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Private Car Premium Calculation Worksheet

This document is a premium calculation worksheet for a private car package policy. It provides details of the insured, vehicle, and premium calculation. The total own damage premium is Rs. 3,929 and total public liability premium is Rs. 3,271, for a total premium of Rs. 7,200. Additional taxes bring the total premium due to Rs. 8,496.

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0% found this document useful (0 votes)
346 views2 pages

Private Car Premium Calculation Worksheet

This document is a premium calculation worksheet for a private car package policy. It provides details of the insured, vehicle, and premium calculation. The total own damage premium is Rs. 3,929 and total public liability premium is Rs. 3,271, for a total premium of Rs. 7,200. Additional taxes bring the total premium due to Rs. 8,496.

Uploaded by

Vicky Lakhanpal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

9/7/2020 UIIC Private Car Worksheet

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Premium Calculation Work Sheet For Private Car Package Policy

11/09/2020 -
Quote Number : Policy Period : Department : Motor
10/09/2021
S/O PREM NATH 1314/8 ST
RAKESH KUMAR & NO 5 BAJWA NAGAR
Insured Name & ID: Address : Office Code : 201502
23070434147 LUDHIANA 141124 PUNJAB

Vehicle Type : Private Car Vehicle Zone : Zone-B Location : BO NAWANSHAHR


Vehicle No. : PB 10 FX 9606 Engine No. : K12MN1839252 Chassis No. : MA3EHKD1S00B51923

Customer GST/UIN No. : Office GST No. : 03AAACU5552C1ZT

Vehicle IDV Trailer IDV Side Car IDV [Link] [Link] [Link]

285156 0 0 0 0 0

Un-Named Passenger Named Passenger Paid Driver Bi-Fuel Kit(CNG/LPG) PA to Hirer Theft of Accessories

0 0 0 0/ 0 0 0

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9/7/2020 UIIC Private Car Worksheet

Loading (+) / Discount (-)

Own Damage(A) Public Liability(B)


OD Cover(s) TP Cover(s)
Basic - OD 9099.33
Basic - TP 3221
Nil Depreciation Without
2593.31 LL to Paid Driver IMT 28 50
Excess
Detariff Loading/Discount -4549.67
Bonus Discount @ 45 % 3214.34 Gross (B): 3,271.00

Gross (A): 3,929.00


Gross OD & TP:
7,200.00
(A) + (B)

Basic OD Rate : 3.191 %


Detariff Load/Discount : 0 % / 50 %
Final OD Rate : %
Stamp Duty : 1.00 Total (Own Damage + Liability) 7200
Stamp Duty Chargeable : No

Net Premium( ): 7,200.00


CGST(9%)( ): 648.00
SGST(9%)( ): 648.00
Total Premium( ): 8,496.00

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