Kumari Palany & Co

What are the key benefits of third-party car insurance?

Posted on: 16/Jul/2018 9:41:40 AM
These days there are too many cases of road accidents and mishaps taking place all around! The newspapers and news channels are inundated with such news and titbits back to back. When you think of the possible reason for such accidents, you can easily zero in on impatience! Not being calm enough to drive to the destination, being hurry in traffic and crowded places, etc. are some of the reasons commonly said. Furthermore, improper infrastructure, insufficient safety measures, etc. are the other reasons commonly stated. These reasons altogether mandate the need for third party car insurance. It will be helpful during crisis situations and unforeseen accidents. This comes with a lot of benefits. Here are a few you shouldn’t miss out on: 

Legal cover and finance support

In case of accident, the insurance cover will bear with the financial burden caused. Here, neither the policyholder nor the insurance company is directly benefited. The policy holder can feel completely free and enjoy peace of mind even in such disastrous situations.

Simplified purchase option

It is absolutely easy to obtain a third-party insurance for cars. It can be done online on the official website of insurance firm, or directly at the branch office. Renewal is also simple without any kind of complication.

Affordable plans

The premium you will be liable to pay will be very meagre. In fact, the total amount to be paid for third-party liability insurance will only be a fixed value and the amount will be revised annually.

Available round the clock

While the other kinds of policies are available only in offline mode for renewal or new application, the third party car insurance can be done very easily at any time of the day throughout the year either online or offline. So, ultimately the ease of access to the policy makes it very comfortable for the insurers.

Note that the third party insurance for cars come at varied premium rates. This depends on the insurance company, the specific policy, the model or make or the version of the car, and so on. It is up to your choice to decide the best insurance policy that falls within your budget and still stay protected from unexpected happenings.