Personal Accident Benefits

Do you know that your motor insurance also provides you with personal accident benefits? The insurer will pay you a lump sum of money for accidental death or bodily injuries if the accident is in direct connection with your vehicle or while traveling in or mounting/dismounting from your private motor car. Generally the compensation amount [...]

By | 2016-12-14T02:55:49+00:00 January 18th, 2009|Definition Of Car Insurance Terms|1 Comment

Third-Party, Fire and Theft Insurance

The Third-Party, Fire and Theft insurance covers your own vehicle against loss or damage by fire or theft, on top of the scope of coverage provided by the third-party only insurance. Unfortunately, damage to the insured’s vehicle by anything other than fire and theft is not covered by under this policy. Most car owners will [...]

By | 2016-12-14T02:55:51+00:00 December 28th, 2008|Definition Of Car Insurance Terms|1 Comment

Third-Party Only Motor Insurance

This type of motor insurance provides coverage only for (1) death or bodily injuries to third parties &/or passengers, and (2) damage to 3rd party’s property. This is quite similar to the Act Liability Only Insurance, just that third-party insurance also covers against damage to property as well as accidents occurring on roads and private [...]

By | 2016-12-14T02:55:51+00:00 December 27th, 2008|Definition Of Car Insurance Terms|0 Comments