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Multi-year & long term car insurance?
A basic third party car insurance is mandatory for all vehicles plying on Indian roads as per the Indian Motor Vehicles Act 1988. However, a basic liability insurance cover only protects against claims of damages and losses suffered by the other party in case of an accident. It provides no financial assistance to you.
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Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
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