Saar: The ruling is expected to come into effect from September 2018. Okay. The title may sound a bit confusing. Apologies for that. But allow us to enlighten you lot on what’s cooking on the third-party car insurance front. The Supreme Court (SC) of India has directly IRDA (Insurance Regulatory and Development Authority) to make third-party car insurance mandatory for a period of three years. In other words, instead of a yearly renewal of car insurance policies, they will be renewed of bought new with a validity of three years. To this, the IRDA responded by saying that the third-party … Continue reading Make Third-Party Car Insurance Mandatory For Three Years: SC To IRDA