Close ILTakeCare Suggestion
IL TakeCare app – For all your insurance & wellness needs

Policy purchase, claims, renewal & more

 

Is CTP Included in Comprehensive Insurance?

CTP Insurance covers costs related to a third party's injuries after an accident. Learn CTP is included or not in comprehensive insurance.

  • 10 Apr 2023
  • 3 min read
  • 513 views

The Indian law mandates that all car owners in India have a third-party insurance policy. This reduces the policyholder’s financial responsibility for any harm a third party suffers due to the insured car. A surveyor will examine the damages and verify the repair costs before the insurance company pays the claim.

A comprehensive car insurance policy is a package that covers both parties involved in an accident. It provides comprehensive coverage for damages to the insured car and third-party liabilities and policyholders. While it is not mandatory, a comprehensive policy compensates for third-party liabilities from accidents caused by the policyholder.

Difference Between CTP and Comprehensive Cover

Comprehensive insurance comes at a higher price but provides complete coverage. Its salient features are listed below:

  • complete coverage for both parties involved in an accident
  • offers additional add-ons
  • No Claim Bonus if a policyholder doesn't make a claim in a policy year

Third-party car insurance is a basic policy that covers the following:

  • offers protection to a third-party car or person who met with an accident involving you
  • personal accident coverage for your injuries, but it doesn't cover the damages to your car
  • premium rate is low and pre-determined by the IRDAI, making it a cheaper option
  • suitable for those driving an old vehicle or people who drive their car less often
  • doesn't offer any customisation options or add-ons

Although the premium is comparatively higher than a third-party insurance policy, a comprehensive car insurance plan provides a wider scope of coverage.

Is Compulsory Third-Party Cover Included in Comprehensive Insurance?

A comprehensive motor insurance policy integrates third-party coverage.

  • Comprehensive car insurance combines both third-party and own damage or first-party insurance
  • Actively provides complete protection for third-party liabilities and offers coverage for damages to the insured car from various causes like accidents, falling objects, fire, and vandalism
  • Covers damages to third-party property and accidental physical injuries
  • Covers damages to the insured car from natural disasters, such as cyclones, floods, earthquakes, and man-made disasters like thefts
  • Provides add-on covers like engine protection, medical expenses, accessories cover, and zero depreciation cover to increase the scope of coverage
  • You don’t have to purchase third-party insurance as a separate policy

Also read:

  • Car insurance online
  • Car Insurance Info
  • Car Insurance
  • Looking for tailored advice?

    Schedule a call with our insurance advisors

  • OR
  • Call us:

    1800 2666
Please enter valid name
Please enter a valid mobile number
Please select the Category

Subscribe to our newsletter

Understand insurance better by reading our helpful guides, articles, blogs and other information.

Please enter valid name
Please enter valid Email

Error message here