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Shriram General Two Wheeler Insurance
Shriram General Two Wheeler Insurance

New India Assurance Liability Policy
New India Assurance Liability Policy



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Shriram General Two Wheeler Insurance
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New India Assurance Liability Policy

Details Of Shriram General And New India Assurance

1 Details
1.1 Incurred Claims Ratio
1.1.1 Incurred Claims ratio
Magma HDI Two W..
90.38 %
Rank: 4 (Overall)
86.83 %
Rank: 6 (Overall)
National Liability Policy Details
1.1.2 Incurred Claims Ratio (2013-14)
Magma HDI Two W..
90.38 %
Rank: 4 (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 Liability Policy Two Wheeler Insurance have it !
1.3.2 Renew
All Comprehensive Policy Two Wheeler Insurance have it !
All Liability Policy Two Wheeler Insurance have it !
1.4 Type of Plan
Comprehensive Package Policy
Third Party Liability 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

Shriram General And New India Assurance Information

Shriram General And New India Assurance information includes incurred claims ratio, policy status, type of plan etc. Shriram General Two Wheeler Insurance is a Comprehensive Policies where as New India Assurance Liability Policy is Liability Policy. For year 2014-15 incurred claim ratio of Shriram General Two Wheeler Insurance is 90.38 %. However it is 86.83 % for Shriram General 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 Shriram General 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. Shriram General Two Wheeler Insurance can be renewed online. On the other hand, New India Assurance Liability Policy 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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