
Age of the Car – With time the value of the four wheeler reduces due to depreciation.Greater the car’s cubic capacity, higher is the premium.
Engine Cubic Capacity – The premium of a car insurance plan is also a function of the car’s engine cubic capacity. It is one of the important factors which affect the calculation of the premium as IDV is the amount which insurance companies pay the policyholder in the event of total loss of car. Insured Declared Value – The Insured Declared Value (IDV) is the current market value of the four wheeler. Following are some factors which affect the premium for own-damage four wheeler insurance cover: The premium price of third-party car insurance plans is determined by the IRDAI, whereas the premium for standalone own-damage and comprehensive plans vary from insurance company to insurance company. In case of health insurance, you need to pay the entire bill amount to the hospital (after informing the insurer) and get it reimbursed from the insurer post discharge from hospital. In case of motor insurance, you need to pay the entire claim amount up front (after informing the insurer of the claim) and get it reimbursed from the insurer after the repair of your car/bike. Reimbursement claim:In case of unavailability of a cashless facility, you need to make a reimbursement claim. In case of health insurance, you can get in touch with your TPA (Third Party Administrator) help desk at the time of hospitalization for a cashless claim. In case of motor insurance, the insurer shares the details of a nearby cashless workshop if available and you just have to pay your part of the liability to get your car/bike repaired. Depending on the type of insurance (motor/health), the insurer will guide you about the cashless claim settlement process. Cashless claims: Get in touch with your insurer and inform them about your claim.
If you solve more number of the AIC MT Previous Year Question Papers your solving speed and analyzing thinking ability will increase very rapidly.There are two ways in which you can make a claim: Then your exam preparation will be done very systematically. Test of Hindi Language Essay, precise and Comprehension & Hindi & English grammar + translation from English toHindi and Hindi to English (Test) + Hindi typing,ĭownload AIC MT Sample Papers Subject Wise PDF DownloadĪpplicants must set a timetable to exercise the AIC Management Trainee Previous Exam Papers PDF before the exam date. Test of Hindi and English grammar/ vocabulary + knowledge of Act & Rules regarding Official Test of translation (English to Hindi and Descriptive English Test- Essay, precise and