What will happen to my policy if I sell my car?

After the sale of the car, the new buyer can transfer the existing insurance policy to their name by following a very simple procedure. However, the transfer process should be carried out within 14 days of the date of vehicle registration by the new owner.

The old owner of the vehicle can also carry forward his plan and no claim bonus to any other vehicle. In such a case, the new buyer will have to apply for new vehicle insurance.