60464
60% Rise in Motorcycle Insurance
60% Rise in Motorcycle Insurance

60% Rise in Motorcycle Insurance

60% Rise in Motorcycle Insurance

Since the extension of incentives that waived the penalties for motorcyclists without insurance, there has been a 60% increase in third-party motorbike insurance, said the director of Personal Injury Indemnity Fund.
"The number of motorcycle insurance policies per day was around 1,800 before the new incentives kicked in but now it has nearly reached 3,000 per day," Ali Jabbari was also quoted as saying by IBENA.
Personal Injury Indemnity Fund is offering three incentives. The primary one is related to waiving the previous fines for those lacking insurance.
The incentive which, according to Jabbari came into effect on February 19, will be effective until the end of the year (March 20, 2017) and will be offered by all insurance companies.
Jabbari asked for media cooperation to promote the culture of insurance throughout the country.
More than 90% of some 10 million motorcyclists in the country are uninsured.

Short URL : https://goo.gl/MxLoF1
  1. https://goo.gl/fce1lB
  • https://goo.gl/uv6PYY
  • https://goo.gl/lQvJC8
  • https://goo.gl/NAldPs
  • https://goo.gl/Dz2Y6U

You can also read ...

Iran’s Amendments to CFT Law, a Step in Right Direction – Part 2
In the article titled “Amendments to CFT Law, a Step in Right...
Iraqi PM Cancels Iran Visit
Iraqi Prime Minister Haider al-Abadi has cancelled a visit to...
Certified Exchangers List Gets Longer
The Central Bank of Iran has released the updated list of...
TSE Fastest-Growing Stock Exchange in World
Tehran Stock Exchange was the world’s fastest-growing stock...
Chinese EV Sharing Platforms Seeking New Funds
Two electric vehicle-sharing platforms backed by powerful...
Export of Six Commodities Banned as of Aug. 23
The government has banned the export of different kinds of...
Iran Khodro Makes Inroads Into Azerbaijan Car Market
Since March, and through a joint venture between Iran Khodro...
Auto Importers Warned Against Price Gouging
Iranian auto importers, who had brought vehicles into the...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus