What is premium for TPPD?
Help for Car | Motor Insurance India. The policy provides Third Party Property Damage( TPPD ) of Rs. 7.5 lakhs (Private Cars ) and Rs. 1 lakh/-( in case of Two wheelers) .
What is the meaning of TPPD?
Under Liability Only Section, discounts are available for reduction in Third Party Property Damage (TPPD) from Rs. 750,000 to Rs. 6,000.
What is TP in period of insurance?
Among the two types of car insurance in India, the third-party (TP) car cover serves to protect the insured from claims arising from a third party, when the insured person's vehicle is at fault. This cover will pay for any fiscal liability that arises out of the accident.
What is the cover of TPL insurance?
TPL is compulsory vehicle insurance, which every vehicle owner is required by law to take out. TPL protects your business from this risk and covers the damage (personal injury or property). In addition to this, it ensures that the party(ies) holding your company liable will be helped quickly and efficiently.
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- basic premium including premium for tppd vehicle
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