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Third Party

Two Wheeler/ Third Party Insurance

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Two Wheeler/ Third Party Insurance

A third party insurance policy offers coverage for any bodily injury to third party or any damage to the third party property. In event of an accident claims can be raised by the third party for damages, therefore having a third party insurance plan protects you from such costs. It is also mandatory under the Motor Vehicle Act 1988 that all the drivers on the road need to have valid third party insurance at all times.

How does third party insurance work

First party is the insured person, second person is the insurance company and the third person is the victim. In event of an accident, if the third party feels that you are responsible for the damage he/she has suffered, then they might raise a claim against you. If you are having third party insurance policy then insurance company provides coverage against the financial liabilities.

What's included?

Personal Accident Cover

We consider customers as our top priority and hence offer a compulsory personal accident cover for 15 lacs to safeguard you against untoward medical emergencies.

Third Party Liability Person

Third-Party Liability Person

Did your vehicle cause injuries to another person? Worry not! Your third-party insurance coverage offers coverage to all your liabilities related to the medical needs of a third party.

Third-Party Property Damage

Did you accidentally collide with another person's property? If yes, do not worry as we cover up to Rs. 7.5 lacs towards third party property damages.

What's not included?

Contractual Liabilities

We offer an all round cover for your two wheeler, however contractual liabilities remain out of coverage for this policy.

War & Nuclear Risks
War can be disastrous and leaves a lasting impact, however any damage caused to third party person or property because of war & nuclear risks remains uncovered.

Limitations as to use

We highly regret for not covering any claims if your two wheeler has been involved in speed testing, organized racing etc.

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