Shriram General Insurance

  NCB is the acronym for No Claim Bonus which is commonly used in the insurance sector. This term is favourable for the customers, as in this case the customer is offered some kind of discount. The NCB is generally offered to own damage policy. This is not a third-party insurance discount. The norms for NCB are governed by the IRDA. Car insurance is a silver bullet for the problems that can affect you from natural or man-made peril. This brings you financial or legal aid in case of any unpleasant event. Car insurance is mostly used for accidental causes, as this can be devastating for the vehicle.  Different Slabs for NCB Rates  The offered NCB varies from year to year. This is not a fixed discount which is offered to the customers every year. Let us have a look at the different types of slabs offered by insurance companies in order of NCB in Own damage policy.    Years of no Claim NCB   (%) 1 year 20%...

  As being Indian we don’t get satisfied with what is offered, the demand of getting something extra is always in our minds. And even though the time the raw insurance policy offered by the insurer is incomplete. Hence, the insurance policy came up with Add-ons. Add-ons are the additional features that are offered by the insurer with the insurance policy. These are not compulsory to opt with the policy, but in case you want to ensure a vehicle’s safety with these offerings then by paying a little bit extra premium you can cover them with the policy.   The add-ons for car insurance may vary from company to company. Although, here we are going to discuss some of the common and mostly used add-ons presented by the insurance company. One thing to note, the additional features offered by the insurer are under own damage policy only. Whether it is a comprehensive or individual own damage policy.  The most preferred and widely used add-ons are: -  Nil-depreciat...

The country of India has at its highest peak in the growing sector. It is observing one of the fastest phases ever. The growth of the businesses is one of the main reasons that in encouraging the development of the nation. Businesses are one aspect that has played a critical role in building the potential of India’s economy. Every organization requires a supply chain that completes the cycle of raw materials from the business to the clients. The clients can be other businessmen or normal customers. The supply chain is covered by commercial vehicles, trains, cargo marines, cargo aircraft, etc. Though, the use of commercial vehicles plays a vital role as the backbone of any business. As per the report, there are more than 1 million commercial vehicles on the roads which are serving the companies to serve their client on time and grow more. Now, the point is that why are commercial vehicles insurance important to flourish the business?  Insurance company assures the safety of the v...

  An insurance policy is mandatory for all vehicles. If you have misplaced the insurance policy, then you can have a new insurance policy by following some simple steps.  If we will talk about the most important document for riding a bike then these are RC, insurance policy, PUC, Driving Licence etc. In case you forget any of the paper then you can be charged by a respected policy person if caught. Hence you must have all these papers with you including a two-wheeler insurance policy. STEPS TO FILE ONLINE INSURANCE POLICY PAPER Downloading an online insurance policy paper requires some information about the vehicle, such as the policy number. If you don't have a policy number, you can't download an online insurance policy.  Simple steps for downloading a two-wheeler insurance policy document are as follows: - ·          Visit the insurance company's website. ·          Find the “...

For driving a car on Indian roads, one must opt for third party insurance. As the condition of the Indian roads are very well known. The government of India has mandated it by the Motor Vehicle Act. If you skip insuring your car on time, then you are inviting penalties on your end.  What is the Grace period in Car Insurance? A window of time frame offered by the insurance company to the insurer after completing the insurance policy, to renew the car insurance and avail all the benefits. Being in a chaotic life, it is quite possible to stick to personal work or emergency situations one can forget or not be able to renew the policy on time. For such a condition, the insurer offers a grace period to every insured. Grace period is beneficial for the customer, as it offers all the benefits that can be availed at the time of renewal of policy on the expiry date.  Benefits of Grace period  ·          One can avail all the benefits...

  Are you interested In Online car insurance ? So you can choose Shriram General Insurance this company's vision is to provide perfect insurance services to the ''Aam Admi'' and achieve the highest satisfaction. . Company Name :- Shriram General Insurance Address :- E-8, EPIP, RIICO Industrial Area, Sitapura, Pin code :- 302022 City :- Jaipur State :- Rajasthan Country :- India Email :- online.insurance@shriramgi.com Website :-   buy car insurance online Contact :- 1800-300-30000/1800-103-3009

 Nil Depreciation is an Add-on feature that is provided by the insurer in the comprehensive insurance policy. An Add-ons are an additional feature that can be opted for by the customer as per the requirement. These are not an actual part of the comprehensive insurance policy. Nil Depreciation is the feature under a car insurance policy whereby the insurer becomes liable to compensate 100% of the damage caused to the vehicle beyond the IDV value. IDV is the Insured Declared Value of any vehicle, which is derived by the policyholder and insurer. IDV means the exact value of the vehicle in the market. In a normal insurance policy, the insurer deducts the IDV value from the total payable amount and then the bill is passed. But in case of nil deprecation, the insurer will pay for the total amount of the bill. Factors that are considered in Nil Deprecation Age of the Vehicle: - The nil deprecation is only offered till 5 years of the vehicle. It means that if the vehicle has more ...

Are you interested In Online car insurance ? So you can choose Shriram General Insurance this company's vision is to provide perfect insurance services to the ''Aam Admi'' and achieve the highest satisfaction. Company Name:- Shriram General Insurance Address:-    E-8, EPIP, RIICO Industrial Area, Sitapura,  Pin code:- 302022 City:- Jaipur State:- Rajasthan Country:- India Email:- online.insurance@shriramgi.com  Website:- https://www.shriramgi.com Contact :- 1800-300-30000/1800-103-3009

  In India, if you own a Two-Wheeler, it is mandatory to insure your vehicle . As per the Government norms, you should at least have a Third Party (TP) insurance for your vehicle. Providing the required aid at the time of risk, the insurance company plays a vital role in our during uncertainty . Under the umbrella of insurance, calamities like theft of vehicles, third party insurance, natural disaster, personal accident insurance etc. are covered . . If we will talk about insurance then there are two types of insurance: - · Third-party liability insurance · Comprehensive insurance   Third-party liability insurance Third-party liability insurance offers a basic cover, it protects you against the damages caused to the third-party injuries and damages to their vehicle . For example-, you met an accident, and a third person is wounded  as well as the vehicle is also damaged, here comes the role of your insurance company . Financial and legal concerns will be overseen by the i...