What is the additional premium charged for including the coverage for employees traveling in their employer's vehicle in motor insurance policies, according to IRDAI's directive?
Insurance Regulatory and Development Authority of India (IRDAI) has directed insurance companies providing motor insurance to compulsorily include an inbuilt feature in the Third Party policy (TP) that will give coverage to employees who travel in their employer's vehicle.IRDAI also added that no additional premium will be charged until further directions are issued. This applies when issuing third-party insurance as per the IMT-29 of the Indian Motor Tariff and when issuing insurance to private car policies for such vehicles. The insurance coverage will be provided as an inbuilt feature under the compulsory Motor Third Party Liability Section of Private Car Package or Bundled Policies and under standalone policies insuring Compulsory Motor Third Party Liability.
The Centre announced 939 police medals on the eve of the Republic Day 2022. The ___________ Police has bagged the highest number of medals.
NITI Aayog has released a report titled ‘Banking on Electric Vehicles in India’. The report has been developed by NITI Aayog in collaboratio...
What were the themes for Republic Day 2024, symbolizing the aspirations and democratic ethos of the nation?
RBI Innovation Hub and which of the following firm has signed a Memorandum of Understanding to give early-stage entrepreneurs with unique and disruptive...
What are the objectives of ARCUREA 2024, organized by SRFTI, NFDC, and NFAI?
When was the Liberalized Remittance Scheme introduced?
Sathyamangalam Tiger Reserve (STR) in __________ has been given the TX2 award after its tiger numbers doubled to 80 since 2010.
What was the aim of the Regional Search and Rescue exercise conducted by the Indian Coast Guard in Kakinada, Andhra Pradesh?
I. To conduct a real...
KPMG is set to invest ______ in artificial intelligence (AI) and cloud services through an expanded partnership with Microsoft.
What is the primary focus of the central government's allocation of Rs 81.75 crores for infrastructure development in Tripura?