Stiff fines drive third-party motor insurance business - Business News, Finance News, Share Market News - Market trendz

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Monday, 21 October 2019

Stiff fines drive third-party motor insurance business

Insurers said that the stricter enforcement of penalties by the police has led to this massive surge in customers buying mandatory third-party motor insurance. Under the new provisions, driving an uninsured vehicle will lead to a fine of Rs 2,000.

from Banking/Finance-Industry-Economic Times
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