Madras High Court order to make five year motor cover mandatory could push vehicle costs higher - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Madras High Court order to make five year motor cover mandatory could push vehicle costs higher

Insurers aren't yet sure if that would mean premium for five years being collected upfront. There is also confusion over the Court's usage of bumper-to-bumper insurance, which can either mean comprehensive insurance or a zero depreciation policy.

from Industry-Economic Times
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