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Premium Calculation for Car Insurance

Quotes of insurance

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33 views2 pages

Premium Calculation for Car Insurance

Quotes of insurance

Uploaded by

jkdpjkdp
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

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Premium Calculation Work Sheet For Private Car Standalone Own Damage Policy

Quote Number : Policy Period : Department : Motor


Insured Name &
Address : Office Code : 300100
ID:
Vehicle Type : Private Car Vehicle Zone : Location : DO KASARGOD
Vehicle No. : Engine No. : Chassis No. :

Customer GST/UIN No. : Office GST No. : 32AAACU5552C1ZS

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

575000 0 0 0 0 0

Un-Named Bi-Fuel Theft of


Named Passenger Paid Driver PA to Hirer
Passenger Kit(CNG/LPG) Accessories

0 0 0 0/ 0 0 0
Loading (+) / Discount (-)

Own Damage
OD Cover(s)
Basic - OD 18348.25
Engine and Gearbox Protection Standard
632.5
AddOn Cover
Nil Depreciation Without Excess 3669.65
Detariff Loading/Discount -12843.78
Anti-Theft Device - OD 137.61
Bonus Discount @ 20 % 1807.3

Gross OD: 7,862.00

Basic OD Rate : 3.191 %


Detariff Load/Discount : 0 % / 70 %
Final OD Rate : %
Stamp Duty : 1.00 Total (Own Damage) 7862
Stamp Duty Chargeable : No

Net Premium( ): 7,862.00


CGST(9%)( ): 708.00
SGST(9%)( ): 708.00
Total Premium( ): 9,278.00

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