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Truck insurance for 2010 tata model....................
Hello Ramendra, thanks for writing. Truck Insurance is a legal contract between the insurance company and the policyholder that provides financial aid to the policyholder from any unforeseen incident causing loss or damage to the truck during the transportation of goods.
Purchasing a truck insurance policy is critical for remaining prepared for unforeseen emergencies involving the insured truck. Consider the following reasons why purchasing commercial truck insurance is essential.
1. Mandatory by Law - As per the Indian motor law, it is mandatory for all trucks plying on Indian roads to have a valid liability-only policy.
2. Prevents Financial Losses - Since trucks are being used to carry out commercial activities, any damage/loss caused to or by the vehicle can result in financial losses.
3. Prepares for unforeseen emergencies - Emergencies come unannounced, same can not only cause damage or loss of property (truck) but can also lead to loss of life (truck driver).
I hope this will help. Also, you can click the following link to understand more about the Truck Insurance
