Package / First Party/Comprehensive Policy which takes care of loss or damage to insured vehicle due to accident, theft etc apart from third party liability as per Motor Vehicle Act T P Liability Policy which takes care of liability of insured for the third party injury/death or property damage caused by negligence . . . . . .
T P Liability Policy which takes care of liability of insured for the third party injury/death or property damage caused by negligence 2 Wheelers Private Car Commercial Vehicles Special purpose Miscellaneous vehicles like mobile canteen, ambulance, etc. Note: Two wheeler policies can be purchased for long term i.e. up to maximum of 3 years thus one can avail discount in premium, save oneself from possible increase in premium and also save oneself possible risk of running the vehicle without insurance thr’o
Package/First Party/Comprehensive Policy that covers the insured vehicle in the event of an accident, theft or vandalism apart from third-party responsibility as mandated by the Motor Vehicle Act.
Third-party injury/death/property damage caused by the insurer's negligence is covered by the T P Liability Policy.
Note: Two-wheeler coverage may be acquired for up to three years in advance, saving money on premiums and avoiding the danger of driving without insurance.