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Third-party motor insurance premiums could rise by up to 25%, govt review underway: Report
The Ministry of Road Transport and Highways (MoRTH) is actively reviewing a proposal to increase Motor Third Party (TP) insurance premiums, following recommendations from the Insurance Regulatory and ...
“Third-party motor insurance provides financial protection for injuries or death caused to another person, damage to someone ...
Driving without third-party insurance is a punishable offence and can attract hefty fines, imprisonment, and even vehicle seizure. More importantly, in the absence of insurance, the vehicle owner ...
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