Motor third-party insurance or third-party liability insurance, which is also called as the 'act only' insurance, is a constitutional obligation as per the Indian Motor Vehicles Act. Bajaj Allianz Third Party Cover fetches you one of the least expensive insurances in this segment.
Bajaj Allianz Third Party Car Insurance Scheme Highlights
Type of Insurance Scheme | Auto Insurance |
Provider | Bajaj Allianz Third Party |
Insurance Policy Tenure | One Year |
Bajaj Allianz Third Party Car Insurance Features & Benefits
- Zero accountability in case of accidental third party demise or harm.
- Personal Accident Cover for the insured, chauffeur and other travelers.
- Claim process is quick and efficient.
Bajaj Third Party Car Insurance Inclusions
- Cover for causing accidental injury or demise to third person(s).
- Cover for accidental damage to other people's property.
- In case of a third party demise, 100 percent compensation will be paid. Same for loss of both limbs, eyesight or loss of one limb and sight of one eye and other kinds of permanent incapacitation.
- You can get 50 percent compensation in the event of loss of one limb or sight of one eye.
Bajaj Third Party Car Insurance Exclusions
Exclusions for Natural Disasters | Fire, Explosion, Self-Ignition, Lightning, Earth quake, Flood Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm Frost, Land/ rock Slide |
Exclusions for Man-made Mishaps | Robbery/ Break-in, Acts related to terrorism, Civil commotions like riot or strike, Malevolent act, Any loss/ destruction arising in-transit by road, rail, waterway, lift, elevator or air. |
Covers for Man-made Mishaps | Accident due to any external factor |
General Exclusions |
|
Specific Exclusions | Expenses incurred for repairing your own car. If the items in the car got damaged or destroyed. If your car and/ or belongings in it are destroyed or robbed at the time of the incident. |
How does a Bajaj Allianz Third Party Car Insurance Policy work?
Anything can happen in an accident. You might escape with a dent on your car or you may get badly injured along with a third party. You as the insurance holder is the first party, the insurance carrier is the second part and the person injured by you is the third party.
Third party insurance is a must for every vehicle owners to protect themselves from potential legal liability as well as financial expenses required to compensate the third party.
How is this cover beneficial for the insured?
- Insurance if you cause accidental harm or demise to other persons.
- Indemnification is other people’s property is damaged in the accident.
- All You Need To Know Before Insuring Your Car In India
- Looking To Switch Insurance Companies? Read This
- Keep These Points In Mind Before Renewing Your Auto Insurance Policy
- Why Your Car Insurance Claim Was Denied
- Consumables Cover In Car Insurance - Coverage And Claim Process
- The Engine Protect Add-on Cover In Car Insurance Demystified
- Incorporate Changes In Your Car Insurance Policy Through Endorsements
- Why Should You Insure Your Car?
- Saving Money On Car Insurance Is This Easy
- When Should You Get Your Car Inspected?
- How Engine Capacity Of Your Car Is Important In Determining Its Insurance Rate
- When Should You Not Claim Under Your Car Insurance?
- Online Or Offline Purchase Of Motor Insurance - Which One Would You Choose?
- How To Detect Fraudulent Car Insurance Policies
- All You Need To Know While Insuring Your CNG Vehicle
- Points To Note Before Cancelling Your Car Insurance
- What You Should Know About IDV In Car Insurance
- How Insurers Calculate Premiums In India
- Get Adequate Protection Through Car Insurance Add-on Covers
- Bajaj Allianz Car Insurance Customer Care
- Bharti Axa Car Insurance Customer Care
- Chola Ms Car Insurance Customer Care
- Future Generali Car Insurance Customer Care
- HDFC ERGO Car Insurance Customer Care
- IFFCO Tokio Car Insurance Customer Care
- Liberty Car Insurance Customer Care
- Magma Hdi Car Insurance Customer Care
- National Car Insurance Customer Care
- New India Car Insurance Customer Care
- Oriental Car Insurance Customer Care
- Reliance Car Insurance Customer Care
- Royal Sundaram Car Insurance Customer Care
- SBI Car Insurance Customer Care
- United India Car Insurance Customer Care
- Universal Sompo Car Insurance Customer Care
GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017