On February 15, 2022, the Ministry of Road Transport and Highways issued the latest amendments to the Central Motor Vehicles Act Rules, 1989. These amendments aim to enhance safety measures for road transport. They are effective from 1st April 2022. What are the amendments to the Motor Act? There have been 2 recent amendments to […]
Articles Tagged: Third-party insurance
IRDAI proposals gives clarity on renewing own damage motor insurance policy
Published in Economic Times. The Insurance Regulatory and Development Authority of India (IRDAI), on Monday, proposed a slew of changes that, if implemented, can make long-term motor insurance policy a simpler product. It also gave much needed clarity regarding buying and renewing own damage motor insurance covers. Expiry of the OD cover should not be […]