Why Buy Motor Insurance - Policy Holder
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- What Life Insurance to Buy
- How to Buy Life insurance and From Whom
- You and Your Life Insurance Policy: FAQs
- Dos and Don'ts for Life Insurance
- General Advice for Life Insurance
- Why Buy Health Insurance
- What Health Insurance to Buy
- How to Buy Health Insurance and From Whom
- You and Your Health Insurance Policy: FAQs
- Dos and Don'ts for Health Insurance
- General Advice for Health Insurance
- Why Buy Motor Insurance
- What Motor Insurance to Buy
- How to Buy Motor Insurance and From Whom
- You and Your Motor Insurance Policy: FAQs
- Dos and Don'ts for Motor Insurance
- General Advice for Motor Insurance
- Why Buy Property Insurance
- What Property Insurance to Buy
- How to Buy Property Insurance and From Whom
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- Dos and Don'ts for Property Insurance
- General Advice for Property Insurance
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- What Travel Insurance to Buy
- How to Buy Travel Insurance and From Whom
- You and Your Travel Insurance Policy: FAQs
- Dos and Don'ts for Travel Insurance
- General Advice for Travel Insurance
Why Buy Motor Insurance
Motor insurance gives protection to the vehicle owner against (i). damages to his/her vehicle and (ii). pays for any Third Party Liability determined as per law against the owner of the vehicle. Third Party Insurance is a statutory requirement. The owner of the vehicle is legally liable for any injury or damage to third party life or property caused by or arising out of the use of the vehicle in a public place. Driving a motor vehicle without insurance in a public place is a punishable offence in terms of the Motor Vehicles Act, 1988.