vehicle insurance|first party insurance| second and third party |comprehensive insurance in Telugu

vehicle insurance in india
1. FIRST PARTY INSURANCE.
2. SECOND PARTY INSURANCE.
3. THIRD PARTY INSURANCE.
4. COMPREHENSIVE INSURANCE/ STANDARD INSURANCE.

FIRST PARTY INSURANCE: means it is for the owner of the vehicle.
If you own a bike / vehicle it is for the benefit of the owner.
If any accident takes place then the insurance company ( second party) will provide the expenses for the treatment of the owner (insured=First party) or property’s damage/loss related ( bike/vehicle).

second party insurance
SECOND PARTY INSURANCE means the insurance company from where we will do the insurance of our bike/vehicle.

The company which provides us the insurance is the second party.

THIRD PARTY INSURANCE means here the insurance is for the benefit of the third person/ other person.
If any accident takes place and then your vehicle, other person’s vehicle and other person gets injured then the insurance company will provide the expenses for the treatment of the third person and for his property’s loss ( his vehicle) But it will not cover any benefits of the owner of the vehicle( First party)

. COMPREHENSIVE INSURANCE/ STANDARD INSURANCE.
COMPREHENSIVE INSURANCE (or) STANDARD INSURANCE means this type of insurance covers both for the benefits of First Party and also for Third party .
If any accident takes place then the insurance company ( second party) will provide the expenses for the treatment of the owner (insured=First party) or property related ( bike/vehicle), to the (third person/third party) and also to the third party’s property loss/damage.
This insurance will be expensive than the third party insurance.

Insurance is very important for the vehicles in our India.
So, please do the insurance to your vehicles and provide all the correct information while doing the insurance.
Never provide any false information regarding your vehicle or your details.

i handle the cases of civil and criminal matters from only Hyderabad location.
Civil matters like family related cases, property transfer cases,etc, i will give free legal advice and legal help for your queries.
industrial dispute matters, consumer forum cases,
in criminal matters like Bail, cheque bounce cases, etc, i will give free legal advice and legal help for your queries please do comment your question i will make video on that or i will reply to it.
videos of my channel are based on the Indian Law , Legal rights , employees related video on gratuity , law classes of LLB 3 years Degree course explained in telugu. Classes on law of contract.
Kinds of Gift deeds, Drafting of deeds , land registration process and details to know before the registration of land, mutation ,etc.,
For any legal advice and legal help in telugu you can mail me.

regards
sowjanya advocate
best advocate in Hyderabad
free legal advice online best lawyer in Hyderabad india