Raheja Qbe Third Party Car Insurance
- Covers Third Party Person
- Covers Third Party Property
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IFFCO Tokio Third Party Car Insurance
Third party insurance policy is designed to provide compensation for third party liabilities incurred by the car owner due to an accident or any other mishap. It provides coverage for property damage, bodily injuries, and death of a third party. Raheja QBE Third Party Car Insurance policy is designed in such a way that it acts as a safety cover for the policyholders.
As per the Motor Vehicles Act. 2002, a third party insurance policy is a statutory requirement. It is mandatory for every car owner to have at least a third party policy coverage.
Raheja QBE Third Party Car Insurance vs Raheja QBE Comprehensive Car Insurance
Basis | Third Party Car Insurance | Comprehensive Car Insurance |
Coverage | It covers you against the financial liability caused due to death or injury of a third party. It also provides for the property damage incurred by a third party. | It covers you against all the financial liability caused to third party as well as to the insured vehicle. |
Nature of Requirement | It is a statutory requirement | It is optional and solely depends on the owner’s preference. |
Availability of Add-ons | It does not offer any add-ons | It offers so many beneficial add-ons like Zero depreciation, Personal accident cover, Roadside assistance etc. |
Cost | It is comparatively cost-effective because of narrow coverage. | It is comparatively expensive because of wider coverage |
Raheja QBE Third Party Coverage
- It provides coverage for the death and bodily injuries of the third party.
- It provides coverage for the property damage incurred by the third party. This coverage is limited to Rs. 7.5 lakh.
Benefits of Raheja QBE Third Party Insurance
- It provides relaxation to the policyholders from bearing the damage expenses of the third party.
- It covers bodily injuries, death or damage to the property that belongs to the third party as specified in the schedule.
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Raheja QBE Third Party Car Insurance FAQs
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How can I get legal liability coverage for paid drivers?
The policyholders can obtain legal liability coverage for paid drivers by extending their third party coverage. The cover can be extended by paying an extra premium.
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What is a personal accident cover for owner-drivers?
Under the Personal Accident Cover for owner-driver the company agrees to bear the liability arising due to the bodily injuries or death caused to the owner-driver in direct connection with the insured’s vehicle.
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What is the minimum tenure of coverage offered by Raheja QBE?
Raheja QBE has a tenure period of minimum 3 years for third party car insurance. The policyholders need to renew their policy at the end of the policy period.
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How can I get a Raheja QBE third party car insurance policy?
If you are willing to get a policy you can visit the official website or contact through the toll-free number.
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