Revised Motor Third Party Liability Premium Rates
28 Mar, 2014 04:04 PM
 
IRDA has revised Third Party Premium Rates of Motor Insurance with effect from 1st April, 2014.

Following is the summary of TP premium increases.

1. Pvt Car: 20%

2. Two Wheeler: 10%

3. GCV4 Public: 10%

4. GCV4 Private: -10%

5. GCV3 Public: 10%

6. GCV3 Private: 15%

7. Taxis: 20%

8. Buses: No Change

9. PCV3: 10%
 
Source : IRDA Website
http://www.irda.gov.in/ADMINCMS/cms/frmOrders_Layout.aspx?page=PageNo2247
 



© Copyright Loyal Insurance Brokers Ltd 2008. License code no. DB 328/05. All Rights Reserved. Insurance is subject matter of Solicitation.