Big news on Motor Insurance! The policy will now be renewed online only

Motor insurance update: Through this decision, an attempt has been made to curb Fake Motor Insurance completely.

Motor insurance update: If you are going to renew Motor Insurance (Motor Insurance) premium for your car or bike, then keep in mind that the policy will now be renewed online only. According to sources, the insurance regulator IRDAI has made it necessary to ban the fake policy. Through this decision, an attempt has been made to curb Fake Motor Insurance completely. There have been many such cases from across the country, in which it was found that the customers of motor insurance take the policy in the beginning, but when they go to claim, they find that the policy they have is fake and give them the wrong policy. Has been given.

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How customers get cheated

Actually, when you go to buy a motor insurance policy, policies are also offered to you at a low price. On behalf of those unauthorized agents, it is said that the market rate is Rs 20,000, we renew you for Rs 15 or 17 thousand. Insurance companies were also upset due to many such cases. Keeping in mind this kind of problem, the insurance regulator has decided that now motor insurance policies can be renewed online.

The medium will be renewed online (The medium will be renewed online)

According to the information received from sources, whether you renew or sit at home or in the office of companies, it will be in online mode only. Whether it is a mobile app or portal, your agent will renew the motor insurance policy right in front of you.

IRDAI has also started a campaign to create awareness among people about this. A QR code will be given on the policy given to you. When you scan this code from your phone, all the details related to the policy i.e. your name, car number and other information will be revealed.