The Union government on Thursday allowed health and motor policyholders to defer their renewal, if it falls between March 25 and April 14 — the lockdown period.
The payments can be made till April 21 and the relaxation is only for third-party motor insurance, apart from health, the government said, bringing relief to those unable to renew their policies because of the lockdown.
“In the case of renewal of motor vehicle third-party insurance policies falling during the period of lockdown due to the outbreak of the Covid-19 pandemic, the risk may be assumed subject to the condition that the premium