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.
The insurance regulator has allowed floater policy for vehicles belonging to the same individual owner for two wheelers and private cars.
As compared to Q1 2021, the average term insurance prices have risen by 9.75% in the term index value in the quarter under consideration.
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IRDAI makes personal accident cover voluntary from January 1, 2019.
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