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Two-wheeler insurance is a type of insurance that is mandatory in India. Falling under the General insurance product category, it helps protect people against accidents that take place on the road. Active two wheeler insurance shields the vehicle owner from any unforeseen occurrences like the accident or any serious damage to the motor vehicle.
The Ethiopian Insurance Corporation (EIC) was established in 1 January 1976 by proclamation No. 68/1975 by emerging takeover of the thirteen nationalized private insurance companies liabilities and assets, with birr 11 million (USD 1.29 million) paid up capital. [2] [1] [3] It is state-owned and profitable organization.
Pages for logged out editors learn more. Contributions; Talk; Ethiopian Insurance
The amount of premium depends on the make and value of the car, state where the car is registered and the year of manufacture. This amount can be reduced by asking the insurer for a no claim bonus (NCB) if no claim is made for insurance in previous year. [34] Two wheeler insurance – covers accidental insurance for the driver of the vehicle.
Acko General Insurance was founded by Varun Dua, is the Chief Executive Officer. [7] As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as Amazon, Accel Partners, SAIF Partners, Catamaran Ventures.
A cargo vehicle accident in rocky place in Debarq, Amhara Region, 2009. In Ethiopia, road traffic accidents are a serious problem. [2] The Analyzing Traffic Accident research suggested that there were more than 29,1577 accidents in the past eleven years, including 912,956 kilometers road network and 68,100 motorized vehicles were developed.
A two-wheeler is a vehicle that runs on two wheels. The two wheels may be arranged in tandem, one behind the other, as with single-track vehicles , or arranged and also side by side, on the same axle.
Between 1937 and 1941 there was an Italian governorate in Ethiopia and in those years a new type of Italian license plate was issued. They were exactly the same as the previous ones, but they had three squares on the left, colored top to bottom green, white and red, like the Italian flag , with the letters AOI ( Africa Orientale Italiana ) for ...