The sum insured of a vehicle in a Motor Policy is referred to as the I new india assurance car insurance contact number.D.V.,. Extend full cooperation to the surveyor and/or investigator appointed by the auto insurance tonawanda ny. It is the Scheme formed by the Central Govt do you have to have full coverage insurance on a new car. to provide compensation to the victims of "Hit and Run " motor accident. The amount of compensation is Rs. 25,000/- in the event of death and Rs. 12,500/- for grievous hurt.
new india car insurance details
The New India Assurance, a reputed insurance player in Chennai has already gotten 610 claim requests for vehicles alone swinton car insurance free phone. They keep reiterating that it would be easier if the owners with sunken or damaged cars due to the floods notify them immediately so as they can send an examiner to assess the extent of damage. As Mr. C Jegatheesan, the Regional Manager of the New India Insurance said, there are some unique cases in which the company might consider the claims that are not in compliance with the norms. Two New Motor Insurance Products to be Launched by New India Assurance New India Assurance plans to launch four new products in the fiscal year 2016, two in the motor insurance segment and two in the health segment.
Srinivasan added that the four new products have been filed with IRDA and are waiting to be approved. He said that the company would focus on retail, which is a big part of his business and expected a 15-16 percent industry growth in the current fiscal year. New India Assurance and GIC Re Set to be Publically Traded Companies The Government of India has floated the idea of listing the shares of New India Assurance and General Insurance Corporation of India (GIC Re) for public trading from the next financial year. The Government’s agenda is to raise additional funds by diluting its stakes in the aforementioned public sector companies, a fact that was left open for interpretation in the meeting held as on January 30, 2015. A.M Best. New India has a prominent position in India’s non-insurance market and the exceptional ratings speak volumes about its strong risk adjustment capitalization. New India has had an impeccable business profile, posting favorable results in the fiscal year 2013-2014 with stupendous growth. Despite the entry of competitors, New India also ranked second in terms of direct premiums in the motor insurance sector.