Report of the Working Group (WG) to examine and recommend linking of motor insurance premium with traffic violations

Last updated: 19 January 2021

Notice Date : 18 January 2021

INSURANCE REGULATRY AND DEVELOPMENT AUTHORITY OF INDIA

Ref. No.-

Date : 18-01-2021

Exposure Draft

Re: Report of the Working Group (WG) to examine and recommend linking of motor insurance premium with traffic violations.

A Working Group was set up by the Authority vide order Ref: IRDAI/NL/ORD/MISC/153/09/2019 dated 6th September, 2019 to examine and recommend linking of motor insurance premium with traffic violations.

The Working Group has submitted its report and addendum in which it has made various recommendations.

We now place the report and addendum to the report of the Working Group and seek the valuable inputs of all stakeholders on the recommendations made in the report. Please give your feedback in the attached format on or before 1st February, 2021 to nl-products@irdai.gov.in with a copy marked to sagar.bangal@irdai.gov.in.

(Yegnapriya Bharath)

Chief General Manager (Non-Life)

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