Vehicle cover transfers to buyer on registration

The National Commission ruled that the insurance policy is deemed to be automatically transferred to the purchaser when the vehicle is registered in their name

Harmanpreet Singh purchased a vehicle from Sandeep Kumar who had insured it with Iffco Tokio General Insurance for Rs 7,37,134 under its private vehicle package policy valid from December 1, 2016, to November 30, 2017.
 

After purchase on September 4, 2017, the vehicle was transferred to Singh’s name by the Ambala Regional Transport Office (RTO) on September 5, 2017. However, the insurance policy was not transferred.
 

The vehicle met with an accident on the night between September 10 and 11, 2017. A police complaint was lodged and the insurer was also promptly informed. The surveyor who was