Motor third party insurance or third party liability cover, sometimes called ‘Act Only’ cover, is a statutory requirement under the Motor Vehicles Act. As the beneficiary of the policy is someone other than the two parties involved in the contract (the car owner and the insurance company), it is called ‘third party’ coverage. The policy does not provide any benefit to the insured. However, it covers the insured’s legal liability for third party loss death/disability or damage to third party property.

Reserve amount per acre is Rs. If less than 100,000, all natural hazards including flood, drought and wild elephant risks are covered and the insured amount is Rs. 100,000 or more and all risks are covered.