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Motor vehicle insurance law in India is go … Motor vehicle insurance law in India is governed by the Motor Vehicles Act, Insurance Act and aspects of insurance contracts governed by the Indian Contract Act, Transfer of Property Act and a few others. Motor vehicle insurance is the insurance coverage of the risk of third party arising out the use of motor vehicle and also for covering the risk of damage caused to the vehicle. Taking insurance policy for coverage of certain risks are made compulsory and coverage for other risks are optional at the instance of the owner. Accordingly, motor vehicle insurance policies can be divided into two, namely, compulsory insurance policy (Act policy) and comprehensive policy.icy (Act policy) and comprehensive policy.
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http://judis.nic.in/supremecourt/imgs1.aspx%3Ffilename=39733 +
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Motor vehicle insurance law in India is go … Motor vehicle insurance law in India is governed by the Motor Vehicles Act, Insurance Act and aspects of insurance contracts governed by the Indian Contract Act, Transfer of Property Act and a few others. Motor vehicle insurance is the insurance coverage of the risk of third party arising out the use of motor vehicle and also for covering the risk of damage caused to the vehicle. Taking insurance policy for coverage of certain risks are made compulsory and coverage for other risks are optional at the instance of the owner. Accordingly, motor vehicle insurance policies can be divided into two, namely, compulsory insurance policy (Act policy) and comprehensive policy.icy (Act policy) and comprehensive policy.
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Motor vehicle insurance law in India
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