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WebDriving your car without at least a third party car insurance policy can get you penalised with a fine of Rs. 2,000 and/or imprisonment of up to 3 months. Types of Insurance Cover 1. Third Party Cover. Third party insurance is a compulsory cover to own. WebThird-party car insurance. Under the Motor Vehicles Act, 1988, third party car insurance is mandatory for all vehicles. A third-party car insurance policy covers you against the financial losses or expenses that you will … high time weed detox
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WebMar 1, 2024 · First Party – first party is the one buying the car insurance policy on his/her car. Second Party – second party is the insurance company that offers cover against … WebPrivate Car Insurance Policy - Package. 6697 Cashless Garages. Motor Claim Settlement Ratio 98% *. Strong Technical Team of about 300+ SBIG Members. & 750+ Empaneled Surveyors, Claims Team spread. across 100+ locations in PAN India. Claim Intimation, Status Tracking & Document. Submission through Mobile App & WhatsApp. WebSep 22, 2024 · Since the first party is the policyholder himself/herself, a first party car insurance refers to the personal accident cover. All car owners are compulsorily required to have a personal accident (PA) cover of up to Rs. 15 lakh, however, to buy it with a car insurance policy or separately is a choice of the car owner. how many earthworms are on earth