IRDAI wants motor insurance cos to give ‘pay as you drive’ choice to customers
IRDAI issues a master circular on General Insurance business repealing 13 circulars as part of reforms.
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1 out of 3 customers choosing Pay As You Drive car insurance: PolicyBazaar
Three out of four customers renew their Pay As You Drive (PAYD) policies, says report.
Govt releases draft third-party motor insurance rules
The base premium rates for motor third-party insurance cover have been proposed at ₹2,094 for private cars below 1,000 cc.
IRDAI allows 'pay as you drive' motor insurance
The insurance regulator has allowed floater policy for vehicles belonging to the same individual owner for two wheelers and private cars.
