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Magma HDI Commercial Vehicle Premium Quote

This document is a premium calculation worksheet for a commercial vehicle package policy from Magma HDI General Insurance Company. It includes details such as the vehicle IDV, various premiums for own damage and liability, and the total premium amounting to 46,396.00, valid for 7 days from the quotation date of 11/12/2024.

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isquare motors
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16 views1 page

Magma HDI Commercial Vehicle Premium Quote

This document is a premium calculation worksheet for a commercial vehicle package policy from Magma HDI General Insurance Company. It includes details such as the vehicle IDV, various premiums for own damage and liability, and the total premium amounting to 46,396.00, valid for 7 days from the quotation date of 11/12/2024.

Uploaded by

isquare motors
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

Magma HDI General Insurance Company Limited

DEVELOPMENT HOUSE, 24 PARK STREET , KOLKATA -700016


Website : [Link]

Premium Calculation Work Sheet For Commercial Vehicle PackagePolicy


Quote
QQ-20241222334788 Policy Period: 11/12/2024 - 10/12/2025 Department: Motor
Number:
Seating Date of
3 31/10/2023 CC/HP/GVW: 17990
capacity: Registration
MUMBAI-MIRA
Vehicle Type: Motor Commercial PackagePolicy Vehicle Zone: Zone-C Location:
ROAD
GIRNAR
INSURANCE
ASHOK CA1815/39H
Agent Name: BROKERS Make: Model: Quotation Date: 11/12/2024
LEYLAND FBL
PRIVATE
LIMITED

Vehicle IDV Trailer IDV Side Car IDV [Link] [Link] [Link]
2552000 0 0 0 0

Un-Named Passenger Named Passenger Paid Driver Bi-Fuel Kit(CNG/LPG) Theft of Accessories
0 0 0 0 / 0 0
Loading (+) / Discount (-)

OWN DAMAGE(A) LIABILITY(B)


Basic - OD 45,664.82 Basic - TP 35,313.00
Loss/damage to lamps/tyres/mud guards etc. - IMT-23 6,849.72 PA Owner Driver -SI Rs.1500000 Tenure 1 Year(s) 450.00
Sub Total 52,514.54 Under WC act-Driver/cleaner/employees-IMT 28 100.00
Less: Sub Total 35,863.00
Detariff Discount for IMT23 90% 6,164.75
Detariff Discount On Basic OD 90% 41,098.34
Sub-Total Deductions 47,263.09
Total Own Damage Premium(A) 5,251.00

Premium Computation
Total Package Premium(A+B) 41,114.00
GST 5,281.74
TOTAL 46,396.00

This QUOTE is valid for next 7 days from the date of Quotation.

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