MTG
22-09-2009, 05:17 PM
Source - economictimes.com
Types of Vehicle Insurances:
There are two types of vehicle insurances.
1) Comprehensive
2) Third Party
Coverage with Comprehensive Insurance:
Comprehensive Insurance insures the vehicle against:
Natural calamities such as earthquakes, floods, typhoons, etc.
Man made calamities like burglary, thefts, riots, strikes, etc.
Personal accident cover: Provides personal accident cover for the individual owner-driver and passengers of the insured vehicle while travelling in, mounting, or dismounting from the vehicle.
Coverage with Third Party Insurance:
Third party legal liability cover protects you against legal liability arising due to accidental damages, such as:
Any permanent injury/death of a person
Any damage caused to the property
Caused while anyone is driving the
Read Complete Article Link (http://economictimes.indiatimes.com/quickiearticleshow/4990628.cms)
Types of Vehicle Insurances:
There are two types of vehicle insurances.
1) Comprehensive
2) Third Party
Coverage with Comprehensive Insurance:
Comprehensive Insurance insures the vehicle against:
Natural calamities such as earthquakes, floods, typhoons, etc.
Man made calamities like burglary, thefts, riots, strikes, etc.
Personal accident cover: Provides personal accident cover for the individual owner-driver and passengers of the insured vehicle while travelling in, mounting, or dismounting from the vehicle.
Coverage with Third Party Insurance:
Third party legal liability cover protects you against legal liability arising due to accidental damages, such as:
Any permanent injury/death of a person
Any damage caused to the property
Caused while anyone is driving the
Read Complete Article Link (http://economictimes.indiatimes.com/quickiearticleshow/4990628.cms)