Page 208 - Motor Insurance Ebook IC 72

The Insurance Times

Q 1. Road safety has become one of the greatest social
Ans: problems of our time. Explain the agency involved
in Road safety and their contribution in prevention
of road accidents.
Road safety has become one of the greatest social
problems of our time. On an average each year there
are 1,20,000 road accidents with number of person killed
and injured exceeding 21,000 and 1,10,000 respectively.

This is a problem which concerns the entire community
and can be dealt with only by a multi-pronged action in
which several governments departments such as Police,
Public Works Department, Transport Registration
Authorities, Road Research laboratories, other
Organizations such as All India Motor Congress, Road
Transport Operators' Association, and Automobile
Manufacturers, Vehicle owners and users and
pedestrians have to participate.

The General insurance industry plays a fairly significant
role in promoting road safety and preventing road
accidents although its contribution can, at best, be of an
indirect nature.

The premium rating is so structured as to encourage
loss prevention on the part of the motoring public.
Substantial discounts in premium are offered if the

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