What are the risks covered by the Third Party policy?

The risks covered by the Third Party policy include death or injury to a third party and damage to third party property.

Apnainsurance.com Research Bureau

28 Nov 2007

The Third Party car insurance policy covers a vehicle owner's legal liability for any compensation to be paid arising from any accident caused by the use of the vehicle. These include:

Death or bodily injury to a third party person
Damage to third party property

The liability is covered for an unlimited amount in case of death or injury. Damage to third party property is covered by the insurance policy as follows - up to Rs. 1 lakh for private vehicles, scooters, and motorcycles and up to Rs.7.5 lakh for commercial vehicles.

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