Third Party Car Insurance Online Payment
Third party liability cover third party cover is compulsory for the vehicle under the motor vehicles act 1988.
Third party car insurance online payment - Comprehensive car insurance policies offer compensation for damage caused to the insured vehicle as well as the injury death of a third party. Receive all the essentials and confidence that come with our standard third party insurance plus cover for fire and theft which includes emergency repairs if your car s stolen or damaged by fire. A third party car insurance is a four wheeler insurance policy that provides financial protection to the insured car s owner against any loss or damage to some third party which can be another person or another person s property.
As per the motor vehicles act 1988 section 146 plying an uninsured vehicle on indian roads is an offence. Third party car insurance online. Third party property damage car insurance covers damage you cause to other people s vehicles and property while behind the wheel.
A seller offers a good or service and a buyer uses a credit card entered through the. Apply get online quote now. This policy does not provide any benefit to the policyholder.
It s different from compulsory third party insurance such as ctp in sa or green slip in nsw which just covers costs related to injuries caused in a motor vehicle accident for which you re liable. No our third party property damage car insurance covers other people s vehicles and property in the event of damage caused by the use of your car. Paypal is one good example of an online payment portal that acts as a third party in a retail transaction.
Third party liability car insurance. The insured person is first party insurance company is second party and the individual the policyholder has injured is the third party. Third party property damage insurance plus extra cover for fire and theft.
The third party car insurance plan offers compensation for injury death of a third party as decided by a court of law and third party property damage up to rs 7 5 lakh. Buy renew 3rd party car insurance online at bajaj finserv. If you buy third party car insurance you ll still need to register your car and if you live in nsw qld sa or act purchase separate ctp insurance which is known as green slip in nsw.
According to the motor vehicle act 1988 it is mandatory to have at least a third.