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The Insurance Times

Ex. No. 3

A Hyundai 1100 CC car registered on 1-1-2011 insured for
SI Rs. 3.5 lacs for a term 1-1-2011 to 31-12-2011 under
commercial vehicle package Policy. On 1-4-2000 while the
said car is under parked condition a Tata truck dashed against
the subject car (Taxi). The insured furnished the estimate of
loss as follows

1) Cost towards front Bumper           : Rs. 2000
     Cost towards colouring of Bumper  : Rs. 2500

2) Cost towards RH front door          : Rs. 4500

Cost towards RH front door painting charges : Rs. 3000

3) Cost towards front W/S Glass        : Rs. 2600

4) Mechanical charges (R/RF)           : Rs. 600

5) Salvage offer                       : Rs. 250

Find out amount to be indemnified to insured under the Policy.

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