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Link traffic offences with insurance premium: IRDAI committee
TIWN
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PHOTO : TIWN
Chennai, Jan 19 (TIWN) Fined for parking in the no-parking area a couple of times? Be ready to pay an increased insurance premium for the traffic violation.
But don’t ask how parking in no-parking area would increase the accident rate and the claims outgo for the insurers.
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