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Good news for car, bike owners! IRDAI cuts motor third party premiums for some categories

There is good news for car and two-wheeler owners. Insurance Regulatory and Development Authority of India (IRDAI) has proposed to reduce third party (TP) premiums for FY19 in certain segments starting April 1. After the revision TP premiums for cars less than 1000cc and two-wheelers under 75cc will come down by 10 percent and 25 percent, respectively. In several categories (as per ... Read More »