Page 93 - Motor Insurance Ebook IC 72
P. 93
Guide for Motor Insurance
or legal heirs of the victims need not have to go to
MACT at all. Cases can be straightaway taken to this
forum.
The procedure - For disposal of T.P. Claims a panel
consisting of following persons is constituted:
i) a retired Judge,
ii) a medical practitioner and
iii) a retired executive of an insurance company having
sound knowledge and clear understanding of
motor accident claim cases. This panel jointly
examines individual cases on a regular basis on
certain specified time and terms and offer
compromise settlement of claims. If the parties
accept such offers, settlement can be promptly
finalized.
In the initial stage, the Scheme applies to Non-fatal bodily
injury claims of road accident victims above 18 years of
age. It covers both "fault" and "no-fault" liability claims.
To settle any claim under this scheme the claimants'
application is to be supported by the following
documents:
a) Copy of First Information Report lodged with the
Police.
b) Registration number and Insurance particulars of
offending vehicle.
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