Mandalay sees more insured vehicles

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Yangon Mayor U Maung Maung Soe and dignitaries visit the Housing and Building expo 2016 in Yangon.

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With an increase in the number of vehicles in Mandalay, comprehensive motor insurance undertakings are increasing more and more, said Myanmar Insurance (Mandalay).
Not only units of motor insurance but also motorbike insurance are sold, said an official from the Mandalay MI, adding that insurance undertakings can be registered at respective local offices.
Myanmar Insurance (Mandalay) have been asked to sell more than 10 units of comprehensive motor insurance per month this year, compared to last year when one or two units were sold a month.
Drivers were not interested in the purchase of motor insurance units before because of delays in taking out car insurance, Ko Aye Chan Moe of Chanaye Thasan Township.
More drivers hold motor insurance as vehicle crashes have increased at present, he added.

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