The New India Assurance Co. Ltd.
Proposer Name : mahesh 28-Feb-2024 04:57:46 pm
Policy Premium Quotation
Vehicle Type : Goods Carrying 3 Wheeler&PedalCycle-Public(A3) CoverType : PACKAGE
Policy Start date : 2/3/2024
Vehicle Purchase date : 2/3/2023
Limits of Liability : 4,00,000
Insured's Declared Value(IDV) : 4,00,000
Gross Vehicle Weight(GVW) : 998
IMT rate OD Premium Percentage : 1.664
NCB Percentage : 20%
Age of the Vehicle in Months : 13
Discount : 70.0%
OD Basic Premium : 1,996.8
Additional Premium GVW above 12000Kg(27/- for each 100kg) : 0
Loading for CNG/LPG Kit : 0
Additional OD Premium for CNG/LPG : 0
OD Loading for giving Driving Tuition : 0
Additional Towing Premium : 0
Additional Premium for Fibre Glass : 0
Loading for Geographical of Extension : 0
Additional Premium for Electrical Fitting : 0
Additional Premium Non-Electrical Fitting : 0
Loading for IMT 23(15% of Gross OD premium after NCB) : 299.52
Discount for Anti-Theft Devices : 0
Discount on used within own premises : 0
Total NCB Discount : 459.26
TP Basic Premium : 4,492
CPA Premium for Owner/Driver : 275
LL Premium for Paid Driver employed for operation(50/-) : 50
LL Premium for Cleaner/Conductor employed for operation(50/-) : 0
LL Premium for NFPP-Insured emps(75/- each) : 0
LL Premium for NFPP-Not emps(50/- each) : 0
PA premium for Paid Driver(6/- per 10000) : 120
PA premium for Cleaner/Conductor(6/- per 10000) : 0
PA premium for UnNamed Persons(5/- per 10000) : 0
Additional TP Premium for CNG/LPG : 0
TP Loading for giving Driving Tuition : 0
TP Premium for Geographical Extension : 0
TP Discount for Restrict TPPD to 6000 : 0
Add LL to Paid Driver/Cleaner : 50
Geographical Zone : ZONE A
Total TP Premium : 4,987
Total OD Premium : 1,837
Gross Premium : 6,824
GST @18% (On TP Basic @12%) : 959
Net Premium : 7,783
