover For Vehicles. Liability Only Policy Not Only Covers Third Party Property Damage But Also Provides Cover For Death Or Bodily Injury To Third Par
Two Wheelers Are The Closest A Man Has Come To Surfing On The Roads Having Said That, Two Wheelers Also Carry Greater Risks Of Mishaps Simply Because They Are Lighter Than Cars More Exposed
Goods Carrying Third Party Insurance Is A Type Of Insurance Coverage Designed For Businesses Or Individuals Who Hire Third-Party Carriers To Transport Goods. This Insurance Protects Against Risks And Liabilities That May Arise During The Transportation Process.
Goods Carrying Comprehensive Insurance Is A Type Of Insurance That Provides Broad Coverage For Goods During Transportation. It Covers A Wide Range Of Risks That Could Affect The Goods Being Transported, Offering Protection To The Shipper Or Business Owner From Losses, Damages, Or Theft That May Occur During Transit.
The Insured Vehicle Will Be Secured Against The Following Financial Damages Arising From: The Death Of Or Physical Injury To Any Person Caused By The Insured Vehicle. The Damage To Third-Party Property Caused By The Use Of The Insured Vehicle
As Per The Motor Vehicles Act Of 1988, It Is Mandatory For All Commercial Vehicles To Have Insurance Coverage In India. Without This Insurance, You May Have To Pay Fines And Penalties. Commercial Vehicle Insurance Helps Protect A Business's Assets In Case Of An Accident Or Other Unexpected Event. This Helps Ensure The Continuity Of Operations And Minimises Financial Losses. This Insurance Can Be A Cost-Effective Solution As It Can Help Mitigate The Financial Impact Of An Accident Rather Than Having To Bear The Entire Cost Out Of Pocket. This Policy Typically Includes Liability Coverage, Which Can Help Cover The Costs Of Any Injuries Or Property Damage Caused By Accident Involving The Insured Vehicle. Apart From That, Your Policy Can Also Provide Personal Accident Coverage For The Driver And Owner Of The Vehicle.