Title: Reasons to Buy a Motor Insurance Policy
1Reasons to Buy a Motor Insurance Policy
2Introduction
A car is not simply a mode of transportation in
India. It is a symbol of status, success,
achievement and prosperity a thing of pride.
Many people struggle for years in order to try
and buy a car of their own. Despite this,
however, Indians often neglect to insure their
most beloved possession. Due to a lack of
awareness, many people still dont know the
numerous advantages of a good motor insurance
policy. Some of the reasons to buy a quality
motor insurance policy from a trusted insurance
provider have been listed in the following
slides.
3Personal Safety
If your car is involved in an accident and you
sustain injuries because of that, the insurance
policy will cover all the costs of your
treatment, hospitalization, recovery and
recuperation. It will also pay for any surgeries,
physiotherapy, medication, etc. that you might
require. You will not have to worry about the
exorbitant costs of medical care while on your
journey of recovery.
4Third Party Liability
If your car were in an accident which caused
injury to a third party, or damage to their
property, you would be legally obligated to
compensate that person for their losses. If you
have motor insurance, the insurance company will
bear the costs of any third party liability. This
provision will shield you and your family from
any unexpected financial emergencies.
5Legal Aspect
Motor vehicle insurance is mandatory in India.
Every car must be insured against some risks,
such as third party liability. This is because
car accidents can be dangerous and might leave an
innocent bystander grievously injured. To avoid
legal repercussions, therefore, you must buy the
compulsory motor insurance as soon as you buy a
car
6The Best Insurance Company
Liberty Videocon General Insurance is a reputed
insurance company with valuable experience in the
insurance sector. It provides one of the best and
most comprehensive motor insurance plans in
India. Additionally, on their website you can get
quick, convenient and inexpensive options for
motor policy renewal. Their affordable insurance
policies guarantee quick settlements of insurance
claims, hassle-free reimbursements and additional
cover benefits.
7 Contact US
Address 10th Floor, Tower A, Peninsula Business
Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai
400013 Boardline 022-6700-1313 Fax
022-6700-1606? Toll Free No 1800-266-5844 Email
care_at_libertyvideocon.com Website
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