Bharti Axa Third Party Car Insurance

Bharti AXA Car Insurance Third Party

Third-party insurance is compulsory for all vehicle owners in India as per the Motor Vehicles Act. It is a statutory policy, which covers the policyholder against the legal liability for injury/death of third party and damage to the third party property. However, it does not cover the injury/death of policyholders and damage incurred to vehicle. As per Section 145(g), ‘third party’ includes everyone from a person in any other vehicle to the one walking on the streets. Apart from general compensation, Bharti Axa third-party insurance plan also covers expenses incurred while availing lawyer’s aid. The claim amount depends on the damages caused to third-party, which can be 100% in case of death or total disability of the person.

To be more specific, policyholder is the first party, insurance company is second party and the injured person is third party. In case of claim settlement, generally, money is directly paid to the third party without involving policyholder.

Premium Calculator

It is always better to have an idea about your finances before opting for any financial product. Same is the case with car insurance, where you can get an idea of premiums, which you would be paying towards purchasing the insurance.

To calculate premium of Bharti Axa car insurance policy, visit www.insurancedekho.com and get third party quotes post entering few basic details.

Benefits of Bharti AXA Third Party Car Insurance

Insuring your vehicle against third party liabilities is compulsory as per the Motor Vehicles act and owing to this, you can avail a few benefits when needed.

• Although a third party policy cover does not insure the vehicle and policyholder, it covers one for liabilities of damages made to any third-party. The damages include third party injury/death and third party property damage.
• Purchasing a third party is easy and can be availed by anyone as per their time and convenience. Also, it can be renewed online without any hassle.
• Besides covering damages incurred to the third party, it also covers court expenses, which are done during the course of case.
• Since it has a limited coverage, the premium is also less compared to other coverage policies.