It includes newly bought cars temporary substitute vehicles cars you are using but dont own etc.

What does 3rd party insurance cover. It is referred to as a third-party cover since the beneficiary of the policy is someone other than the two parties involved in the contract the car owner and the insurance company. Under a third-party policy the insurer covers the liabilities in case the policyholder is responsible for any injury or loss to a third party. However it covers the insureds legal liability for deathdisability of third-party loss or damage to the third-party property.

So in such cases third-party insurance will provide medical coverage to the victim no matter how severe the injuries may be. It usually doesnt cover bodily injury thats caused to another road user during an accident. The insured person is termed as first party the insurer or the insurance provider is termed as second party and the person who is.

Limit Liability for Bodily Injury or Death over CTPL Limit to 2000000 BahtEach Person. Third-party insurance covers an individual or firm against a loss caused by some third-party. Third-party liability coverage is the portion of an insurance policy that protects you if youre sued or threatened to be sued for a physical injury or damage to someone elses property.

At times car accidents can lead to the physical disability of a third party. What does third-party liability car insurance cover. Your third-party insurance would cover the cost of the other persons car and medical expenses.

The policy does not provide any benefit to the insured. The victim might need to undergo critical surgeries. An example is automobile insurance that will indemnify.

In legal-speak the Compulsory Third Party CTP insurance which is part of every WA motor vehicle registration covers unlimited liability for personal injury caused by through or in connection with directly driving the insured motor vehicle in incidents to which the Motor Vehicle Third Party Insurance Act 1943 applies. That means the CTP insurance you select when you register your car would pay for another. So this is usually the other driver involved in an accident.