About Motor Insurance in India
Lawfully, no motor vehicle is allowable to be driven on the road without valid insurance. For this reason, it is compulsory to get the vehicle insured. Motor insurance policies cover next to any loss or injure caused to the vehicle or its accessories due to the following natural and man made calamities.
Natural Calamities: Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide. Man made Calamities: Burglary, theft, riot, strike, spiteful act, and accident by external means, terrorist activity, and any damage in transit by road, rail, inland waterway, lift, elevator or air.
Motor insurance provides enforced personal accident cover for individual owners of the vehicle while driving. One can also opt for a personal accident cover for passengers and third party legal liability. Third party legal blame protects against legal liability arising due to accidental damages. It includes any permanent injury / death of a person and harm caused to the possessions.
