Pakistan, July 8 -- The compensation available to road accident victims under Sindh's motor third-party insurance framework has been significantly increased, with the maximum payout rising from Rs20,000 to Rs700,000 as part of reforms aimed at improving financial protection for affected individuals.

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According to the Securities and Exchange Commission of Pakistan (SECP), the revised compensation will be provided through an automated claims mechanism, allowing eligible victims to receive financial assistance without the need for lengthy court proceedings. The regulator said the new system is designed to speed up the compensation process and improve access to ins...