2 Third party motor insurance, also known as an `act only' cover, only covers the liability from damage in the form of death or property damage caused to a third party.
3 Third-party insurance does not cover the death of or injury to the owner of the vehicle, and any losses incurred thereof.
4 Premium on thirdparty liability cover used to be set by the Irdai. Now motor insurance companies are free to set the premium, which is usually low.
5 Third-party insurance claim is entirely fault-based, as the third party needs to prove that the policyholder was responsible for the damage caused.
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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