Tuesday, June 9, 2020

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India’s insurance regulator has withdrawn all long-term packaged third-party and own-damage policies that insured cars for three years and two-wheelers for five years, arguing that these covers were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.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/owning-a-vehicle-to-cost-less-as-forced-covers-go/articleshow/76291279.cms

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