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INSURANCE OF MOTOR VEHICLES IN INDIA : LAWS, POLICIES AND PRACTICE
| 题名： | INSURANCE OF MOTOR VEHICLES IN INDIA : LAWS, POLICIES AND PRACTICE |
| 其他题名： | 1)119th Report on Access to Exclusive Forum for Victims of Motor Accidents under the Motor Vehicles Act,1939,Law Commission of India. |
| 正文语种： | 英文 |
| 作者： | P. K. PANDEY |
| 关键词： | relationship；emergence；ecognition；exchange；sura；justice；protection；security；motor；government |
| 摘要： | Insurance is an effective tool, among other available modes of risk sharing, which is based on the concept of social security and social justice. It has gained popularity in recent times as it provides actual financial security against loss only for exchange of a small amount of premium. This is equally true in case of motor vehicle insurance also. Today, the motor vehicle insurance is the largest segment of non-life insurance not only in India but in other countries also because of its compulsory nature. This type of insurance provides protection to the interests of motor vehicle owners and other members of the society in addition to strengthening insurance industry in varied ways. The present paper attempts to discuss the laws, policies and practice relating to motor vehicle insurance in India in addition to the relationship in road accidents, loss/ damage to vehicles and motor vehicle insurance with detailed analysis of data from various governmental and other sources. With the emergence of the General Insurance Corporation which has taken over general insurance business of all kinds, including motor vehicles insurance, it should be easy to give statutory recognition to the State's obligation to compensate victims of road accidents promptly, adequately and without contest. |
| 出版年： | 2016 |
| 论文唯一标识： | I-2Y2016V40N01004 |
| 英文栏目名称： | P.K. Pandey |
| 期刊名称： | Indian Journal of Transport Management. (Text in English) |
| 拼音刊名(出版物代码)： | I-2 |
| 卷： | 40 |
| 期： | 01 |
| 页码： | 38-60 |
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