SHRIRAM GENERAL THIRD PARTY CAR INSURANCE

SHRIRAM GENERAL THIRD-PARTY CAR INSURANCE.

According to the Indian tariff Act, having at least third-party vehicle insurance coverage is mandatory in India. Third-party insurance is the most basic and cost-effective choice, providing compensation in the event of a third-party injury or death, as well as third-party property damage up to the amount of 7.5 lakh.

SHRIRAM GENERAL THIRD-PARTY CAR INSURANCE BENEFITS.

The benefits are-

1)  Provides legal cover as well as financial Assistance

Shriram General Third-party car insurance protects you from legal liability in the event of death or incapacity of the third person. It also covers any loss or damage to the property of a third party Up to 7.5 lakh rupees. The owner-driver is also protected by third-party car insurance up to 15 lacs.

2) Easy and very simple process to take third party car insurance-

 third party car insurance policy premium rates depend upon the cubic capacity of your car. Hence it is very easy to decide and take third party insurance

3) Unlimited cover to the third party-

In case of an accident that causes bodily injuries or loss of life, the third person cover is unlimited. Once the amount of compensation is determined by the court, the insurance company bears the cost.

WHAT IS COVERED UNDER SHRIRAM GENERAL THIRD-PARTY CAR INSURANCE POLICY?

Shriram generals Third-party car insurance provides legal liability in case of death or disability to any third person. It also provides coverage for any loss or damage to the third person's property. The coverages are:-

1) Property damage- In case your vehicle caused some damage to the property of the third party in an unfortunate accident, then you don't have to worry about the expense arising from the incident. Third-party car insurance ensures that the insurance company will pay for the damages to the third person, hence no cost is borne by an insured person.

2) Death-  If you are involved in an accident, which causes the death of a third party, then you are responsible for this unfortunate event. In such cases, you do not have to worry about this event because your insurer takes care of this matter. The claims are settled as per the court tribunals. the court will decide the compensation as per the earning capability of the third party.

 3) Bodily injuries-  Medical coverage is offered for all types of bodily injuries, no matter how intense the injuries of a third party. Go Digit insurance company understands that the events are caused unfortunately or unintentionally and these events cannot be controlled .hence insurers reduce the stress of the insured person by offering them financial support.

4) Unnamed passenger cover- As an owner of a car, you are responsible to pay for injuries that may come to your passenger. The compensation for the passengers is from 50k to 2lac per person.

5) Owner driver cover-

The owner-driver cover also known as personal accident cover is only for the owner-driver .it is up to the amount of 15 lakh.

6) Paid driver cover- Amt of Rs 50 has to be paid as an add-on for buying paid driver cover. in this cover, the insurer pays compensation to your driver in case of death or injury. The compensation depends upon the age, monthly income, and dependants of the driver.

HOW TO PURCHASE SHRIRAM GENERALS  THIRD PARTY CAR INSURANCE -

Step 1. Go to the online website of https://quickinsure.co.in/

Step 2. Click on car insurance

Step 3. Enter your REGISTRATION no. According to your RC

Step 4. You will find a quotation for car insurance from Shriram general and other insurers.

Step 5. You can select the quotation of  Shriram general and fill out the proposal form.

Step 6. Once you verify your information, you click on the "pay now" icon and once the payment is made, you will receive the pdf of your policy on your mail ID.

EXCLUSIONS-

Exclusions in Shriram's general third party policy  are-;

1) Damages caused to yourself and your vehicle during an accident.

2) Damages that cost more than RS.750000 lakh are also not included in this agreement.

3) Third-party car insurance also does not provide any compensation if there is a drink and drive case and the vehicle was used for any commercial purpose or illegal activities

4)Any damage due to terror attack, war, foreign enemy action, civil

war, mutiny to your car is not covered under a standard motor policy.

THIRD-PARTY CAR INSURANCE SLABS;

Description of vehicle	Proposed Rates (FY 2021-22) Rs.
Private cars with engine capacity
Not exceeding 1000 cc	2,072
Exceeding 1000 cc but not exceeding 1500 cc	3,221
Exceeding 1500 cc	7,890

FAQ,s

1. What is the basic meaning of third-party car insurance for Shriram general?

 Insurance in which a policy is purchased by the insured, from the insurance company, for protection from the claims of another third party

2)How can I buy Shriram general third-party car insurance?

you can buy oriental third party car insurance through quickinsure insurance brokers online from  https://quickinsure.co.in/

By following steps-:

Step 1. Go to the online website of https://quickinsure.co.in/

Step 2. Click on car insurance

Step 3. Enter your REGISTRATION no. According to your RC

Step 4. You will find a quotation for car insurance from Shriram general and other insurers.

Step 5. You can select the quotation of Shriram general and fill out the proposal form.

Step 6. Once you verify your information, you click on the "pay now" icon and once the payment is made, you will receive the pdf of your policy on your mail ID.

3) What is an easy mode for buying third-party car insurance in Shriram general?

The online method is the most common use mode of buying third-party car insurance.

you can buy the Shriram general third-party car insurance through quickinsure insurance brokers' official website. https://quickinsure.co.in/

4)What is not covered under  Shriram general insurance third-party car insurance policy?

 i)  Any Damage Due To Terror Attack, War, Foreign Enemy Action, Civil

 War, Mutiny To Your Car Are Not Covered Under A Standard Motor

 Policy.

ii) If the driver was found driving under influence of drugs or alcohol, then it is also not covered.