Mandatory Third-Party Liability Insurance for Motor Vehicles (MTPL)
MTPL is a legally required insurance for every holder or owner of a motor vehicle. The obligation to obtain MTPL arises on the day the vehicle is registered in the vehicle registry. As part of the MTPL insurance, the Green Card (International Motor Insurance Card) must be issued without delay.
MTPL covers:
- Damages caused by you to other vehicles
- Injuries and fatalities of persons
- Costs related to damage, destruction, and theft
- Legal representation costs
- Loss of profit expenses