The reason given is that this
vehicle which came into existence in 2012 is not recognized under the Motor Vehicles
Act –therefore it is not being insured.
Owners are worried that
accidental damage / theft etc are not covered as insurance policy cannot be
purchased.
Passengers are worried that they
are not covered for accidental death / 3rd party risk if the vehicle
is involved in an accident.
The early decision on insurance of
these vehicles will be appreciated.
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