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Motor Commercial Insurance Quote Summary

The document is a premium calculation worksheet for a Motor Commercial Package Policy, detailing various vehicle and insurance parameters. It includes information on insured values, coverages, discounts, and the final premium amount of 60,136.00, which includes applicable taxes. The worksheet outlines both Own Damage and Public Liability components of the insurance policy.
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0% found this document useful (0 votes)
37 views2 pages

Motor Commercial Insurance Quote Summary

The document is a premium calculation worksheet for a Motor Commercial Package Policy, detailing various vehicle and insurance parameters. It includes information on insured values, coverages, discounts, and the final premium amount of 60,136.00, which includes applicable taxes. The worksheet outlines both Own Damage and Public Liability components of the insurance policy.
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

6/18/25, 7:05 PM UIIC Motor Commercial Worksheet

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Premium Calculation Work Sheet For Motor Commercial Package Policy

Quote No. : Policy Period : Department Motor


Insured Name & ID: Address : Office Code : 290100
Vehicle Type : Vehicle Zone : Location : DO JODHPUR
Vehicle No. : Engine No. : Chassis No. :

Customer GST/UIN No. : Office GST No. : 08AAACU5552C1ZJ

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

2200000 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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6/18/25, 7:05 PM UIIC Motor Commercial Worksheet
Loading (+) / Discount (-)

Own Damage(A) Public Liability(B)


OD Cover(s) TP Cover(s)
Basic - OD 50550
Basic - TP 44242
Cover for lamps, tyres,
1516.5 Legal Liability to Non-Fare
tubes etc
Paying 150
Detariff Loading/Discount -40440 Passenger(Employee)
Bonus Discount - OD @ 25
2906.63 Liability to Workmen
% 0
greater than 6

LL to Paid Driver IMT 28 100


Gross (A): 8,720.00

Gross (B): 44,492.00

Gross OD & TP:


53,212.00
(A) + (B)

Basic OD Rate : 1.77 %


Detariff Load/Discount : 0 % / 80 %
Final OD Rate : %
Stamp Duty : 1.00
Stamp Duty Chargeable : No
*N.B: Minimum Premium Chargeable Total (Own Damage + Liability) 53212

Net Premium( ): 53,212.00


CGST-Others(9%)( ): 807.00
SGST-Others(9%)( ): 807.00
CGST-Basic TP(6%)( ): 2,655.00
SGST-Basic TP(6%)( ): 2,655.00
Total Premium( ): 60,136.00

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