FAQs

Non Life Insurance

07 Mar 2003

fjrigjwwe9r3SDFAQs:FAQCont
eds 12 months, then the premium can be collected in installments and the basis of calculating the installment is as under:

  • The entire premium has to be collected 6 months before the expiry date of the policy.
  • The first installment must be at least 5 percent of the total premium as compared to the subsequent installment that should be equal in amount.
  • The interval between successive installments must not be less than three months.
  • The installments must be paid in advance and a schedule indicating the due date and the installment amount must be incorporated on the policy.

CONTACT:

319, RG MALL Sector-9, Rohini,
Near Rohini West Metro Station,
New Delhi-110085, India
+91 9811083803
+91 9717566266
rajiv@richinsurance.in
richcare@richinsurance.in

Subscribe for Newsletter

Go

All Rights Reserved © 2019 www.richinsurance.in