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Ans: Insured declared benefit (IDV) is the most quantity to generally be paid by an insurance company at time of a claim When the car is a total decline or stolen. It's the sum insured and is mounted within the commencement of your policy interval for each insured car or truck.
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Ans: If you are caught driving your automobile without a valid insurance coverage for read more The very first time, you will end up liable to pay for a penalty of Rs 2000 or/and can be jailed for up to 3 months.
Ans: No claim reward (NCB) is a reduction on renewal quality provided by insurance businesses Should the car or truck owner has not made a single assert all over the preceding motor insurance plan time period.
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