Sentences with phrase «party motor insurance policies»

Long term third party motor insurance policies for commercial vehicles are still some time away.

Liability Only or Third - party Motor Insurance Policy is mandatory for all vehicles either private of commercial that ply on public roads in India.

Insurance Regulatory and Development Authority of India (Irda) had introduced long term third party motor insurance policy for two - wheelers with a three - year term in late 2014.

Not exact matches

Insurance Broking, including brokers» duties to clients on preparation of proposals, notification of insured events and other communications with underwriters; Underwriting decisions; Reports for insured parties and underwriters in cases where underwriters are seeking to avoid a policy; Disputes between insurers and reinsurers; and Personal insurance cover, including life and health insurance, residential property, PPI and motoInsurance Broking, including brokers» duties to clients on preparation of proposals, notification of insured events and other communications with underwriters; Underwriting decisions; Reports for insured parties and underwriters in cases where underwriters are seeking to avoid a policy; Disputes between insurers and reinsurers; and Personal insurance cover, including life and health insurance, residential property, PPI and motoinsurance cover, including life and health insurance, residential property, PPI and motoinsurance, residential property, PPI and motor claims.

The law that applies is Section 143 of the Road Traffic Act, which specifies that «a person must not use a motor vehicle... unless there is in force... a policy of insurance that complies with the requirements of this Part of this Act» (unless you provide your own third party insurance by depositing a large sum with the Court Funds Office: I do not believe this has ever been done).

If the plaintiff is not a named insured, state the reason why this person is considered an insured under the policy (for example, a «dependent relative» under the OPCF 44R or a person who had consent to drive the vehicle involved in the motor vehicle accident)-- it is important to note that an insurance contract is between two parties.

Also since third party liability Motor Insurance Policies are not heavily incentivised, agents are not motivated to sell or renew for that matter!

But accelerated underwriting gets around this by drawing from a lot of third party sources, like prescription checks and motor vehicle reports, to put together a comprehensive picture of your health and provide a policy that's the same low price as a standard term life insurance policy but with a much faster application process..

Thus, many genuine claimants of third party liability does not get adequate claim because more than 30 % to 35 % of the four - wheelers and 70 % of two - wheelers in India do not have a valid Motor Insurance Policies, especially in smaller cities and towns.

«Higher sales (of motor third - party insurance policies) are not determined only by rate increases.

Third party liability is a motor insurance policy that doesn't cover your vehicle against any accidental damage or theft.

A third party insurance is a policy under which the insurance company provides cover for motor vehicles for injuries or damage done to a third party.

As per the guidelines, the declined risk pool would apply to commercial vehicles for standalone third - party liability insurance and no comprehensive motor insurance policy can be settled from the pool.

Recently, Irda introduced long term motor third party insurance policy for two wheelers with a three year term.

Bajaj Allianz motor insurance policy will protect against physical damage, accidental injury, death, co-passenger injury, death and property loss of the third party.

Therefore it is always worth comparing motor insurance premiums because you can sometimes find a comprehensive policy with one insurer that costs less than a third party policy with another.

Like all other types of motor insurance plans, National two wheeler insurance policies also offer both third party liability coverage and comprehensive coverage.

The Motor Vehicle Act, 1961 has made it mandatory for every motor vehicle to have a valid insurance policy or third party insurance at the very lMotor Vehicle Act, 1961 has made it mandatory for every motor vehicle to have a valid insurance policy or third party insurance at the very lmotor vehicle to have a valid insurance policy or third party insurance at the very least.

There are basically two types of motor insurance policies, i.e. Third - Party Insurance Policy and Comprehensive Car Insurancinsurance policies, i.e. Third - Party Insurance Policy and Comprehensive Car InsurancInsurance Policy and Comprehensive Car InsuranceInsurance Policy.

