Auto Rickshaw Insurance
The auto rickshaw is a common form of urban transport both as a vehicle for hire and for private use in many countries around the world.
Auto rickshaw insurance. An auto rickshaw is a motorized version of the pulled rickshaw or cycle rickshaw. Its mandatory for all auto owners to at least have a third party auto rickshaw insurance to financially protect them from third party liabilities and even better to have a comprehensive auto rickshaw policy to cover for own damages that can be caused due to accidents collisions natural calamities fires and other such mishaps. Apart from buying third party insurance it is better to buy a comprehensive auto rickshaw insurance plan specifically when the auto rickshaw is used daily and is an integral part of the business. They are known by many terms in various countries including auto baby taxi pigeon bajaj chand gari lapa tuk tuk 3wheel or tukxi.
Most have three wheels and do not tilt. Comprehensive auto rickshaw insurance will secure the auto and the owner driver from any damageloss which may be caused due to any natural calamity. The maharashtra state department has decided to give pension to the licensed auto rickshaw drivers above 60 years of age. The scheme will also cover their spouse as well.
The pension scheme is beneficial for auto rickshaw drivers as they do not have any pension benefits once they stop driving.