IRDA increases Motor Third Party Premium Rates
IRDA has revised the Motor Third Party Premium w.e.f 01.04.2016 and thereafter all the policies commencing on or after 31th midnight (12’00 clock) will have these Third Party rates. 1. Class of Vehicle – Private Car Premium in Rs. a) Not exceeding 1000cc 2055 b) Exceeding 1000 cc[…]