The New India Assurance Co. Ltd.
Proposer Name : ZERO DEP 28-Dec-2023 05:10:24 pm
Policy Premium Quotation
Vehicle Type : Goods Carrying Other Than 3 Wheeler-Public(A1) CoverType : ENHANCEMENT
Policy Start date : 28/12/2023
Vehicle Purchase date : 2/1/2023
Limits of Liability : 718,000
Insured's Declared Value(IDV) : 718,000
Gross Vehicle Weight(GVW) : 2,805
IMT rate OD Premium Percentage : 1.726
NCB Percentage : 20%
Age of the Vehicle in Months : 12
OD Basic Premium : 1,239.27
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) : 185.89
Premium for Enhancement Cover : 1,522.16
Discount for Anti-Theft Devices : 0
Discount on used within own premises : 0
Total NCB Discount : 285.03
TP Basic Premium : 16,049
CPA Premium for Owner/Driver : 275
LL Premium for Paid Driver employed for operation(50/-) : 100
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) : 0
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 of Extension : 0
TP Discount for Restrict TPPD to 6000 : 0
Add LL to Paid Driver/Cleaner : 0
Geographical Zone : ZONE C
Total TP Premium : 16,424
Total OD Premium : 2,662
Gross Premium : 19,086
GST @18% (On TP Basic @12%) : 2,473
Net Premium : 21,559
