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The Economic Times

Top News / The Economic Times

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Irdai told to draw up plan to make 3rd-party cover must for fuel purchase

The Supreme Court ordered Irdai to pilot compulsory third-party insurance for fuel purchases. New four-wheeled vehicles will require four years of coverage, and two-wheelers six years. Police will receive devices to verify insurance status in real time. Automatic number plate recognition cameras will integrate with insurance databases. A four-layer structure for private vehicle insurance policies is also planned.

5 Aug 2026 1:13 am