The Supreme Court today asked the Insurance Regulatory and Development Authority of India (IRDAI) and 22 Insurance Companies to explore the possibility of having a Uniform Insurance Policy to better protect people in motor accident cases.

A bench of Justices Sanjay Karol and Prashant Kumar Mishra was dealing with the plea of National Insurance Company Limited against a Telangana High Court order which directed it to pay the respondent-claimants compensation amount of Rs.10 lakhs (approx.) alongwith interest.

Seemingly, the Court's concern stemmed from the fact that different insurance companies have different insurance policies, which use distinct words and provide varied coverage. It previously called for information on policy profile of the insurance companies, alongwith coverage, an

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