- Copy of old RC to apply for RC transfer at RTO.
- Procuring a copy of the previous policy.
- Receiving a Non-Objection Certificate from the previous owner.
- Filling an application form at the insurance company of one’s choice.
Can third party insurance be transferred?
The third party coverage part is transferred automatically for a period of 14 days. After this period, the transferred policy will be applicable to cover any own damages or third party liabilities arising out of the second hand car.
Is the name of owner on RC and insurance policy same?
This is because the insurance policy acted as a valid document or contract between the first owner of the vehicle and the respective insurer, and not of the new owner. As per the terms and conditions of the insurance policy, the Registration Certificate (RC) and the insurance policy should be on the same person’s name.
Can I transfer bike insurance to another person?
The new owner of the bike must submit an application to the insurance provider for the transfer of insurance policy within 14 days of registration transfer. The new owner of the bike must submit an application to the insurance provider for the transfer of insurance policy within 14 days of registration transfer.