Federal Bank Motor Third Party Insurance Policy

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Federal Bank Motor Third Party Insurance Policy

Get Motor Third Party Insurance for legal protection against third-party injury, death, or property damage. Court-awarded compensation covered.

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Details for Federal Bank Motor Third Party Insurance Policy

Motor Third Party Insurance Policy offers essential coverage against third-party liabilities, including loss of life, personal injury, and property damage. It ensures legal compliance and protects the policyholder from hefty compensation claims, with unlimited coverage for injury or death and up to ₹7.5 lakhs for property damage. The compensation is provided as per court rulings, ensuring fairness and transparency. Available in both annual and long-term (3-year) options, this policy is ideal for meeting mandatory motor insurance requirements while offering peace of mind on the road. It’s a must-have for every responsible vehicle owner.

Additional Benefits

  • Loss of life of a Third party
  • Personal Injury to a Third Party
  • Damage to property owned by a Third Party
  • The beneficiary of this insurance is the affected third party and compensation will be as awarded by the court of law.
  • There is unlimited coverage to Third party loss of life & Third party property damage.
  • The coverage for Third party property damage is limited to Rs.7.5 Lacs.
  • Policies are available on Annual & Long term (3 Year).

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