Is it compulsory to take 3 years insurance?

Is it compulsory to take 3 years insurance?

Having third-party insurance is anyway compulsory for all vehicles as per the Motor Vehicles Act, 1988. If you have just bought a brand new scooter or bike and decided to go with basic third-party bike insurance, you will necessarily have to buy a 5 year insurance policy. Jan 5, 2022

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