Motor insurance update: If you are going to renew the motor insurance premium of your car or bike, then keep in mind that the policy will now be renewed only online. According to sources, the insurance regulator IRDAI has made it mandatory to check fake policies. Through this decision, an attempt has been made to completely curb fake motor insurance. There have been many such cases from across the country, in which it was found that customers take motor insurance policies initially, but when they go to claim claims, they come to know that the policy they have is fake and give them the wrong policy. has been given.
How customers get cheated by Insurance Agent.
Actually, when you go to buy a motor insurance policy, then policies are offered to you even at a low price. On behalf of those who are 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 such problems in mind, the insurance regulator has decided that now motor insurance policies can be renewed online.
The medium will be renewed online only.
According to the information received from the sources, whether you renew sitting at home or in the offices of companies, it will be done in online mode only. Whether it is a mobile app or a portal, your agent will renew the motor insurance policy right in front of you.
IRDAI has also started a campaign to bring awareness among the people regarding this. A QR code will be given on the policy you will be given. When you scan this code from your phone, all the details related to the policy i.e. your name, vehicle number and other information will be revealed.
You can verify the policy with the QR code. That is, the premium you have paid is correct, you can verify it. This decision of IRDAI is being considered as a big step. This will give a big relief to both the customer and the insurance companies.