Indian Finance Minister relaxation for vehicle insurance renewal till April 21
In the notification issued by the Ministry of Finance Dept of India , “The policy holders whose motor vehicle third party insurance policies fall due for renewal during the period on and from March 25, 2020, up to April 14, 2020, and who are unable to make payment of their renewal premium on time in view of the prevailing situation in the country as a result of coronavirus disease (COVID-19), and make such payment to their insurers on or before April 21, 2020, to ensure continuity of the statutory motor vehicle third-party insurance cover from the date on which the policy falls due for renewal.” The government has extended the same benefit to health insurance policy holders as well.