The inclusion of third party motor damage and own motor damage in the comprehensive insurance policy for two wheelers will make it an expens... read more

The inclusion of third party motor damage and own motor damage in the comprehensive insurance policy for two wheelers will make it an expensive affair with premiums set to rise by 2.5 times on an annual basis.

There are two parts which make your comprehensive motor insurance policy — own damage component and third - party cover.

Also, a valid motor insurance policy eliminates the chances of any legal liability arising out of a mishap, such as an accident causing injuries or damages to a third party.

Moreover, most businesses renew in April, and property, fire, and third - party motor insurance premiums undergo correction to improve the sales of the policies in the upcoming fiscal year.»

Usually, a motor insurance policy provides two covers, Own - damage and Third Party cover.

The inclusion of third party motor damage and own motor damage in the comprehensive insurance policy for two wheelers will make it an expensive affairRead More

For finalizing the third - party motor insurance premium in April this year, Insurance Information Bureau has provided data of underwriting years 2007 - 008 to 2012 - 13 for number of claims reported and cleared, number of policies up to March insurance premium in April this year, Insurance Information Bureau has provided data of underwriting years 2007 - 008 to 2012 - 13 for number of claims reported and cleared, number of policies up to March Insurance Information Bureau has provided data of underwriting years 2007 - 008 to 2012 - 13 for number of claims reported and cleared, number of policies up to March 31, 2013.

Package cover or comprehensive Motor Insurance Policy is better as it provides complete cover i.e. it covers third party coverage as well as damage or loss to one's own vehicle, self or co - passenger.

In a major relief to two - wheeler owners, the Insurance Regulatory and Development Authority (Irda) has introduced long - term motor third - party insurance policy with a three - yInsurance Regulatory and Development Authority (Irda) has introduced long - term motor third - party insurance policy with a three - yinsurance policy with a three - year term.

Third party insurance is a mandatory clause in the motor insurance policy which compensates damages to the other party vehicle but comprehensive insurance policy covers risk to your own vehicle including damage to the other party vehicle and property.

The insurance company must submit this form for you to the appropriate parties, such as the Department of Motor Vehicles, and is also responsible for reporting any cancellation or termination of said policy.

Irda has introduced long - term motor third - party insurance policy for two - wheelers, with a three - year term

Liability Only - Motor Insurance Policy covers your legal liability towards third parties for bodily injury, death and property damage from any accident involving your vehicle.

Reduction in premiums for motor vehicle liability, first - party medical, and collision coverages for certain named drivers (a) For each personal or family - type policy of private passenger motor vehicle insurance issued or issued for delivery in this state, there shall be offered by the insurer a reduction of not less than 10 percent in premiums for motor vehicle liability, first - party medical, and collision coverages to the policyholder if all named drivers, as listed or who should be listed on the policy application or provided in information subsequent to such application, of each motor vehicle covered by such policy satisfy the requirements of subsection (b) or subsection (c), as applicable, of this Code section.

HDFC ERGO's Motor Liability Only Insurance policy provides cover towards third party liabilities for bodily injury, disability and / or property damage at the fault of your vehicle.

By buying this motor insurance policy, you can avail third party liability cover along with the cover for your two whee... Read more

This motor insurance policy provides third party liability cover along with the cover for your two wheeler against the... Read more

By buying this motor insurance policy, you can avail third party liability cover along with the cover for your two wheeler against the loss or damage arising from the covered perils.

With this motor insurance policy, you are covered against the bodily injury, death or property damage caused to any third parties on your fault.

Comprehensive Policy: This motor vehicle insurance provides cover for third party liability plus own - damage cover.

Long Term Two Wheeler Insurance Policy provides complete cover against third party liability as mandatory under Motor Vehicles Act.

This motor insurance policy provides you with Third Party Liability cover plus covers any loss or damage to the your veh... Read more

This motor insurance policy provides you with Third Party Liability cover plus covers any loss or damage to the your vehicle.

This motor insurance policy covers you against the third party liability plus insures your vehicle against the loss or damage arising from the covered perils.