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Road Accident Claim: Road accident cases are increasing continuously across the country and every day there are reports of death or injury of passersby in many road accidents. In India, there is a provision for giving claims in insurance policies for those who lose their lives and get injured in road accidents. However, there is a news about this which may surprise you. This information has been received in response to a question asked from IRDAI under RTI.
10.46 lakh road accident claims worth Rs 80,455 crore are pending in the country
About 10,46,163 claims worth Rs 80,455 crore related to road accidents are pending in the country. There has been a steady increase in their number between the years 2018-19 to 2022-23. This information has been received through an application filed under the Right to Information (RTI) Act. Based on the RTI reply, a road safety activist expressed concern over the ‘snail’s pace’ of claim settlement and estimated that it takes an average of four years for a road accident victim to get financial relief.
Who filed the RTI?
In response to an application by Supreme Court lawyer KC Jain in April, the Insurance Regulatory and Development Authority of India (IRDAI) has provided these details. KC Jain had sought the total number of pending motor accident claims in the country along with state and district-wise details. This information was sought in a question asked to the Ministry of Road Transport and Highways.
He had asked for the annual details of claims initiated, settled and pending during the last five years. Along with this, he also sought information about any initiative taken by the Central Government for quick settlement of motor accident claims. Agra-based lawyer KC Jain, citing data, said that the number of pending claims is increasing year after year. Due to this, there is delay in settlement of claims of dependents of those killed and injured in road accidents.
According to the information of IRDAI (data of last 5 years)
- 9,09,166 claims worth Rs 52,713 crore in FY 2018-19
- 9,39,160 claims worth Rs 61,051 crore in FY 2019-20
- 10,08,332 claims worth Rs 70,722 crore in FY 2020-21
- 10,39,323 claims worth Rs 74,718 crore in FY 2021-22
- 10,46,163 claims worth Rs 80,455 crore in FY 2022-23
IRDAI gave this answer
Regarding the regional level information, IRDAI said, ‘District-wise and state-wise details of motor third party claims are not available with IRDAI, as IRDAI does not maintain such detailed information’
