Supreme Court seeks fuel-linked insurance enforcement pilot for uninsured vehicles
The Supreme Court has asked IRDAI and the road transport ministry to develop a pilot that could deny fuel sales to uninsured vehicles, putting petrol-pump compliance and vehicle-data integration in focus. The move targets an estimated 16.54 crore uninsured vehicles nationwide.
The Supreme Court asked IRDAI and the road transport ministry to pilot denial of fuel sales to uninsured vehicles, potentially affecting petrol-pump operations nationwide. It also ordered insurance-data integration for automated enforcement and extended mandatory cover periods for new cars and two-wheelers.
Why this matters
Following IRDAI's flagging of broker costs above 30% of premium and plans for tougher disclosures, the fuel-linked pilot extends its focus from insurance-market conduct to enforcement compliance.
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