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Motor third-party liability insurance (English)

Motor Third Party Liability Insurance (MTPL) ensures that damage to third party health and property caused by an accident for which driver and/or owner of the car were responsible is covered. A policy may be taken out by the owner of a vehicle or by a lawful possessor authorized by the owner on behalf of the owner. Compulsory MTPL Insurance is a financial protection system built to prevent any grievance that third parties could face, due to lack of...
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Citation

Gonulal,Serap.

Motor third-party liability insurance (English). Primer series on insurance ; issue no. 16 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/934881468163480768

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