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| 23 September, 2020, 05:01 AM IST | E-Paper
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    Motor Insurance

    Vehicle insurance policies must be renewed on time: General Insurance Council

    The Council said the, "The MoRTH letter on August 24, 2020 advising state governments over the validity of vehicle papers only extends to fitness certificates, permits, driving licences, and registration certificates.

    Can’t reject motor claims for want of PUC: IRDAI

    Irdai has said insurers cannot reject motor claims on the grounds that the vehicle does not have a valid PUC (pollution under control) certificate. A statement has been issued by the insurance regulator to this effect on Wednesday.

    You need to have a valid PUC certificate to renew your motor insurance: IRDAI

    The emission levels are fixed for motor vehicles in India. Once the vehicle undergoes the PUC test successfully, a certificate is provided to the vehicle owner. It helps you to know that your vehicle’s emissions are in alignment with standard pollution norms.

    Can NCB discount be claimed when buying motor insurance policies issued under sandbox regulations?

    Under the regulatory sandbox guidelines, many insurers have come up with new motor insurance policies based on the concept of how much you actually drive your car. These types of motor insurance policies can help you save on premiums significantly.

    'Pay as you drive' vs 'Pay as you use' motor insurance policy: Which can be more beneficial?

    'Pay as you drive' vs 'Pay as you use' motor insurance policy: Which can be more beneficial?

    You should know that these pay as you use or pay as you drive motor covers come under the sandbox regulations due to which the policies will have c

    New vehicle owners will have to buy these insurance covers as long-term motor policy will go from Aug 1

    Customers buying new vehicles will likely have to mandatorily buy a 3- or 5-year long-term 3rd-party motor insurance for cars and two-wheelers, respectively. They also have the option to buy a standalone annual OD policy separately from any insurer.

    Does your motor insurance policy cover damage during riots?

    The motor insurance policy document always mentions the coverage, exclusions and exceptions in the terms and conditions. The amount of reimbursement of damage cost that you are entitled to at the time of claim depends on various factors.

    Owning a vehicle to cost less as ‘forced’ covers go

    India’s insurance regulator has withdrawn all long-term packaged third-party and own-damage policies that insured cars for three years and two-wheelers for five years, arguing that these covers were forced upon customers and raised the on-road prices of new vehicles.

    Tata AIG's new usage-based motor insurance can help save premium

    Tata AIG's new usage-based motor insurance can help save premium

    The usage-based insurance (UBI) private car policy for car owners is launched under the IRDAI’s Regulatory Sandbox regulations. It is personalized,

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