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    Premium Computation Sheet

    Uploaded by

    kondareddy kusuma
    This document is a premium computation sheet for a private car insurance policy for Mr. Naveen Kumar Singh with a policy period of 08/04/2019 to 07/04/2020. It includes a schedule of premiums for basic own damage cover, add-on covers, and third party liability cover totaling to Rs. 23,191 plus applicable taxes amounting to a total premium of Rs. 27,365. Risk details are also provided including vehicle information, sum insured amounts, rates, and individual premium amounts.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Premium Computation Sheet

    Uploaded by

    kondareddy kusuma
    17 views1 page
    This document is a premium computation sheet for a private car insurance policy for Mr. Naveen Kumar Singh with a policy period of 08/04/2019 to 07/04/2020. It includes a schedule of premiums for basic own damage cover, add-on covers, and third party liability cover totaling to Rs. 23,191 plus applicable taxes amounting to a total premium of Rs. 27,365. Risk details are also provided including vehicle information, sum insured amounts, rates, and individual premium amounts.

    Original Description:

    BUNDLED

    Original Title

    Bundled

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    This document is a premium computation sheet for a private car insurance policy for Mr. Naveen Kumar Singh with a policy period of 08/04/2019 to 07/04/2020. It includes a schedule of premiums for basic own damage cover, add-on covers, and third party liability cover totaling to Rs. 23,191 plus applicable taxes amounting to a total premium of Rs. 27,365. Risk details are also provided including vehicle information, sum insured amounts, rates, and individual premium amounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    17 views1 page

    Premium Computation Sheet

    Uploaded by

    kondareddy kusuma
    This document is a premium computation sheet for a private car insurance policy for Mr. Naveen Kumar Singh with a policy period of 08/04/2019 to 07/04/2020. It includes a schedule of premiums for basic own damage cover, add-on covers, and third party liability cover totaling to Rs. 23,191 plus applicable taxes amounting to a total premium of Rs. 27,365. Risk details are also provided including vehicle information, sum insured amounts, rates, and individual premium amounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    PREMIUM COMPUTATION SHEET

    Department : MOTOR Insured's Name : Mr. Naveen Kumar Singh

    Document No : R/431500/31/2020/91 Document Date : 08/04/2019

    Policy Start Date : 08/04/2019 Policy End Date : 07/04/2020

    Product Description : PRIVATE CAR-(3 Years) Document Type : Proposal


    Policy Type : BUNDLED POLICY

    SCHEDULE OF PREMIUM
    Cover Description Sum Insured Premium

    BASIC OD COVER 6,31,750.00 20,740.00


    MOTOR OD BASIC - NEW 6,31,750.00 8,296.00
    LESS :HEAD OFFICE DISCOUNT 0.00 6,222.00
    LESS :UNDERWRITER DISCOUNT 0.00 6,222.00
    BASIC OD TOTAL 6,31,750.00 8,296.00
    ADD :ADD-ON COVER NIL DEPRECIATION POLICY 0.00 3,111.00
    OD TOTAL 6,31,750.00 11,407.00
    MOTOR TOTAL OD 6,31,750.00 11,407.00
    BASIC TP COVER 0.00 9,534.00
    BASIC TP TOTAL 0.00 9,534.00
    ADD :PA FOR OWNER DRIVER-GR36A 15,00,000.00 900.00
    ADD :PA-UN-NAMED-GR36B2 2,00,000.00 1,200.00
    ADD :LL-PAID DRIVER, CONDUCTOR,CLEANER-IMT-28 0.00 150.00
    TP TOTAL 17,00,000.00 11,784.00
    TOTAL PREMIUM 23,191.00
    STAMP DUTY 0.50
    ADD :CGST 2,087.00
    ADD :SGST 2,087.00
    TOTAL AMOUNT 27,365.00

    RISK DETAILS

    Section : BUNDLED
    Vehicle Details : L12B44046155 / MAKDF565AK4006935 / NEW

    Cover Name Sum Insured Rate Premium

    BASIC OD COVER 6,31,750.00 3.283/100 20,740.00


    HEAD OFFICE DISCOUNT 0.00 30/100 6,222.00
    UNDERWRITER DISCOUNT 0.00 30/100 6,222.00
    ADD-ON COVER NIL DEPRECIATION POLICY 0.00 15/100 3,111.00
    BASIC TP COVER 0.00 9534/1 9,534.00
    PA FOR OWNER DRIVER-GR36A 15,00,000.00 900/1 900.00
    PA-UN-NAMED-GR36B2 2,00,000.00 1.5/1000 1,200.00
    LL-PAID DRIVER, CONDUCTOR,CLEANER-IMT- 0.00 150/1 150.00
    28

    Total 23,191.00

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