Question

From the four answers given, Choose the appropriate answer.

All motor vehicles are required to have third party insurance. Any vehicle not using a mechanical device is not a motor vehicle.
Which of the following is a correct derivation from the above?

विकल्प

• All Third Party Insurances relate to motor vehicles

• Vehicles not using mechanical device need not have Third Party Insurance

• All vehicles must have Third Party Insurance

• None of the above.

Answer 1

Vehicles not using mechanical device need not have Third Party Insurance

Explanation:

Vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.