PANDEMIC A BOON FOR HEALTH, BANE FOR MOTOR INSURANCE
Insurance has always been a recommended instrument in financial planning. However, with the ensuing global pandemic, the importance of insurance Read more
A Certificate of Insurance must be carried in the vehicle as a proof of such insurance. For all vehicles registered with Regional Transport Authorities, third party insurance is compulsory as per Motor Vehicle Act. Third party liability is unlimited however, there is a statutory limit for Third party property damage of Rs. 6000/-.Legally, no motor vehicle is allowed to be driven on the road in India without valid insurance.
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