No deadline extension for motor insurance policies
The Centre may have advised state governments to extend the validity of all vehicle-related documents up to December 31, 2020. According to a clarification from the General Insurance Council,…
The Centre may have advised state governments to extend the validity of all vehicle-related documents up to December 31, 2020. According to a clarification from the General Insurance Council,…
Preface: With new liberalization policies encouraging FII (Foreign Institutional Investment), Automobile giants all over the world started establishing their base in the Indian Automobile Market with companies like Hyundai, Ford,…
The Authority had issued the following circulars with regard to the captioned matter: Circular Ref: IRDAI/NL/CIR/MOTP/158/09/2018 dated 20th September, 2018. Circular Ref: IRDA/NL/CIR/MOTP/170/10/2018 dated 9th October, 2018. 2. Feedback has been received…
General Regulation (`GR`)-36 of India Motor Tariff(`IMT`), 2002 mandates General Insurance Companies carrying on motor insurance business to provide Compulsory Personal Accident (CPA) Cover for Owner-Driver under both Liability Only and…
Motor insurance contracts are subject to the basic principles applicable to property and liability insurance in general. The practical applications of these principles in motor insurance are examined under the…
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were: