Indian Motor Tariif Act
dhiraj
(Querist) 02 September 2009
This query is : Resolved
As per Indian Motor Tariff act, package policy with short period can be issued. Also as per act, short period cover is not allowed for Liability product.
Can insurance company issue liability product with short period if it collects full premium.
Relevant Provision:-GR.12. Premium Rates for Short Period Cover
Gulshan Tanwar
(Expert) 14 January 2011
No one answered the query, pity!!! I am not having time these days will be back to LCI after sometime and then only can answer the same.