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Old January 2nd, 2017, 12:08 PM
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Join Date: Dec 2012
Default Re: United India Insurance Company Limited Bike Insurance

The United India Insurance Company Limited is provides facility for bike insurance. Also the United India Insurance Company Limited is having various insurance for customers.

Here is United India Insurance Company Limited premium calculator for Bike:

United India Two Wheeler Insurance Features and Benefits:

United India Two wheeler Insurance provides No Claim Bonus(NCB) facility up to 50% depending on the number of claim free years.

It provides a discount of 5% on the own damage premium subjected to a maximum of 50/- for motorised two wheelers.

United India Insurance Two Wheeler Insurance Coverages
Package policy
Liability only policy

Package Policy:
Accidental by external means
Fire, Self ignition, lightning
Burglary, theft or housebreaking by paying 3% of the IDV of accessories.
Terrorist activity.
Riot Strike and Malicious damage(intentional damage caused to your vehicle by external means).
Damage caused due to earthquake, flood and cyclone.
Transit by road, rail, lift or inland water waves.
Damage caused due to landslide or work slide.

Rate of depreciation:

Age of Vehicle Percentage of depreciation
Not exceeding 6 months NIL
Between 6 months and 1 year 5%
Between 1 and 2 years 10%
Between 2 years and 3 years 15%
Between 3 and 4 years 25%
Between 4 years and 5 years 35%
Between 5 years and 10 years 40%
more than 10 years 50%
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