Tag: Motor Insurance

Do I Really need Motor Insurance?

According to the Supreme Court Committee on Road Safety, in 2017, about1.4 lakh people died in road accidents in India. This is quite a shocking statistic. It is also a key reason why a motor insurance policy is mandatory when…

Third-Party Motor Insurance – Mandatory

The Motor Vehicles Act makes Motor third-party insurance mandatory for all vehicles plying on Indian roads and has to cover liability arising from third-party claims due to accidents.  Third party motor insurance covers the liability from damage in the form…

Motor Insurance in India

  Motor Insurance gives protection to the vehicle owner against the damage to his/her vehicle and pays for any third party liability determined as per law against the owner of the vehicle. Driving a motor vehicle without insurance in a…