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  • News From Press Insurers can now sell motor third-party cover online

    Insurers can now sell motor third-party cover online

    Source: Business Line Jan 2, 2018

    You can now buy the mandatory Motor Third Party (TP) liability policy online, according to a directive from the insurance regulator.

    The Insurance Regulatory and Development Authority of India (IRDAI), on Monday, directed all general insurers to sell third-party cover online along with other regular channels.

    “Insurers shall also liaise with the police authorities to facilitate issue/renewal of third-party liability policy to owners of the vehicles,’’ it said in the circular.

    The insurers should also ensure easy availability of motor TP insurance and in no case can a request for it be denied, it added.

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