PDA

View Full Version : Should there be a limit on compensation for accident victims?



IndiaInsurance
11th June 2012, 09:41 AM
Every time you drive out in your car, you are taking a risk. A small mishap can leave you holding a bill of a few thousand rupees. The bill could be fatter if someone gets hurt or dies. There is no limit to the compensation that can be claimed. In 2002, a court awarded Rs 12 crore to the family of an NRI doctor killed in an accident.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/should-there-be-a-limit-on-compensation-for-accident-victims/articleshow/13968895.cms)