Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page

32 per cent vehicles in Kerala not insured, says Transport dept

by AIP Online Bureau | Dec 23, 2023 | Data, Eco/Invest/Demography, Non-Life | 0 comments

”Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles,” state Transport Commissioner, S Sreejith has said

Thiruvananthapuram:

Thirty-two per cent of vehicles in Kerala are currently uninsured, posing a threat to several lives, state transport commissioner, S Sreejith has said.

Sreejith said the Motor Vehicle Department was making all-out efforts to achieve complete insurance coverage for all vehicles.

Sreejith made this statement during a recent Women’s Motorcycle Rally as part of the IRDAI mandated insurance awareness drive launched by general insurer Magma HDI at Thiruvananthapuram.

”Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles,” Sreejith was quoted in a release.

Emphasizing the importance of insurance, he said apart from vehicles, people should also be aware of its need for themselves and their assets as well.

Magma HDI, in the release said that low insurance awareness has been cited as one of the key reasons for low insurance penetration.

Amit Bhandari, the chief technical officer of the company said the Women’s Motorcycle Rally was a unique blend of empowerment and education.

Submit a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Govt issues notices to 25 offshore crypto assets cos for non-compliance of money laundering law
  • National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman
  • RBI to unveil risk-based deposit insurance premiums for bans: RBI Governor
  • Former IRDAI chairman Panda roped in as senior advisor to Pristyn Care
  • 9 in 10 businesses show interest in insurance cover for Gen AI risks, Geneva Association report

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy