A few questions about insurance and registration?

"5 years back i got an insurance for Rs.35000/ for my bike - the worthiness is depreciated to 20000/-. Therefore I quit paying the insurance and my plan got lapsed. My concern is suppose if I am asked by any traffic constable for that insurance what must I say? Without paying the wonderfulCostco car insurance?

Why could automobile insurance go simply because of a breakup up?

"I wish to get lifeinsurance for my child within the quantity of 250000. I am anxious the way the cash will be used if I perish