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Motor Vehicle Insurance in India protects the motor vehicle owner against (a) the loss of or damage to the vehicle due to an insured risk, loss of use, theft, etc., and (b) indemnification if the vehicle owner is liable to any third party by law. Third-party insurance is a legal requirement.
The New India Assurance Co. Ltd. (NIACL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai , [ 5 ] it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. [ 6 ]
The company has a self-service app, FG Insure, which allows customers to manage their policies, purchase and renew insurance, report claims, and track their status. [11] In 2016, FGII launched i-MoSS, an application for motor claim surveyors for faster settlement of motor claims. [12]
The Oriental Insurance Company Ltd. (OICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in New Delhi , the company has 29 regional offices and more than 2,000 active branches nationwide.
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The 10 best places to buy jewelry online in 2024. AOL. These are the Amazon deals our editors are adding to our carts this week: Rare sales and gift ideas for less. AOL.
ICICI Lombard General Insurance is the largest private-sector general insurance company in India. [ 5 ] In a 2016 fiscal, ICICI Bank sold a 9.0% stake in ICICI General to its joint venture partner, Fairfax Financial Holdings, at a company valuation of ₹ 172.25 billion (equivalent to ₹ 250 billion or US$3.0 billion in 2023). [ 6 ]
A transgender bathroom ban has been sent to Ohio Gov. Mike DeWine's desk after passing through the state legislature. The bill would require students in the state's K-12 schools, as well as ...