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Car Insurance in Pakistan

What Are 2T 3T and 5T & Why Are They Important

Posted by Admin on 28 Feb 2022

What Are 2T, 3T, and 5T, And Why Are They Important

While browsing through the insurance policies, you might have encountered the terms 2T, 3T, and 5T. These terms might have sparked your curiosity. Let’s Compare is here to let the cat out of the bag.

Many companies give a lot of coverage options for different vehicles. These covers help protect the vehicle and the driver. There are many coverage options necessary and available for cars. These coverages include 2T, 3T, and 5T. These coverages refer to the range of cover a company provides. Let’s look at what they cover.

2T Cover

The 2 T’s in the 2T cover refers to the protection against Theft and Third-Party Loss. It covers the vehicle in case of theft and reimburses the cost. It also covers Third-Party Loss. It is the most basic coverage. In Pakistan, vehicle owners must have this cover. 

3T Cover

3T cover includes two previous covers in 2T cover and Total Loss. If your car gets into an accident and is damaged beyond repair, the insurance company reimburses it. Total Loss and Theft cost is covered according to the insured value or market value. The choice is made considering which one costs lower at the moment. 

5T Cover

This cover is topped with the Tracker and the Terrorism cover. In the event of terrorism, if your vehicle is damaged, your insurance company reimburses for the cost of those damages. TPL insurance policy offers Tracker in 5T Package. The trackers help you locate your vehicle anywhere, anytime. This is especially useful in an event of theft.


Now that you know about the 2T, 3T, and 5T, you can choose and customize the perfect plan for yourself. Let’s Compare brings you all the plans from the 10 best insurance companies in Pakistan, including TPL Insurance. Go to our website and select the best insurance policy for your vehicle!


 

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What Is Commercial Vehicle Insurance

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Fire Insurance in Pakistan

Fire Insurance And Its Features In Pakistan

Posted by Admin on 24 Jan 2023

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