motor insurance

Further to Circular Ref: IRDAI/NL/CIR/MOT/079/04/2020 dated 2nd April, 2020, it is hereby informed that the Department of Financial Services, Government of India has issued Notification dated 15th April, 2020 wherein…

Introduction Change is the only thing that is almost always constant. Organisations have to keep revamping their business strategies from time to time to grow their business and capture a…

Health overtakes Motor: Year 2020 will forever be remembered as a decisive, dreadful & most disruptive time in the history. The pandemic is still frightening and cases are rising every…

Third party liability insurance of vehicles is a social security mechanism designed by the modern societies to protect the victims of road accidents. It also provides security to the owners…

General Insurance Companies enter into service agreements with motor workshops/garages for the purpose of providing motor insurance claim services for repair of accident vehicles. It is noticed that the service…

Road accidents are a common incidence, but during monsoon, the chances of an accident become higher owing to waterlogging, slippery roads, & poor visibility. It has also been observed that…

Prologue: The Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC) evidently states that human activity is causing unprecedented, and sometimes irretrievable &irreversible, climatic changes. That report says…

Here are 10 FAQs on Motor insurance in India:   1. Is motor insurance mandatory in India? Yes, as per the Motor Vehicles Act of 1988, it is legally required…

  1. What is motor insurance? Motor insurance is a financial safety net for your vehicle. It protects you from having to pay for repairs or replacements out of pocket…

Non-life insurance companies’ premium fell 3.7 per cent on-year in August, after rising for 10 straight months, led by a substantial fall in crop insurance premiums. In the year-ago period,…