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What is third party insurance meaning in hindi. Motor वहकल Act 2019 क तहत All Motor vehicles क लए Third Party Motor Insurance य Third Party Insurance. It refers to any person who gets affected by the actions of the first party while he is driving the insured car. 2 बम क परकर और उनक फयद Types of Insurance with Benefits in Hindi.

A third-party car insurance plan provides coverage against any legal liability arising out of injuries to a third-party when the policyholder is at fault. One has to buy third party liability cover for the mandated purpose under the law of motor vehicle act 1988. Third party liability is the mandatory insurance cover for your vehicle to be safe and secured.

Third-party car insurance offers cover against any legal liability to a third party caused when you are at fault. Among the two types of car insurance in India the third-party TP car cover serves to protect the insured from claims arising from a third party when the insured persons vehicle is at fault. Third Party Insurance.

The main purpose of a Third-Party car insurance is to cover you from losses and damages caused to a third-party due to your own car. An example is automobile insurance that will indemnify the insured if another driver causes damage to. This cover protects you against the loss and damage that occurred to the third party vehicle or property that causes someones death or injury due to your vehicle.

Third-Party Insurance Meaning In Hindi. Third-party insurance which is also sometimes referred to as act-only insurance is a statutory requirement for all vehicle owners as per the Motor Vehicle Act.

In such cases your third-party car insurance. It covers any damage or injury caused by the insured to another person or property. It covers damages and injuries caused by the insured vehicle to a third-party person or property.