Non Life Insurance

• Can motor policies be issued for a longer term than a year?
• Can motor vehicles be insured against fire and theft risks only?
• Does a third party claim affect the bonus/ malus rate under the comprehensive motor insurance policy?
• Are accessories and extra fittings of the vehicle covered under the comprehensive motor insurance policy?
• What happens if at any point of time there are in existence two policies for insurance of a vehicle?
• What happens if there is a dispute regarding claim settlement between the insured and the insurer?