Write
a short note
Motor insurance.
Answers
Answer:
Motor insurance is an insurance policy that covers the policyholder in case of financial losses – resulting from an accident or other damages – sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party and third-party property along with compensating for own losses as well.
Answer: This may help you
Explanation:
Write a short note:- Motor insurance.
=> Motor insurance is an insurance policy that covers the policyholder in case of financial losses – resulting from an accident or other damages – sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party and third-party property along with compensating for own losses as well.
Motor Insurance is a type of insurance policy which covers your vehicles from potential risks financially. Policyholder's car or two wheeler is provided financial security against damages arising out of accidents and other threats. In India, motor insurance is mandatory.