motor insurance

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,…

Government has proposed not to revise the annual motor third party (TP) premium and even suggested a reduction of premium in a couple of segments in FY 2023-24, which will…

The health insurance segment is on track to cross the Rs 1-trillion mark during the current financial year as the total premium already crossed Rs 90,000 crore in the previous…

More than 50% of vehicles on Indian roads are operating without the mandatory thirdparty insurance. This was disclosed by the government in response to a Parliament query. Minister of state…

Motor insurance premiums, riding on higher vehicle sales and repricing of third-party premiums, have compensated for the normalisation of growth in the health segment. This comes despite health insurance premiums…

PhonePe, India’s leading digital payments platform today announced the launch of its integrated multimedia brand campaign focused on tension-free motor insurance renewals. This pan-India campaign will be launched in a…