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IRDAI seeks to penalise uninsured vehicles

ET Now / Mar 06, 2023, 19.18 PM IST

If a person owns a motor vehicle and if his vehicle is not insured, he would receive a fine from the state transport department. Insurance regulator IRDA has come up with the zero tolerance plan for motor insurance. The IRDA is planning 100 percent for vehicle insurance. In the recent IRDA meet, zero insurance plan has been decided.

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