Kotak Third Party Car Insurance

The third party legal liability cover offered by Kotak General Insurance protects the policyholder against losses/damages caused to third party property and life by his/her car. The third party policy provides a cover for up to Rs. 7.5 lakh for third party damage and an unlimited coverage for damages caused due to injury/death of a third party due to the insured vehicle.

The third party car insurance policy helps you insure yourself against financial liabilities which arise due to an accident of your car. Also, this basic cover helps you fulfil the legal requirement of owning a car insurance policy for your vehicle. Along with the 1-year policies, Kotak General Insurance also offers long term car insurance plans of 3 years tenure which are a mandatory requirement for new car owners.

Kotak Third Party Car Insurance vs Comprehensive Car Insurance

What All Is Covered Under Kotak Third Party Car Insurance Plan?

The Kotak third party car insurance policy provides coverage for the following:

• Death of a third party
• Bodily injuries caused to a third party
• Compensation of up to Rs 7.5 lakh for third party property damage

What All Is Not Covered Under Kotak Third Party Car Insurance Plan?

The following are not covered under the Kotak third party car insurance policy:

• Damage caused to the insured car.
• Bodily injury or death of the policyholder.
• No optional personal accident cover is available

Key Benefits of Purchasing Kotak Third-Party Car Insurance

A third party car insurance plan is mandatory to be carried by every car owner while driving in India. It provides basic coverage for third-party damages which can be very useful in a situation where your vehicle gets involved in an accident that incurs some liabilities on you. Here are some benefits of buying a Kotak third-party car insurance policy:

1. Economical Policy: A third party car insurance policy is the most basic car insurance plan. This cover gives basic and limited coverage which is affordable for everyone to carry every time.

2. Financial and Legal Security: The third party car insurance policy ensures financial as well as legal security for policyholders in times of crisis. It gives protection against third party liabilities as well as from penalties for driving without an insurance plan.

3. Peace of Mind: A third-party car insurance plan gives peace of mind to policyholders as they know that it will shield them from the financial crisis and legal trouble in case of an accident or any other mishap or any police check as carrying this policy is a compulsion while driving a car.