Tag: 5 years vehicle insurance

motor cover insurance for cars and scooters - vector image having text with scooter and car

IRDA Proposes Motor Cover for 3 years for Cars and 5 years for 2 Wheelers

The Indian Insurance Regulatory and Development Authority (IRDA) has asked for the withdrawal of long term comprehensive package cover for two wheelers and private cars. This was based out of concerns arising out of policyholder sentiment of being stuck with Insurers, despite deficient service.

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