Out of many insurance companies available in India, Kotak Mahindra General Insurance Company is popular for its user-friendly services. The insurance company also has insurance plans for third-party liability that provide coverage for property damage, accidental injury, disability, or death of a third party due to an accident caused by the insured car. So, by purchasing the Kotak Mahindra Car insurance, you can cover the liabilities. The best thing about this car policy is that it is ideal for private cars, as well as commercial vehicles.
The benefits of this third-party car insurance plan are as follows.
As mentioned above, the claim process of Kotak Mahindra third-party car insurance is quicker and easier. Here are the details of the claim settlement process of this insurance plan.
This way, you can raise a claim under this insurance plan. Also, you may need to hire a layer to place your side in the court.
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Ans: The maximum amount provided for third-party property damage is 7.5 lakh rupees. In case of loss of life of the third party, the full sum insured amount is provided by the insurance company. But if the third-party liabilities are more than this, the policyholder needs to pay them.
Ans: Usually, the company provides 60 days for the claim settlement of third-party car insurance. If a case is filed in court, it may take more time to get the decision of the court. Therefore, it is a better idea to settle the claim outside of the court by mutual understanding if both parties agree.
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