View
1.812.445
Download
2
Category
Preview:
DESCRIPTION
During claim settlement, you have to bear the depreciation on certain car parts. This results in additional expenses at your end. Depreciation Shield protects you from these additional expenses.
Citation preview
Depreciation ShieldYour vehicle is as good as new!
YEAR 1
% In case of a claim, insurance companies apply the depreciation rate to arrive at the amount payable for a specific damaged part
YEAR 2 YEAR 3
DEPRECIATION is the rate at which the value of your vehicle parts reduce as the vehicle ages
The difference
between the
depreciated value
and the market cost
of buying a new
part is borne by the
insured.
DEPRECIATION SHIELD covers the Depreciation Amount on the Damaged Parts that are allowed for Replacements
facebook.com/bajajallianz
twitter.com/bajajallianz
www.bajajallianz.com
youtube.come/user/jiyobefikar
Recommended