News From Press Double whammy for policyholders! Insurer may deny claim of your stolen vehicle

Double whammy for policyholders! Insurer may deny claim of your stolen vehicle

Source: Economic Times Jul 19, 2018

New Delhi: Is it necessary to produce two original keys to an insurance company to get compensation if a vehicle is stolen? While the insurance regulator, IRDA, doesn’t specify this and leaves it to individual companies, most of them follow this as a norm citing cases of fraudulent claims.

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