IRDA NOT to raise 3rd party premiums

Nimalan · 21st May 2019, 07:26

Just a day after the conclusion of polls, IRDAI proposed an increase in TP motor insurance premium! No change in long term premium rates for cars and 2 wheelers.

IRDA NOT to raise 3rd party premiums-th21carcol.jpg

Source: http://www.thehindu.com/business/thi...le27189640.ece

Sherlocked · 20th July 2020, 10:33

Zee Business says IRDA might not increase 3rd Party premium this year. Although not official yet but this is due to the fact that many policies have not been renewed this year due to Covid situation. The insurance premium was proposed to be increased by 10-20% this year.

21st May 2019, 07:26	#16
Nimalan BHPian Join Date: Mar 2019 Location: TN Posts: 91 Thanked: 171 Times	Re: IRDA NOT to raise 3rd party premiums Just a day after the conclusion of polls, IRDAI proposed an increase in TP motor insurance premium! No change in long term premium rates for cars and 2 wheelers. Source: http://www.thehindu.com/business/thi...le27189640.ece
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20th July 2020, 10:33	#17
Sherlocked BHPian Join Date: Jan 2013 Location: Jaipur Posts: 688 Thanked: 1,812 Times	Re: IRDA NOT to raise 3rd party premiums Zee Business says IRDA might not increase 3rd Party premium this year. Although not official yet but this is due to the fact that many policies have not been renewed this year due to Covid situation. The insurance premium was proposed to be increased by 10-20% this year.
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