I have a car insurance along with compulsory peraonal accident cover.?
To answer your question in simple terms: No. Let us discuss why. Further to the unbundling announcement by the Insurance Regulatory and Development Authority of India (IRDAI), the regulatory body does not make purchasing personal accident cover compulsory every time a policyholder purchases motor insurance for any new car that is bought in addition to an existing vehicle. In case, a policyholder has a personal accident policy and the minimum mandates cover as part of the motor insurance for your first vehicle, it does not have to be purchased again while buying motor insurance for the second vehicle. Hope this information has helped!