Скачать или смотреть Motor Insurance Explained-Why Compulsory Liability Coverage is Essential

In this episode, we explore the basics of compulsory third-party liability insurance under the Motor Vehicles Act. This episode outlines the legal requirements, coverage provisions, and real-world implications of not insuring your vehicle. You'll learn:
• What qualifies as a "motor vehicle" under the Act
• Why third-party insurance is mandatory
• The types of losses and liabilities covered
• Real case examples of compensation awarded
• The role of Motor Accident Claim Tribunals (MACT)
• Legal consequences of driving without valid insurance
Chapters:
00:00 – Introduction
01:01 – Overview of the Motor Vehicles Act
04:06 – Mandatory Insurance Requirement (Section 146)
05:00 – Penalties for Driving Without Insurance
06:42 – What Does Third-Party Insurance Cover?
09:48 – Understanding “Unlimited Liability”
11:27 – How Compensation is Calculated and Real-Life examples
14:06 – Role of Motor Accident Claims Tribunals (MACT)
17:11 – Insurance for Hazardous Goods Carrying Vehicles (Note)
17:57 –Conclusion
This episode is a must-watch for all vehicle owners and drivers who want to understand their legal obligations and protect themselves against potentially massive liabilities.

💡 Why watch this series?
Many people feel insurance is either unnecessary or too complicated. This series demystifies general insurance — including motor, health, and property — so you can make informed decisions and avoid claim rejections.
📚 About the Series:
Bhaskar’s “Insurance for You and Me” simplifies general insurance for everyday people. From choosing the right policy to understanding claims, we cover it all — clearly and practically.