in this we can now about third party liability and in which situation third party liability in insurance.

1. MOTOR VEHICLE ACT, 1988
THIRD PARTY LIBILITY

2. CLASSIFICATION OF VEHICLE
A. PRIVATE CARS

3. B. MOTOR CYCLE AND
MOTOR SCOOTERS

4. C. COMMERCIAL VEHICLE
1.GOODS CARRYING VEHICLE

5. 2.PASSENGER CARRYING VEHICLE

6. 3. MICELLANEOUS VEHICLES

7. TYPE OF LOSS
1.OWN DAMAGE
2.THIRD PARTY LIBILITY

8. THE LIABILITIES WHICH ARE REQUIRE
COMPULSORY INSURANCE ARE AS FOLLOWS
1. IN RESPECT OF BODILY INJURY OF OR DEATH OF ANY PERSON INCLUDING OWNER

9. 2. IN RESPECT OF DAMAGE TO ANY PROPERTY OF THIRD PARTY.

10. 3. IN RESPECT OF DEATH OR BODILY INJURY OF ANY PASSANGER OF A PUBLIC SERVICE VEHICLE

11. 4. IN RESPECT OF DEATH OR BODILY INJURY OF
A. PAID DRIVER OF VEHICLE
B. CONDUCTOR OR TICKET EXAMINER
C. WORKER , CARRIED IN A GOOD VEHICLE

12. ACCORDING
TO MACT (
MOTOR
ACCIDENTS
CLAIMS
TRIBUNALS)
IN RESPECT OF DEATH OR
BODILY INJURY TO ANY PESRSON
THE AMOUNT OF LIABILITY
INCURRED IS UNLIMITED.
IN RESPECT OF DAMAGE TO ANY
PROPERTY OF THIRD PARTY
AMOUNT OF LIABILITY IS 6000.

13. ACCORDING
TO MOTOR
VEHICLE
ACT 1988
IN RESPECT OF DEATH
AMOUNT OF LIABILITY
IS 50,000.
IN RESPECT OF BODILY
INJURY AMOUNT OF
LIBILITY IS 25,000.

14. ACT ONLY POLICY
(POLICY COVERS LIABILITY TO THIRD PARTIES EXACTLY AS REQUIRED BY MV ACT AND
PROVIDES )
• SHOULD TO MEET THE REQUIREMENT OF MOTOR VEHICLES ACT .
• INSURED CAN INCREASE THE SUM ASSURED OF DAMEGE TO
PROPERTY .
• INSURER WILL PAY ALL THE COSTS AND EXPANSES INCURRED
WITH ITS WRITTEN CONSENT.
• DRIVER SHOULD BE PAYBLE BY THE INSURED.
• IN RESPECT OF DEATH INDEMNIFY PERSONAL REPRESENTATIVE.

15. EXCLUSION
• OUTSIDE THE GEOGRAPHICAL AREA.
• ANY CONSEQUENTIAL LOSS.
• CLAIM ARISING OUT OF ANY CONTRACTUAL LIABILITY.
• NUCLEAR PERIL
• WAR AND KINDRED

16. IMPORTANT
CONDITION
1. NOTICE SHOULD BE GIVEN ON TIME WITH FULL
DETAIL.
2. NO ADMISSION OFFER PROMISE PAYMENT OR
INDEMNITY SHALL BE MADE ON BEHALF OF
INSURED.

17. THANK YOU