Vehicle insurance policies must be renewed on time: General Insurance Council

BENGALURU: The General Insurance Council has clarified that ministry of road transport notification extending the validity of all vehicle documents such as driving license, fitness certificates, and related documents -- from February 2020 to December 31, 2020 -- does not include insurance papers.

GI Council, which is a representative body of insurance companies formed by Insurance Act 1938, said motor insurance policies have to be renewed at the earliest. The Council said the, "The MoRTH letter on August 24, 2020 advising state governments over the validity of vehicle papers only extends to fitness certificates, permits, driving licences, and registration certificates."

"It is hereby clarified to all policyholders that the letter issued by MoRTH does not include motor insurance policies, which needs to be renewed as per the renewal date. All vehicle owners are advised to get their insurance policies renewed on or before the due date of renewal for continued validity of the insurance policies," said the Council.