Your safety on the road and financial well-being are paramount when it comes to owning a Hyundai car. That's why you need the appropriate insurance coverage. And what is better than third-party liability car insurance?
This comprehensive coverage not only safeguards you but also protects others in case of an unfortunate accident. Moreover, when you adhere to legal requirements and take responsibility, you can secure the well-being of pedestrians, drivers, and their property.
This insurance also shields you from potential financial burdens, covering medical expenses, property damage, and legal costs. Whether you own a Hyundai car or any other car, it is important to understand the need and significance of having a third-party liability insurance, so let's delve into why getting third-party liability insurance with your Hyundai car insurance is a smart choice.
Under the Motor Vehicles Act of 1988, if you own or drive a vehicle in India, you must have mandatory third-party insurance. But what exactly does that mean?
Third-Part Liability Insurance is a special policy that protects you from legal and accidental liabilities, financial losses, or property damage recompense when it comes to a third-party. It also provides coverage in case someone is injured or even killed because of your vehicle.
Most car insurance plans in India already include third-party coverage, but you can also get a separate policy. When you opt for standalone third-party insurance and combine it with a comprehensive Hyundai car insurance plan, you get protection for your own vehicle and personal accidents as well as any damages or injury you may cause to a third-party.
Some of the notable and general features of Third-Party Liability Insurance are as follows:
Coverage for third-party property/vehicle damage up to Rs. 7.5 lakhs
Protection against bodily injury/damage to third parties, determined by the Motor Accident Claim Tribunal (MACT)
Convenient buying process available both offline and online
There are several benefits of getting third-party liability car insurance with Hyundai Car Insurance. Some of them are as follows:
A third-party car insurance policy covers an insured person's legal liability. It includes death or injury to a third-party, as well as damage to their property. This relieves the driver/ owner of the financial and legal burdens associated with such incidents. With the direct beneficiary, not the insurer or the insurance company, third-party car insurance is a crucial benefit for the driver/owner involved in these situations.
If you are in an accident and cause injury or even death to a third party, third-party liability insurance covers your losses with unlimited liability coverage. Stay protected and ensure financial security in such unfortunate events.
Third-party car insurance policies are easily available and can be purchased or renewed online, making the process quick and convenient. It is a hassle-free way to ensure your car is covered with the necessary third-party insurance. You can easily avail yourself of this policy at your convenience, saving time and effort.
With heavy traffic and inevitable accidents on the roads, it is essential to purchase a third-party liability insurance policy. This ensures financial security in case of unexpected mishaps. Being prepared is always wiser than regretting later.
Including third-party vehicle liability with your Hyundai car insurance plan is highly cost-effective and advantageous. Moreover, compensation calculations are based on the insurer's income, ensuring fair evaluation. Get benefits from the affordability and comprehensive coverage provided by third-party vehicle liability insurance.
Unlike other policies that rely on traditional offline methods, third-party car insurance policies can be easily renewed or applied for online, 24/7, from any location. This convenience and accessibility of online platforms have made them increasingly popular among car owners. So, embrace the ease and flexibility of managing your third-party car insurance online.
In most countries, including India (Motor Vehicles Act of 1988), it is mandatory to have a third-party liability insurance if you own a vehicle. So to comply with the legal requirements of your country, it is essential that you have a third-party liability insurance.
It's evident that purchasing a third-party liability insurance policy for your Hyundai car is a vital step towards ensuring road safety and protecting your financial well-being. It provides legal protection, financial assistance, and coverage for personal damage. To make the process even more convenient, we encourage you to download the Park+ app.
With Park+, you can easily access Hyundai car insurance with comprehensive coverage, including third-party liability protection. So, visit the website or download the app to explore more about our services and secure a safer journey. Don't wait, get insured today!