{"id":311056,"date":"2023-02-01T08:48:47","date_gmt":"2023-02-01T03:48:47","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=311056"},"modified":"2023-02-01T08:48:47","modified_gmt":"2023-02-01T03:48:47","slug":"secp-for-effective-implementation-of-motor-third-party-liability-insurance","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/secp-for-effective-implementation-of-motor-third-party-liability-insurance\/","title":{"rendered":"SECP for effective implementation of Motor Third Party Liability Insurance"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe Securities and Exchange Commission of Pakistan (SECP) has formed a working group to explore the possibilities and mechanism for effective implementation of \u201cMotor Third Party Liability (TPL) Insurance\u201d in the country.<br \/>\nThe group, comprises industry experts, representatives of IAP and SECP officials, will formulate a detailed proposal for effective implementation of Motor TPL Insurance including mechanism for coordination with relevant authorities.<br \/>\nThe first meeting of the working group held at SECP head office, discussed in detail the implementation of Motor TPL insurance under the existing laws.<br \/>\nIt was agreed that the recommendations will include schedule for engagement with other relevant bodies, public awareness, availability of affordable products and central database of motor insurance policies.<br \/>\nMotor TPL Insurance offers insurance protection against death, bodily injury and property damage to the victims of road traffic accidents or their legal heirs. TPL insurance is also mandatory in almost all jurisdictions of the world, including neighboring countries i.e. India, Bangladesh, Sri Lanka.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The Securities and Exchange Commission of Pakistan (SECP) has formed a working group to explore the possibilities and mechanism for effective implementation of \u201cMotor Third Party Liability (TPL) Insurance\u201d in the country. The group, comprises industry experts, representatives of IAP and SECP officials, will formulate a detailed proposal for effective implementation of Motor TPL [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-311056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SECP for effective implementation of Motor Third Party Liability Insurance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/secp-for-effective-implementation-of-motor-third-party-liability-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SECP for effective implementation of Motor Third Party Liability Insurance\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The Securities and Exchange Commission of Pakistan (SECP) has formed a working group to explore the possibilities and mechanism for effective implementation of \u201cMotor Third Party Liability (TPL) Insurance\u201d in the country. 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