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Ex. Showroom Price = 5% - 0 I.D.V. = 2056000 Basic Rate 3.3430 % = 68732 Detariff Discount 55 % - 37803 = 30929 Age Discount 5% 1546 29383 Profession Discoun 10 % 2938 26445 Electrical / Non El 0% 4.00 + 0 LPG / CNG Kit 0% 4.00 + 0 = 26445 NCB 20 % - 5289 Breaking Loading 0% + 0 Net OD = 21156 Zer Dep 0.8 % + 16448 Emergency Assistanc % + 350 OD With ADD On 37954 PA Covers For Owner Driver + 100 T.P.P.D. + 2853 CNG TP + 0 Legal Liability + 50 Unnamed Passenger 0 + 350 Total T P Part = 3353 Net Premium (Net OD +TP) = 41307 Service Tax 12.36 % + 5106 Final Premium = 46412

Premium Calcultation

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Page 1: Premium Calcultation

Ex. Showroom Price =5 % - 0

I.D.V. = 2056000Basic Rate 3.3430 % = 68732Detariff Discount 55 % - 37803

= 30929Age Discount 5 % 1546

29383Profession Discount 10 % 2938

26445Electrical / Non Elec. A 0 % 4.00 + 0LPG / CNG Kit 0 % 4.00 + 0

= 26445NCB 20 % - 5289Breaking Loading 0 % + 0Net OD = 21156Zer Dep 0.8 % + 16448Emergency Assistance % + 350OD With ADD On 37954PA Covers For Owner Driver + 100T.P.P.D. + 2853CNG TP + 0Legal Liability + 50Unnamed Passenger 0 + 350Total T P Part = 3353

Net Premium (Net OD +TP) = 41307Service Tax 12.36 % + 5106

Final Premium = 46412

Page 2: Premium Calcultation

Ex. Showroom Price = 010 % - 0

I.D.V. = 355746Basic Rate 3.1910 % = 11352Detariff Discount 20 % - 2270

= 9081Age Discount 0 % 0

9081Profession Discount 0 % 0

9081Electrical / Non Elec. A 8100 % 4.00 + 324LPG / CNG Kit 0 % 4.00 + 0

= 9405NCB 35 % - 3292Breaking Loading 0 % + 0Net OD = 6114Zer Dep 0 % + 0Emergency Assistance % + 0OD With ADD On 6114PA Covers For Owner Driver + 100T.P.P.D. + 925CNG TP + 0Legal Liability + 50Unnamed Passenger 0 + 250Total T P Part = 1325

Net Premium (Net OD +TP) = 7439Service Tax 12.36 % + 919

Final Premium = 8358

Page 3: Premium Calcultation

Ex. Showroom Price = 010 % - 0

I.D.V. = 868381Basic Rate 3.3430 % = 29030Detariff Discount 10 % - 2903

= 26127Age Discount 10 % 2613

23514Profession Discount 0 % 0

23514Electrical / Non Elec. A 0 % 4.00 + 0LPG / CNG Kit 0 % 4.00 + 0

= 23514NCB 20 % - 4703Breaking Loading 0 % + 0Net OD = 18811Zer Dep 0 % + 0Emergency Assistance % + 0OD With ADD On 18811PA Covers For Owner Driver + 100T.P.P.D. + 2853CNG TP + 50Legal Liability + 0Unnamed Passenger 0 + 500Total T P Part = 3503

Net Premium (Net OD +TP) = 22314Service Tax 12.36 % + 2758

Final Premium = 25072

Page 4: Premium Calcultation

Ex. Showroom Price = 0

Depreciation @ 10 % 0

Insured Declare Value (I.D.V.) = 1285000

Ratio @ 1.7260 % = 22179

Over Loading 13 X 270.00 + 3510

OD Premium = 25689

OD Discount 15.00 % - 3853

OD Premium = 21836

Total = 21836

IMT 23 21836 % 15.00 + 3275

Over Turning (IMT 47) 0 % 0.35 + 0

Electrical / Non Elec. Acc. 0 % 4.00 + 0

LPG / CNG Kit 0 % 4.00 + 0

Gross Own Damage = 25111

0 %

- 0

= 25111

No Claim Bonus 0 % - 0

Loading 0 % + 0

Net Own Damage = 25111

Compulsory PA Covers For Owner Driver + 100

T.P.P.D. + 12448

Legal Liability To Paid Driver + 50

Employee of Insured + 0

Cleaner/Conductor/Coolies + 250

Package Premium = 12848

Net Premium (Net OD + Package Premium) = 37959

Service Tax @ 12.36 % + 4692

Final Premium = 42651

Confined to Own Premises/Site discount

Page 5: Premium Calcultation

Ex. Showroom Price = 672300

Depreciation @ 10% - 67230

IDV = 605070

Ratio @ 1.697% = 10268

Additional 0 + 550

OD Discount -8.2% - -842

Electrical / Non Elec. Acc. 0 = 4% + 0

LPG / CNG Kit 10268 0 5% + 513

Total = 11660

IMT 23 11660 = 15% + 1749

Gross Own Damage = 13409

No Claim Bonus 20% - 2682

Loading 0% + 0

Net Own Damage = 10727

PA Covers For Owner Driver + 100

T.P.P.D. + 6529

Legal Liability To Paid Driver 50 X 1 + 50

Passenger 399 X 56 + 22344

CNG TP 0

Cleaner/Conductor/Coolies 50 X 2 + 100

Package Premium = 29123

Net Premium (Net OD + Package Premium) = 39850

Service Tax @ 12.36% + 4925

Final Premium = 44776

8855

Page 6: Premium Calcultation

Ex. Showroom Price = 1984000Depreciation @ 5 % - 99200I.D.V. = 1884800Basic Rate 1.1900 % = 22429OD Discount 20 % - 4486

