Third party insurance is the kind of insurance that protects you against any legal liability,
accidental liability, or property damage in case of an unfortunate event. Additionally, this policy
also covers medical expenses in case a third party is injured in an accident or dies.
How it works;
In an event that you have been involved in an accident, you contact the insurance company
through their customer care number and inform them of the damage who have caused.
In retaliation, the third party insurance company is expected to arrange for your vehicle to be taken to the nearest garage then you can make a claim during which you will have to submit a number of
The duly signed claim form, a copy of the driving license, first information report (FIR) copy,
copy of the registration certificate (RC) and policy documents. Why you should get it;
It covers your legal coverage and financial assistance. In case of injury caused to a third party at
the time when the accident occurs, the insurance policy covers whatever damage has been
caused to them.
Once you are faced with such a situation, having this third party insurance policy will grant you peace of mind. This is because whatever expenditure you are meant to be faced with shall be covered
including the third party that was involved when the accident occurred.
Also, the process of acquiring the third party insurance is short. It is one that you can acquire
online as long as it matches your expectations and is convenient for your needs. Therefore, you
can acquire it anywhere, anytime as long as you are ready to get it.
Since it is mandatory to acquire third party insurance, you may wonder why you need to pay for
it and that’s the essence of today’s article. To not only share the importance of third party
insurance but to encourage you to keep paying for it.