IRDAI asks general insurers to ensure easy availability of third-party motor insurance cover

IRDAI has directed general insurers to ensure easy availability of third party motor insurance cover to vehicle owners, to help states in implementing the Supreme Court order on road safety.

IRDAI has also asked the insurers not to deny any request for third party insurance cover by vehicle owners.

This circular follows complaints made by the states that cumbersome process of obtaining third party insurance is hampering implementing the Supreme court order.

The Supreme Court Committee on Road Safety had directed the states and union territories to periodically carry out checks to see whether vehicle owners have third party insurance cover. The order further said that in case the vehicles are not covered by Motor TP, they should be detained till valid third party insurance certificate is produced by the vehicle owners.

It also asked them to liaise with the police authorities to facilitate issue/renewal of third party liability policy to owners of the vehicles who are not having third party cover.

The insurers have also been asked to provide facility to make available facility for obtaining online Motor TP policy.