third party insurance
Motor Vehicles : The Road Killers
In the past few years, the number of registered vehicles, road accidents vis-Ã -vis the casualties and injuries to people have created a history. It is not death alone that is alarming. The number of people injured had almost doubled involving serious injuries of skull and limbs leaving them physically and mentally handicapped for life. Read more
Third Party Insurance is Pre-Requisite to Motoring on Indian Roads
The Claimant is also entitled to seek additional compensation on fault basis and this compensation is available without any limits on the basis of the earning capacity and age of the victim or dependants. Read more
BLEEDING MOTOR PORTFOLIO ( GENERAL INSURANCE )
Now a days every General Insurance Company is talking about bleeding motor portfolio and coming out with emphasis on restricting motor portfolio and to increase in other portfolios and adopting various strategies, for example: Read more
Motor Third Party Fraud Claims – How to counter losses
1. Many news are making headlines regarding motor third party claim like “Insurance companies are bleeding as far as motor T.P. claims are concerned, companies are paying interest in lakhs on the above claims per day. The incurred claims rates for motor T.P. claim is 300% and above. Read more