3 min read
Updated on Sep 22, 2022
Most of you know that a car insurance policy has been mandatory by the Motor Vehicles Act, 1988. But, do you know about the benefits and features of such plans?
Many don’t. They simply buy a car insurance plan because they are mandated to do so. But, besides being mandatory, a car insurance plan also has many benefits and salient features. Let us explore its benefits and features:
There are some salient features of car insurance which include the following:
The benefits can be understood from the following points:
Now you know the car insurance benefits and its relevant features. Given the car insurance benefits, it is always wise to renew your car insurance policy on time. In case of break in renewal, you tend to lose not only the benefits of car insurance coverage but also the security which the policy brings. So, renew on time to enjoy the numerous benefits of car insurance.
Hope you enjoy reading. If you still have queries regarding car Insurance policies in India, Visit Motor Insurance FAQ page.
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