ICICI Lombard Third Party Car Insurance

ICICI Lombard Third Party Car Insurance

Buying a car brings in legal obligation to purchase at least a third-party coverage policy. The Motor Vehicles Act of 1988 makes it mandatory for every car owner to insure his/her car against third-party liabilities. In accordance with this, ICICI Lombard offers third-party liability coverage plans for its customers.

Although being a legal obligation, a third-party liability cover saves you from chipping out a chunk of your savings in case of an accident. ICICI Lombard third-party insurance policy covers you from the expenses incurred on compensating the third-party. This includes reimbursement of expenses made while indemnifying third party injury/death as well as third-party property damage. Moreover, a third-party liability policy is also more affordable in comparison to the comprehensive one, thanks to the limited coverage.

Benefits of ICICI Lombard Third Party

Insuring your car against third-party liabilities is a legal compulsion but this does not go without saying that it offers a handful of benefits. Let us have a look at a few of them.

• Having third-party liability insurance means that you are covered against legal complications involved after an accident. Apart from financial reimbursement, the insurer also helps in dealing with legal norms.
• Besides covering injury/death of a third party, this obligatory policy also covers any damage caused to a third-party property by your car upto INR 7.5 lacs

ICICI Lombard Third Party Claim Process

1) Intimate the insurer

Inform ICICI Lombard immediately after an accident. Place a call at the toll-free number 1800 2666 or SMS “CLAIM” to 575758. Make them available with every first-hand information available with you.

2) Rush into the nearest hospital

In any circumstance of fatal injury, rush into the nearest hospital or emergency ward to seek medical attention. Provide every assistance required to the injured person.

3) Lodge an FIR

If the accident results in injury/death of a person, lodging an FIR at the local police station is mandatory. A copy of the same needs to be submitted along with other necessary documents.

4) Documentation

Fill the claim form along with your signature and submit all the documents asked by the representative sent by the insurer. Also, submit all the receipt of medical/legal expenses incurred during the course.

5) No more hassle

After the court trial and finalization of the claim amount, company will reimburse the expenses and will pay the liable amount directly to the third-party.