FAQs

Non Life Insurance

06 Mar 2003

fjrigjwwe9r3SDFAQs:FAQCont
rcumstances under which a discount is offered on the amount of premium to be paid:

  • Where the insured is prepared to bear a fixed amount in respect of every claim for damages to the vehicle.
  • A discount commonly referred to as bonus is allowed on the premium when no claims are made against the policy during the relevant previous year.

Note:

Loading called malus is otherwise charged on the premium if the insured has made a claim during the relevant previous year.

A 5 percent discount is allowed if the insured is a member of a recognised Automobile Association (the amount of discount will not exceed Rs.100/- for private cars).

CONTACT:

Vismayam Capital Services LLP
Corporate Office:
Suite 4, JAI SAI COMPLEX, 200 Feet Road,
Thirumalai Nagar, Kolathur, Chennai,
Tamil Nadu. Pin code: 600099

+91 7358759995
+91 9150659995
+91 9150459995

"AMFI REGISTRATION NO: 180646
EUIN: E364161"

Copyright © 2024 Design and developed by Fintso. All Rights Reserved