IRDAI commission norms: motor-insurance proposal deadline stays 25 Oct

IRDAI chair Ajay Seth says proposed insurance-distribution norms are meant to avoid disruption and the 25 Oct feedback deadline…

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VEHICLE INSURANCE IRDAI Commission Proposal Deadline Stays In View The chair-level update keeps the 25 Oct feedback window in focus while the motor-insurance proposal remains a…
WHAT CHANGED Chair Signals Orderly Transition Ajay Seth said the proposed norms are not intended to disrupt any market segment.
MOTOR COVER Third-Party Cap Could Be Nil 0% TP The draft proposes nil distribution-entity commission on new-vehicle third-party cover.
WHAT IT MEANS Current Policies Stay Under Existing Rules The consultation has not changed premiums, renewals or active policy terms.
READ THE FULL STORY What Vehicle Owners Should Check Read the proposal, timeline and practical renewal checks before any final rule.
READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.