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Outlook India

In a country where over 50 per cent of total vehicles are without insurance, Rakesh Jain, Executive Director and CEO, Reliance General Insurance, said, “The Supreme Court order is a welcome move. This will bring the house in order and will cut down the indiscipline.” It’s mandatory to get an insurance cover when vehicles are bought for the first time, but in many cases, they are not renewed in the subsequent years, he further opined.

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