Important Points for IC 72 - Motor Insurance Exam

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  • The dictionary defines the term "knock for knock" as an agreement between auto insurers that in the event of an accident each insurance company will pay for the damage to the vehicle insured with it, without attempting to establish blame for the accident.
  • The third-party cover has a limited liability of Rs. 7.5 lakh in case of damage to the vehicle or property of the third person.
  • An International Driving Permit (IDP) is a permit for use in conjunction with a driving licence, not in place of it.
  • International driving document is a legal translation of national driver's license. By itself IDL is not valid for driving. It's merely confirms that you hold a valid license in your home country.
  • Currently only private cars and two-wheelers can be insured online.

Motor Insurance Exam

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