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Personal family critical care parental care and her care. It is mandatory to take motor insurance policy for all vehicle owners as per motor vehicle act 1988it safeguard against accidental damage or theft of the vehicle and also safeguard against third party legal liability for bodily injury andor property damageit also provides personal accident cover for owner driver occupants of the vehicle. Car insurance is a contract between a car owner and an insurance company wherein the insurance company promises to protect the car owner from financial losses relating to hisher car arising due to a misfortunate event like road accident theft fire natural calamities man made calamities vandalism etc.
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