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26th March 2016, 09:27 AM
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Types Of Car Insurance In India
How many types of car insurance are there offering by various organization in India for that wil you please get the information?
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#2
26th March 2016, 09:27 AM
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Re: Types Of Car Insurance In India
Feel free buddy I will tell you types of car insurance offering by various organization in India to there customer so that youc can have idea about them. In India private car insurance is quickest grower as far as the automobile insurance sector is concerned. It is obligatory for all new car owners to get them insured and the third party insurance policies. The premium normally depends on the worth and structure of the car, the year when it was made, and the area where the car has been registered. Types of Car Insurance There are three major types of car insurance available in India – comprehensive policy, third party insurance plus theft, and third party insurance. Third party plans The third party policies cover the liabilities faced by a car owner when their cars hit a third person and cause any of the following: Physical injury Property damages Death Personal accident cover for car owners if they were driving the car during the accident Car Insurance Coverage in India In India the third party policies cover both the death and the injury of a third party as well as the damages caused to that particular party. The liabilities for injury and death are not limited. The comprehensive car insurance policies provide protection against damages suffered by a car owing to natural disasters or man made issues. The insurance companies have no responsibility in case of instances of hit and run. The victim in such a case is paid damages by the Solatium Fund set up by the government. Here are the various insurance companies offering car insurance Aviva Life Insurance Bajaj Allianz Life Insurance Birla Sun Life Insurance HDFC Standard Life Insurance ING Vysya Life Insurance Life Insurance Corporation of India Max Life Insurance Company MetLife India Insurance Reliance Life Insurance Sahara India Life Insurance SBI Life Insurance Tata AIG Insurance Company Ltd Om Kotak Mahindra Insurance Company Agriculture Insurance Company of India Ltd Amsure Insurance ANZ Insurance Cholamandalam General Insurance Employee's State Insurance Corporation ICICI Lombard General Insurance IFFCO-Tokio General Insurance National Insurance Company Ltd Oriental Insurance Company Ltd Peerless Smart Financial Solutions Royal Sundaram Alliance Insurance India Tata AIG Insurance Company Ltd Export Credit Guarantee Corporation of India Ltd |