LETS TALK!

Let us call you back. Just share your number for a call back in less than 15 minutes

+91
We can’t proceed without your mobile number. Help us?
Sigh. We need the reason for call back to pick the right person for the job. Help us?
OR

Is it super urgent? Call us on our Toll Free numbers

BTW, we respond to email queries with lightening fast speed. Send email instead?

THANK YOU FOR CHOOSING COVERFOX!

Someone from the team will get back to you ASAP!

HAVE AN AMAZING DAY!

Oh! Just in case you still need our Toll free

1800 209 9970
Also schedule a callback Also send an email
THANKS!

Your Claim Assistance request has been registered with us.

We will contact you before 11am tomorrow.

If its an emergency, for immediate assistance please feel free to contact our Customer Support Unit on 1800 209 9970

What Is Covered Under Third Party Car Insurance Policy?

Third Party Motor Insurance is unavoidable if you must drive on Indian roads. Let’s discover what it actually covers.

image title

A third party car insurance covers the insurer against any damage or legal liability caused to a person or property other than the one insured. It acts as a cover on behalf of the insured person. The Motor Vehicle Act, 1988, makes third party liability cover as mandatory for all vehicles running on the streets.

Under the third party insurance cover the insurer agrees to indemnify the insured person, in case he is sued or held responsible legally for any injuries or damage done to the third party. The person insured is referred to as first party, the insurer or insurance company is called the second party and the person the insured injured or who claims damage is third party.

Any vehicle owner, whose vehicle is registered with the Regional Transport Authority, can avail the third party insurance cover. As it acts solely on the third person, it is also referred to as an ‘Act-Only’ insurance cover.

There are a number of things that are covered under third party car insurance, they are listed as following:

  • Claims for injuries

    It is unknown as of how much injuries might be inflicted by an accident. A third party cover acts as a shield to the insured person, as it helps bear the cost of the third party’s injuries. From tiny injuries to severe fractures, a third party cover covers all. The medical bills of the third party are covered under the insurance plan and the vehicle owner is saved from the trouble and expenses.

  • Partial disability

    For any injuries sustained during an accident, or a seemingly partial disability, the third party insurance covers the compensation and medical expenses for the same. At a crucial time where the vehicle owner might not be himself in the state to assist the injured person, the insurance comes to use effectively.

  • Permanent total disability

    Other than fractures, or partial disability if the third party receives a partial or permanent total disability, like paralysis of the limbs or loss of bodily parts in the state of the accident, the insurance company holds the compensation of the loss for the person. Though the loss of the functioning of the body cannot be restored, compensation definitely acts of some help.

  • Death

    In case of a severe accident, where a third person might even lose his life, the third party insurance also provides death compensation. The coverage is unlimited and widely depends on the factors like the earning capacity of the affected and the impact on the family, etc.

  • Property damage

    In the course of an accident if some property is damaged, the vehicle owner has less to fear if he is insured against the third party. The insurer shall pay for the third party’s losses and walk the insurer out of it safe and sound. Third party property damages are covered up to a sum of Rs.750,000. Insured has option to restrict coverage for Third Party Property damage to Rs.6,000 whereby there will be reduction in "Liability Only" premium.

Even though it is a mandate to armor yourself with at least the Third Party insurance plan, it arranges for superior respite to the vehicle owner in case of any out of the blue disaster.

Get lowest quotes for Car Insurance

Avail upto 60% discount on Premium.

Please enter a valid phone number
Thanks! We will get back to you soon.

I hereby authorize Coverfox to communicate with me on the given number for my Insurance needs. I am aware that this authorization will override my registry under NDNC.

Meeta Sabnis
Written by Meeta Sabnis
Her mantra in life is to dream, and dream until you turn them into reality. A neurotic Kajol fan, Meeta loves spending time with her gorgeous twins, ensuring a childhood they’ll be proud of. Bargain hunting, crazy dancing and romancing alphabets are some of her other cravings. She’s currently a Content Writer at Coverfox.

Spread the love!