= 17943IMT 23 17943 % 15.00 + 2691Over Turning (IMT 47) 0 % 0.35 + 0

= 20635

Own Premises Disc 0 % 33.33 - 0= 20635

No Claim Bonus 0 % - 0Loading 0 % + 0Own Damage = 20635

PA Covers Driver + 100T.P.P.D. + 1458Legal Liability To Paid Driver + 50Tractor Trolly TP 930/- 0Cleaner/Conductor/Coolies + 50Package Premium = 1658

Net Premium (Net OD + Package Premium) = 22293

Service Tax @ 12.36 % + 2755Final Premium = 25048

Page 7: Premium Calcultation

CD

Discount 1.19030% 0.357

0.8330

MISC. D

AGE ZONE A ZONE B ZONE C

0 TO 5 1.208 1.202 1.190

5 TO 7 1.238 1.232 1.220

7 TO 10 1.268 1.262 1.250

Page 8: Premium Calcultation

Ex. Showroom Price = 0Depreciation @ 10 % - 0Insured Declare Value (I.D.V.) = 0Ratio @ 1.6400 % = 0Over Loading (GVW) 0 X 270.00 + 0OD Discount 20 % - 0Electrical / Non Elec 0 % 4.00 + 0LPG / CNG Kit 0 % 4.00 + 0Total = 0IMT 23 0 % 15.00 + 0Over Turning (IMT 47) 0 % 0.00 + 0

Gross Own Damage = 0

%- 0= 0

No Claim Bonus 0 % - 0Loading 15 % + 0Net Own Damage = 0

Compulsory PA Covers For Owner Driver + 100T.P.P.D. + 3415Legal Liability To Paid Driver + 50Employee of Insured + 0Cleaner/Conductor/Coolies + 0Package Premium = 3565

Net Premium (Net OD + Package Premium) = 3565

Service Tax @ 12.36 % + 441Final Premium = 4006

Confined to Own Premises/Site discount

Page 9: Premium Calcultation

CDDiscount 1.260

30% 0.3780.8820

GCV- Public Carrier – 3 wheelerAGE ZONE A ZONE B ZONE C0 TO 5 1.664 1.656 1.6405 TO 7 1.706 1.697 1.6817 TO 10 1.747 1.739 1.722

Page 10: Premium Calcultation
Page 11: Premium Calcultation

Ex. Showroom Price = 0Depreciation @ 5% - 0Insured Declare Value (I.D.V.) = 160000Ratio @ 3.191% = 5106Additional 0 + 550OD Discount -20% - -1021Electrical / Non Elec. Acc. 0 = 4% + 0LPG / CNG Kit 15000 0 5% + 750Total = 7427IMT 23 0 = 15% + 0

Gross Own Damage = 7427

No Claim Bonus 20% - 1485Loading 0% + 0Net Own Damage = 5941

Compulsory PA Covers For Owner Driver + 100T.P.P.D. + 3059Legal Liability To Paid Dri 50 X 1 + 50Passenger 560 X 4 + 2240CNG TP 60Cleaner/Conductor/Coolie 50 X 1 + 50Package Premium = 5559

Net Premium (Net OD + Package Premium) = 11500

Service Tax @ 12.36% + 1421Final Premium = 12922

Page 12: Premium Calcultation

Ex. Showroom Price = 0 CDDepreciation @ 0 % - 0 Discount 1.260Insured Declare Value (I.D.V.) = 246000 30% 0.378Ratio @ 1.2600 % = 3100 0.8820Over Loading (GVW) 0 X 0.04 + 0OD Discount 30 % - 930 PCV- 3 wheelerElectrical / Non Elec. Acc. 0 % 4.00 + 0 AGE ZONE A LPG / CNG Kit 19000 % 4.00 + 760 0 TO 5 1.278Total = 2930 5 TO 7 1.310IMT 23 2930 % 15.00 + 439 7 TO 10 1.342Over Turning (IMT 47) 0 % 0.00 + 0

Gross Own Damage = 3369

%- 0= 3369

No Claim Bonus 0 % - 0Loading 0 % + 0Net Own Damage = 3369

Compulsory PA Covers For Owner Driver + 100T.P + 1097Legal Liability To Paid Driver + 50UNAMNED PASANGER + 1575CNG TP + 60LESS T.P.P.D. - 0Package Premium = 2882

Net Premium (Net OD + Package Premium) = 6251

Service Tax @ 12.36 % + 773Final Premium = 7024

Confined to Own Premises/Site discount

Page 13: Premium Calcultation

PCV- 3 wheelerZONE B ZONE C

1.272 1.2601.304 1.2921.336 1.323

Page 14: Premium Calcultation