Tag: IMT

If you want India to lower tariffs and facilitate more free trade, than I think Indian producers also have a right to enter the european market.

16. India Motor Tariff

Posted by Dr. K. Raja Gopal Reddy on June 4, 2021

Please check your Motor Insurance policy wording…where 80% of the policy wording and / or the 80% of the policy wording pages consist of India Motor Tariff (IMT). In a sexy way, they call it as IMT 1, IMT 2… so on., and I guess the IMT series ends at IMT 65. Let us come […]

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While the compulsory deductible does not affect car premium, voluntary deductible has a direct impact on the same.

12. Compulsory and Voluntary Deductible

Posted by Dr. K. Raja Gopal Reddy on May 25, 2021

These deductibles i.e., Compulsory Deductible and Voluntary Deductible are stated in IMT 22 and IMT 22A. You may be wondering what is this IMT. It stands for India Motor Tariff. I will discuss about IMT later. The word deductible as described in the policy conditions in this manner: The Company shall not be liable for […]

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