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Motor insurance set to become dearer
Chennai: Come January 2009, you may have to pay more for your car premium, though you will get wider coverage for the extra money you shell out. Why are the markets so volatile? Arun Kejriwal replies This follows the Insurance Regulatory and Development Authority (IRDA) allowing insurance companies to word the terms and conditions on the add-on covers and deductibles on their motor (own-damage)
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