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Reasons to Buy a Motor Insurance Policy

This PPT explain various reasons to buy a motor insurance policy and some of these have been discussed in the following slides. For more details visit https://www.libertyvideocon.com/health-insurance

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Reasons to Buy a Motor Insurance Policy

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  1. Reasons to Buy a Motor Insurance Policy Liberty Videocon

  2. Introduction A car is not simply a mode of transportation in India. It is a symbol of status, success, achievement and prosperity – a thing of pride. Many people struggle for years in order to try and buy a car of their own. Despite this, however, Indians often neglect to insure their most beloved possession. Due to a lack of awareness, many people still don’t know the numerous advantages of a good motor insurance policy. Some of the reasons to buy a quality motor insurance policy from a trusted insurance provider have been listed in the following slides.

  3. Personal Safety If your car is involved in an accident and you sustain injuries because of that, the insurance policy will cover all the costs of your treatment, hospitalization, recovery and recuperation. It will also pay for any surgeries, physiotherapy, medication, etc. that you might require. You will not have to worry about the exorbitant costs of medical care while on your journey of recovery.

  4. Third Party Liability If your car were in an accident which caused injury to a third party, or damage to their property, you would be legally obligated to compensate that person for their losses. If you have motor insurance, the insurance company will bear the costs of any third party liability. This provision will shield you and your family from any unexpected financial emergencies.

  5. Legal Aspect Motor vehicle insurance is mandatory in India. Every car must be insured against some risks, such as third party liability. This is because car accidents can be dangerous and might leave an innocent bystander grievously injured. To avoid legal repercussions, therefore, you must buy the compulsory motor insurance as soon as you buy a car

  6. The Best Insurance Company Liberty Videocon General Insurance is a reputed insurance company with valuable experience in the insurance sector. It provides one of the best and most comprehensive motor insurance plans in India. Additionally, on their website you can get quick, convenient and inexpensive options for motor policy renewal. Their affordable insurance policies guarantee quick settlements of insurance claims, hassle-free reimbursements and additional cover benefits.

  7. Contact US Address: 10th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013 Boardline: 022-6700-1313 Fax: 022-6700-1606​ Toll Free No: 1800-266-5844 Email:care@libertyvideocon.com Website:https://www.libertyvideocon.com Facebook: http://www.facebook.com/libertyvideocon Twitter:http://www.twitter.com/LibertyVideocon Google+:https://plus.google.com/+LibertyvideoconIndia

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