Over the past 12 months or so, there has been the introduction of several new rules and guidelines and subsequent modifications in the motor insurance space. The end-user who owns a car or a bike and wishes to get insurance for the first time or renew an existing policy could be lost and facing confusion regarding car insurance or two-wheeler insurance.
We spoke to Rakesh Goyal, Director at Probus Insurance, on what the new guidelines implemented by IRDAI pertaining to motor insurance actually mean and how should a policyholder take cues before buying insurance.
