Liabilities Of Third Party In Motor Insurance - What Is Third Party Liability In Motor Insurance?

In this video, we have discussed the liabilities of third parties in motor insurance.

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#ThirdPartyMotorInsurance

▲ Liabilities of the third party in motor insurance-

▶ According to Section 146 of the Motor Vehicles Act, 1988, Third Party (TP) insurance is mandatory for you to be able to drive on Indian roads.

▶ On Indian roads, holding a third-party liability motor insurance cover is mandatory for all vehicle owners, whereas, having an own damage policy is not compulsory.

▶A motor vehicle third-party insurance is required by law to be insured in respect of the user's liability for death, bodily injury, or damage to property of a third party.

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Time Stamps:
▸ Liabilities of the third party in motor insurance-
According to Section 146: 0:06
On Indian roads: 0:17
A motor vehicle third-party: 0:30
For more information: 0:43
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