August 06, 2021 6:25 pm
To make sure that your vehicle does not suffer any major damage due to waterlogging across the city, it is important that you do all major checks before taking the vehicle out.
May 13, 2021 1:58 pm
Numerous people bought a term or health insurance policy fearing they might get infected with the virus anytime and may need hospitalisation or probably even die if the conditions worsen.
September 27, 2020 12:54 am
According to data released by Irdai, total motor business premium fell to Rs 22,253 crore in the five months ended August 31, 2020 from Rs 26,406 crore in the year-ago period.
July 21, 2020 1:22 pm
The honourable Supreme Court of India in its order issued in August 2018 had directed making long-term motor third-party (TP) policy mandatory for vehicles. As per IRDAI’s directive, general insurer companies could only sell only three kinds of motor insurance policies.
April 16, 2020 11:44 am
The renewal dates of health and third party motor insurance which fall during the period of March 25 to May 3, can now be renewed till May 15, the Office of Finance Minister Nirmala Sitharaman tweeted a circular dated April 15.
November 27, 2019 4:38 am
A ‘named driver policy’ as an automobile insurance policy provides coverage only for drivers specifically named on the policy and not for other individuals driving the vehicle.
May 14, 2019 4:01 am
The regulator has capped payments by insurers to agents and dealers at 19.5 per cent for cars and 22.5 per cent for two wheelers and brought them under its purview as motor insurance service providers from November 2017.
September 01, 2018 1:25 am
The GI Council also pointed that the entire industry is now busy settling claims on account of Kerala floods which has triggered claims worth over Rs 1000 crore.
December 04, 2015 6:05 pm
However, while it is mandatory for all vehicles to be insured, claim rejection is one of the biggest issues faced by customers.
March 19, 2014 1:47 am
According to a top level source in one of the affected companies the new orders could come well after the elections are over.