From NDTV
Center-Right Owned by Adani Group (AMG Media)No More One-Size-Fits-All: How The New IRDAI Framework Will Reshape Your Motor Insurance Bill
What's behind this
From 15 December 2026, the Insurance Regulatory and Development Authority of India (IRDAI) will implement a four‑layer motor insurance structure for private cars and two‑wheelers, giving owners the option to select specific cover levels that match their needs. The regulator also requires insurers to provide a customer option form and transparent premium disclosures, enabling buyers to understand the protection offered and make informed choices.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
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right · 2 outlets
From 15 December 2026, car and two-wheeler owners will get four clearly defined motor insurance cover options. IRDAI mandates a customer option form and transparent premium disclosures, helping buyers understand available protection and make informed choices.
— Livemint
RSS excerpt
According to the IRDAI, policy documents must clearly specify the coverage available under every component and the premium payable for it.
