From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Irdai mandates four-tier structure for motor insurance from Dec 15
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 1 outlet
IRDAI has operationalized a new four-layer motor insurance framework that takes effect on December 15, 2026. This structure separates mandatory third-party liability and personal accident cover from optional components for vehicle owners. Insurers must provide a Customer Information Sheet and obtain…
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right · 2 outlets
Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to select separate covers, including mandatory third-party liability and optional personal accident cover. Existing policyholders can add occupant liability coverage…
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Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to select separate covers, including mandatory third-party liability and optional personal accident cover. Existing policyholders can add occupant liability coverage…
