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News From Press Irda clarifies motor insurance guidelines

Irda clarifies motor insurance guidelines

Source: ET Jan 12, 2018

The insurance regulator today further clarified the guidelines on motor insurance asking automobile dealers who have turned into motor insurance service provider and insurance intermediary not to enter into an agreement with the original equipment manufacturers which has an influence on the sale of motor insurance policies. This has opened up auto dealership to the entire insurance industry.

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