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ICICI Lombard Two Wheeler Insurance
ICICI Lombard Two Wheeler Insurance

New India Two Wheeler Insurance
New India Two Wheeler Insurance



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ICICI Lombard Two Wheeler Insurance
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New India Two Wheeler Insurance

Details Of ICICI Lombard And New India

1 Details
1.1 Incurred Claims Ratio
1.1.1 Incurred Claims ratio
Magma HDI Two W..
91.64 %
Rank: 2 (Overall)
86.83 %
Rank: 6 (Overall)
National Liability Policy Details
1.1.2 Incurred Claims Ratio (2013-14)
Magma HDI Two W..
91.64 %
Rank: 2 (Overall)
86.83 %
Rank: 6 (Overall)
National Liability Policy Details
1.2 Policy Status
In-Force
In-Force
1.3 Online
1.3.1 Buy
All Comprehensive Policy Two Wheeler Insurance have it !
All Comprehensive Policy Two Wheeler Insurance have it !
1.3.2 Renew
All Comprehensive Policy Two Wheeler Insurance have it !
All Comprehensive Policy Two Wheeler Insurance have it !
1.4 Type of Plan
Comprehensive Package Policy
Comprehensive Package Policy
1.5 Depreciation For Fixing IDV
1.5.1 Less Than 6 Months
Shriram General..
5.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details
1.5.2 6 Months to 1 Year
Shriram General..
15.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details
1.5.3 1 Year to 2 Years
Shriram General..
20.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details
1.5.4 2 Years to 3 Years
Shriram General..
30.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details
1.5.5 3 Years to 4 Years
Shriram General..
40.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details
1.5.6 4 Years to 5 Years
Shriram General..
50.00 %
Rank: 1 (Overall)
Not Available
Rank: N/A (Overall)
Shriram General Two Wheeler Insurance Details

ICICI Lombard And New India Information

ICICI Lombard And New India information includes incurred claims ratio, policy status, type of plan etc. ICICI Lombard Two Wheeler Insurance is a Comprehensive Policies where as New India Two Wheeler Insurance is Comprehensive Policy. For year 2014-15 incurred claim ratio of ICICI Lombard Two Wheeler Insurance is 91.64 %. However it is 86.83 % for ICICI Lombard Two Wheeler Insurance. Incurred claims ratios are specified as per IRDA publications.

Online Buying Feature

Online buying feature is available in almost all policies. Since ICICI Lombard Two Wheeler Insurance is In-Force, one can buy it online at present time. In addition to this some insurers also provide a facility to renew policies online. ICICI Lombard Two Wheeler Insurance can be renewed online. On the other hand, New India Two Wheeler Insurance is In-Force, and this plan supports online buying.

Depreciation Rates For IDV

Depreciation Rates For IDV are based on manufacturers' listed selling price of the brand, model of the vehicle and age of the vehicle. In case your vehicle gets stolen or damaged, insurance firm is liable to give the claim amount to the policy holder as per declared policy terms. Generally, depreciation rates remain same for all insurance providers. The depreciation rates are adjusted in the range of 5.00 % to 50.00 % for age of the vehicle less than 6 months to vehicle being 4 to 5 years old respectively.

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