Multi-year insurance policies for cars soon
Wednesday, July 25, 2018, 6:44 PM
While insurance companies have been offering multi-year policies for two-wheelers for some-time now, there are no such policies for four-wheelers. This might change soon, as the Supreme-Court has directed the Insurance Regulatory and Development Authority of India (Irdai) to decide on making third-party motor-insurance “mandatory” by 1 September, PTI reported. The court said this while referring to the recommendations of the SC-Committee on Road-Safety.