Why Buy Health Insurance ?
The ‘financial protection’ under life insurance is provided in the form of life cover, also known as sum assured. It is a pre-agreed amount that is payable in case of an untoward incident with the life insured.
By TEAM ROKADAA.COM
Your vehicle is one of the milestone investments in your life. It is a reflection of the person who drives it. It has toiled for you so many times and it is time you think about protecting your vehicle from unforeseen events such as theft or accident which can harm your vehicle. Considering the exorbitant motor repair costs these days even a slight damage to your vehicle can burn a hole in your pocket. Hence, it is prudent to purchase a Motor Insurance policy that understands the importance of an automobile in your life. Compare car insurance, two wheeler insurance online to get the best deal out of the lot.
Motor insurance gives protection to the vehicle owner against (i). damages to his/her vehicle and (ii). pays for any Third Party Liability determined as per law against the owner of the vehicle. Third Party Insurance is a statutory requirement. The owner of the vehicle is legally liable for any injury or damage to third party life or property caused by or arising out of the use of the vehicle in a public place. Driving a motor vehicle without insurance in a public place is a punishable offence in terms of the Motor Vehicles Act, 1988.