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IRDAI Directs to Insurers-Third-Party Motor Insurance to be Made Easily Available to Customers. The Insurance Regulatory Development and Authority of India (IRDAI) has directed all the insurance companies to make sure that the third-party motor insurance, that is two wheeler insurance or car insurance or commercial vehicle insurance, to be easily available and affordable to all.

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Two wheeler insurance is essentially a method of protecting your two wheeler from accidents, theft, natural disasters, and other such perils. The owner of the two wheeler will buy an insurance policy from an insurance company. As per this contract, the insurance company offers financial protection to the policyholder in the event of several incidents involving the insured vehicle.

Bharti AXA Car InsuranceCar insurance is the smartest way to financially secure yourself and your car. Let’s say, you own a 1-year-old standard hatchback with Insured Declared Value (IDV) of Rs. 4,00,000, but sadly, don’t have car insurance.Following are the approximate expenses that you might incur if your car was to meet with an accident of "medium impact":

Bharti AXA General Insurance is the Trusted & Award Winning General Insurance Company Offering Online General Insurance Policies for Car, Two Wheeler, Travel, Health Insurance and more.

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Online Car Insurance – Buy or Renew Car Insurance policy with Bharti AXA GI and get 24/7 Claim Assistance, Hassle-free claim settlement, 3500+ Cashless garage Network, Roadside Assistance. Get Quote!

Car Insurance Glossary – Word of the Day. Return to invoice (RTI) cover – Return to invoice cover is an add-on cover that when added to one’s base insurance policy protects the original value of the car in case of theft. In such case, under this rider, the insurer will have to pay the policyholder the original price of the car which is inclusive of the road tax and registration charges.

Car Insurance Glossary – Word of the Day. Return to invoice (RTI) cover – Return to invoice cover is an add-on cover that when added to one’s base insurance policy protects the original value of the car in case of theft. In such case, under this rider, the insurer will have to pay the policyholder the original price of the car which is inclusive of the road tax and registration charges.

Term Insurance Calculator: Use Max Life Term Plan premium calculator to calculate your term insurance premium online. This will ensure a secure financial future for your family.

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IRDAI Directs to Insurers-Third-Party Motor Insurance to be Made Easily Available to Customers. The Insurance Regulatory Development and Authority of India (IRDAI) has directed all the insurance companies to make sure that the third-party motor insurance, that is two wheeler insurance or car insurance or commercial vehicle insurance, to be easily available and affordable to all.