What is the period for which a Private Car policy is issued?
All motor policies are annual policies issued for period of twelve months. However extension to a further period less than 12 months can be allowed with the approval of the competent authority, for arriving the renewals of the customer on a common date or for any other reason convenient to the customer. Additional premium needs to be collected for such extensions. Period less than 12 months can be given on Short Period basis only with the approval of the competent authority.