Offer full forgiveness of all the vehicles without third party insurance

According to the financial news, Qamsarian, the CEO of the Bodily Damage Insurance Fund, stated the reason for this proposal is the need to support the less privileged sections of the society, considering the economic conditions, as well as strengthening the sales network and agents, as well as increasing the penetration rate of insurance.

If approved by the Minister of Economic Affairs and Finance, this exemption will be implemented from 15th of Bahman to 19th of March.

This exemption is conditional on the purchase and issuance of a one-year insurance policy.