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Sreejith said the Motor Vehicle Department was making all-out efforts to achieve complete insurance coverage for all vehicles.
Sreejith made this statement during a recent Women’s Motorcycle Rally as part of the IRDAI mandated insurance awareness drive launched by general insurer Magma HDI at Thiruvananthapuram.
”Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles,” Sreejith was quoted in a release.
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Magma HDI, in the release said that low insurance awareness has been cited as one of the key reasons for low insurance penetration.
Amit Bhandari, the Chief Technical Officer of the company said the Women’s Motorcycle Rally was a unique blend of empowerment and education.