{"id":5884,"date":"2021-12-02T17:44:45","date_gmt":"2021-12-02T12:14:45","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=5884"},"modified":"2022-05-24T10:32:27","modified_gmt":"2022-05-24T05:02:27","slug":"comprehensive-insurance","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/comprehensive-insurance\/","title":{"rendered":"What Is a Comprehensive Insurance Policy?"},"content":{"rendered":"\n

If you own a vehicle in India, you need to have a third-party vehicle insurance policy<\/a> for it. The Motor Vehicles Act, 1988 dictates this rule and mandates insurance on every vehicle before it can run on Indian roads. A third-party policy covers third-party liabilities, i.e., the financial liabilities you suffer if your vehicle causes physical injury or death of an individual or damages someone else\u2019s property. But what about the damages that your vehicle suffers? A third-party plan does not cover it, and this is where comprehensive insurance comes into the picture.<\/p>\n\n\n\n

Let\u2019s have a look at the comprehensive insurance meaning and its various aspects.<\/p>\n\n\n\n

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