Motor Insurance Policy A or Third Party Policy or Act Only Policy or Liability Only Policy

Motor Insurance Policy A or Third Party Policy or Act Only Policy or Liability Only Policy covers only a vehicle owner's liabilities as a result of an accident that might cause injury, death, or damage or loss of property.

Apnainsurance.com Research Bureau

28 Nov 2007

The Act Only or Liability Only insurance policy covers the vehicle owner's legal liability for any compensation to be paid arising from any accident caused by the use of the vehicle. It covers:

  • Death or bodily injury to a third party person - The liability is covered for an unlimited amount in respect of death or injury by the car insurance.
  • Damage to third party property - Damage to third party property is covered for up to Rs. 1 lakh for private vehicles, scooters, and motor cycles and Rs.7.5 lakh for commercial vehicles.

See also:

Motor Insurance Policy B or Comprehensive Policy or Own Damage Losses Policy or Act Liability Policy

Should I purchase the Comprehensive Insurance policy or the Third Party Only policy?

Are there extensions that can be added to the Comprehensive policy?

Voluntary Deductibles and Compulsory Excesses

What are the risks covered by the Third Party policy?

What are the risks covered by the Comprehensive policy?

What are the different types of Personal Accident Covers available for drivers and passengers?

Motor Insurance FAQs on Claims

Motor Insurance FAQs on Coverage

Motor Insurance FAQs on Cost, Premiums, Bonus, Discounts, Renewals




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