Important Points for IC 72 - Motor Insurance Exam

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  • Section 39 states that no person shall drive any motor vehicle and no owner of the motor vehicle shall cause or permit the vehicle to be driven in any public place or in any other place unless the vehicle is registered in accordance with the Motor Vehicle Act 1988.
  • The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third Party insurance to satisfy the requirements of Chapter XI of the Act. The Certificate of Insurance (Form 51) must be in the form prescribed under the Motor Vehicle Rules framed under the Act.
  • Permit is an instrument issued by a State or Regional Transport Authority authorising the use of a motor vehicle as a transport vehicle in specified manner as per the relevant provisions of Motor Vehicle Act and rules framed their under. Section 66 (1) of Motor Vehicle Act, 1988 mandates for necessity of permit for transport vehicles.
  • Types of Permit include: Goods Carrier Permits, Counter Signatures of Goods Carrier Permits, National Permits, Permits for Passenger Vehicles, Contract Carriage Buses Permits (Chartered Buses), Stage Carriage Permits, Temporary Permits, Rent-a-Cab Permits, Institution / School Buses, All India Tourist Permit
  • Section 4 of MV Act 1988, envisages age limit in connection with driving of motor vehicles.

Motor Insurance Exam

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