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Cholamandalam MS General Insurance Company Limited 2nd Floor, Dare House, No.2, N S C Bose Road, Chennai 600 001. T +91 (0)44 3044 5400 F +91 (0)44 3044 5550 www.cholainsurance.com IRDA Regn. No.123Addon.

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If an accident happens, motor liability insurance covers any personal injury to the people involved in the accident, as well as damage to the innocent party's property.

IMT 29 is an essential component of motor insurance in India that provides personal accident coverage for the owner-driver. This clause ensures that vehicle owners are financially protected in the event of bodily injury, death, or permanent disablement due to an accident.

There are three different types of insurance - Private Car Insurance, Two-wheeler Insurance, and Commercial Vehicle Insurance.

IMT.20. Reduction in the Limit of Liability for Property Damage.

What is IMT 23? To cover excluded items like- bumper, headlights, fender, bonnet parts, tyre, tubes & painting in commercial vehicle IMT23 is used. Extra premium is taken to cover these items.

Liability-only coverage is also known as third-party car insurance, as it only covers damages and injuries to third parties. It is the minimum coverage required by law in India, and it provides financial protection in case you cause damage to someone else's property or injure them in an accident.

Liability Only Policy covers any legal liability you may face that occurs out of damage or loss to a third party only - including death, injury, and/or property damage in the event of an accident that involves your insured vehicle. This is following the stipulations laid out by the Motor Vehicles Act, 1988 .

In short, a liability only insurance policy is an insurance policy in which the third party and his/her property or vehicle is covered but the insurer or his vehicle is not covered. A liability-only insurance cover in motor insurance helps cover the damages of other party's property and injuries happen in an accident.

Liability-only coverage is also known as third-party car insurance, as it only covers damages and injuries to third parties. It is the minimum coverage required by law in India, and it provides financial protection in case you cause damage to someone else's property or injure them in an accident.

Coverage under Liability Only Cover Coverage in the case of death of a third party or bodily injury to a third party. Financial support for the insured vehicle owner/driver in case of Permanent Total Disability. Compensation for the insured vehicle owner/driver's Accidental Death.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232