Vehicle insurance awareness campaign from Friday
With an aim to raise awareness on vehicle insurance, the Insurance Information Bureau of India (IIB), in association with the Cyberabad Police,...
With an aim to raise awareness on vehicle insurance, the Insurance Information Bureau of India (IIB), in association with the Cyberabad Police, launched a ‘Motor Vehicles Insurance Awareness Campaign’ at the Novotel Hyderabad Convention Centre on Wednesday. The campaign was launched by IRDAI member M Ramaprasad and Cyberabad Police Commissioner CV Anand.
“Several studies have shown that a number of vehicles plying nationwide on the road are uninsured. This poses a grave danger to the society as a whole and tremendous agony for the accident victims in particular to receive adequate compensation.Insurance is compulsory under the Motor Vehicles Act, 1988, and is the responsibility of all the stakeholders to ensure compliance of the statutory requirement in the interest of all the road users,” said the organiser.
Cyberabad Police has identified uninsured vehicles within Cyberabad Metropolitan Police jurisdiction. Starting May 1, there will be a 15-day long Motor Vehicles Insurance Awareness Campaign organised by the local insurers wherein the vehicles owners will be sensitised about the benefits of motor insurance besides making special arrangements to facilitate spot purchase of insurance through approximately 100 kiosks.
There will also be a link on the Cyberabad Traffic Police website where vehicle owners will have the option to buy insurance. This initiative is expected to be a role model for the rest of the country, where the menace of uninsured driving is still at large.