IRDAI has approved Patanjali Ayurved’s acquisition of a majority stake in Magma General Insurance, marking its entry into India’s general insurance sector. The ₹4,500 crore deal is expected to strengthen Magma’s market presence and increase competition across motor, health, property and commercial insurance segments.

Return to Invoice (RTI) Cover is a valuable motor insurance add-on that protects new car owners from depreciation-related losses. If your car is stolen or declared a total loss, RTI helps bridge the gap between the Insured Declared Value (IDV) and the original invoice price, making it one of the most useful add-ons during the first 3–5 years of ownership.

Learn how comprehensive car insurance works, what a package policy covers, claim settlement, IDV, depreciation, deductibles, exclusions and NCB in simple language.