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Suppose in 3rd party policy, someone dies or may be some loss occurs, then who will pay money and how much money can be paid ?
Suppose in 3rd party policy, someone dies or may be some loss occurs, then who will pay money and how much money can be paid ?
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Thankachan John, Rtd Motor Vehicles Inspector, Insurance Surveyor and Accident Investigator 
Answered on September 18,2020
The insurance company of the accused vehicle owner pays compensation. Provided the vehicle had valid documents and the accused driver has valid driving license.
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