Current Affairs - Miscellaneous - Discussion
Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 4700)
4700.
How many lakhs did IRDA Raised Minimum Driver Insurance Cover for the road accident victims?
Answer: Option
Explanation:
Insurance Regulatory and Development Authority raised the minimum insurance cover for owner-driver to Rs. 15 lakh for a premium of Rs. 750 per annum, a move to provide some succour to road accident victims. Currently, the capital sum insured (CSI) under this section for motorized two-wheelers and private cars/commercial vehicles is Rs. 1 lakh and Rs. 2 lakh, respectively.
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