Page 424 - Motor Insurance Ebook IC 72

The Insurance Times

Solution Assessment of loss

S. Description Nature of Claim for Assessed for
No. Damage Rs. Rs. With

1. a. Front Bumper Broken depreciation
b. Cost of 15% 50%
colouring Bumper 2,000
Total replacement
Cost of Bumper 2,500

2. a. RH front door Pressed and 4,500 --- 4,500
requires 4,500
replacement
2,500
b. Cost of
colouring of front 7,000 7,000 ---
door
Total replacement 1 ,600
Cost of RH front 2,000
door
3,600 3,600 ---
3. a. Head light Panel 10,600 4,500
b. Coloring cost of
H/L panel 1,590 2,250
Total cost of 9,010 2,250
replacement of H/L
panel

Less depreciation
as per Policy
conditions@ 15%
& 50% for metal
parts and plastic
parts respectively

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