Motor Insurance Claims

CBIC clarifies on taxability of salvage value in motor insurance claims

General insurers have to pay GST liability in case of disposal or sale of the salvage after settling the claims

Renewing motor policy on time is more cost-effective and hassle-free option

If you let it lapse and renew later, you will lose out completely on the no-claim bonus

Irdai withdraws long-term package covers in motor sector over affordability

Regulator also says insurers are facing issues in offering the product

Need to renew your bike insurance? Read this expert advice before deciding

You should approach an insurance company of your choice and get an insurance cover for your vehicle immediately. The insurance company may want to inspect your vehicle

GIs awaiting guidelines for SC order on PUC-motor cover link

Motor insurance claims up to Rs 15,000 can be settled immediately