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This idv in car insurance helps your insurer, a.k.a us determine your claim amounts correctly during claim payments. The idv of the vehicle is to be fixed on the basis of manufacturer’s listed selling price of the brand and model as the vehicle proposed for insurance at the commencement of insurance /renewal and adjusted for…
Tag: hindi
Ncb Means In Insurance In Hindi
As a reward for being a safe driver, when you renew your policy, the insurance company gives this discount on your premium. (do note, ncb exclusively applies to own damage component of your premium, which is the premium calculated based on idv or insured declared value of the bike minus the cost of bike’s wear…