Long-term Third-Party, Own Damage motor insurance cover proposed: Know proposed features, price, pre

[IndiaInsurance]

https://img.etimg.com/photo/96082678.cms (https://economictimes.indiatimes.com/wealth/insure/motor-insurance/long-term-third-party-own-damage-motor-insurance-cover-proposed-know-proposed-features-price-premium/articleshow/96082678.cms)In order to allow the policyholders a wider choice, IRDAI has proposed to permit all general Insurers to offer long-term motor insurance policies — a) 3-year in respect of private cars co-terminus with motor Third Party Liability cover, b)5-year in respect of two-wheelers co-terminus with motor Third Party Liability cover.

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