Kinds of policies

The policies under motor insurance are as follows:

(i) Act liability only.

(ii) Third party only.

(iii) Comprehensive policy.

*** Comprehensive policy:

The comprehensive policy covers the following risks:

(i) Damage to car parts or body.

(ii) Removal charges for repairs.

(iii) Third party liabilities.

(iv) Costs & expenses incurred with risk.

(v) Repair charges.

(vi) Medical expenses.

At the payment of extra premiums, the following risks are also insured:-

(i) Death or injury to family members who are above 16 years & below 65 years.

(ii) Riots, strikes, thefts, larceny, etc.

(iii) Loss of Rugs.