Yes, in India third-party insurance for car is mandatory for a period of 3 years. All car owners are required by law to have this type of insurance for their vehicles for a period of 3 years from the date of registration. This is done to ensure that people who cause accidents and damage to others are financially responsible for those damages. The third-party insurance must be renewed every year and it covers the liabilities of the policyholder for any damage caused to a third party in case of an accident. This can include damages to other cars, injury or death of third parties and any property damage caused by the insured vehicle.