The Economic Times
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| 11 August, 2020, 09:19 PM IST | E-Paper

    Motor Insurance

    Can NCB discount be claimed when buying motor insurance policies issued under sandbox regulations?

    Under the regulatory sandbox guidelines, many insurers have come up with new motor insurance policies based on the concept of how much you actually drive your car. These types of motor insurance policies can help you save on premiums significantly.

    'Pay as you drive' vs 'Pay as you use' motor insurance policy: Which can be more beneficial?

    You should know that these pay as you use or pay as you drive motor covers come under the sandbox regulations due to which the policies will have certain limitations. Therefore, your decision should not be based solely on how much it will cost.

    New vehicle owners will have to buy these insurance covers as long-term motor policy will go from Aug 1

    Customers buying new vehicles will likely have to mandatorily buy a 3- or 5-year long-term 3rd-party motor insurance for cars and two-wheelers, respectively. They also have the option to buy a standalone annual OD policy separately from any insurer.

    Does your motor insurance policy cover damage during riots?

    Does your motor insurance policy cover damage during riots?

    The motor insurance policy document always mentions the coverage, exclusions and exceptions in the terms and conditions. The amount of reimbursement

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    India’s insurance regulator has withdrawn all long-term packaged third-party and own-damage policies that insured cars for three years and two-wheelers for five years, arguing that these covers were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

    Tata AIG's new usage-based motor insurance can help save premium

    The usage-based insurance (UBI) private car policy for car owners is launched under the IRDAI’s Regulatory Sandbox regulations. It is personalized, affordable and offers a customized solution towards your driving profile.

    Edelweiss launches driver-based motor insurance: Now you can switch on your policy when needed

    Edelweiss SWITCH has been developed with the specific needs of today’s customer in mind, where you may not use your vehicle regularly or may choose to alternate between your car and two-wheeler.

    You can now buy a motor insurance policy using the Flipkart app

    The Insurance industry of India has witnessed significant growth in the past few decades. With the introduction of new products and plans, it has not only helped consumers by providing financial protection but also contributed to the nation's economy

    BHARTI AXA General Insurance to offer ‘pay as you drive’ motor insurance policy

    BHARTI AXA General Insurance to offer ‘pay as you drive’ motor insurance policy

    Notably, Bharti AXA General Insurance’s proposal for a usage-based motor insurance product was shortlisted by the Insurance Regulatory and Developme

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