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Electronic motor insurance policies are legally accepted by the police and transport authorities in Telangana from today, making it the first state in the country to do so.
The e-Vahan Bima, an electronic motor insurance policy issued in digital form with Quick Response (QR) code, has been formally launched here by the Minister for IT, K T Ramarao.
As these policies can be stored and accessed on smart phones, the process of verification will become easier for commuters as well as police. There are 84 lakh vehicles in the state and 50 per cent of them do not have insurance.
Driving a vehicle without a motor third party insurance is an offence under Motor Vehicle Act 1988 as it pays for legal liability in case of any injury or damage to any third party life or property caused by the use of vehicle in a public place.
"The launch of e-Vahan Bima and digital acceptance will help the poor accident victims in the state and also ensure better compliance,’’ Ramarao said after formally launch of the initiative here on Saturday.
Going forward, registration certificates of vehicles and driving licences should be verified electronically, he added.
The initiative was a joint effort by the Insurance Regulatory and Development Authority (IRDA) of India, Department of Information Technology, police and transport departments of the state.
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