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Occasional Contributor
mukeshgsachdev
Posts: 13
Registered: ‎27-04-2016

Policy Reinstatement

Does Reinstatement concept prevelant in General Insurance as well?  How do i reinstate private car policy?

 

regards

5 REPLIES 5
Frequent Contributor
kelvindsouza1
Posts: 96
Registered: ‎02-08-2016

Re: Policy Reinstatement

Usually, an extended warranty is not offered for private car.

Occasional Contributor
mukeshgsachdev
Posts: 13
Registered: ‎27-04-2016

Re: Policy Reinstatement

 
Frequent Contributor
maheshkulkarni
Posts: 88
Registered: ‎02-08-2016

Re: Policy Reinstatement

In guess, reinstatement is prevalent under the Home Policy, but not for a private car policy.

Contributor
hanif
Posts: 74
Registered: ‎31-03-2016

Re: Policy Reinstatement

As I understand, if you claim for partial loss under the private car policy, it does not effect the Insured Declared Value.

Occasional Contributor
mukeshgsachdev
Posts: 13
Registered: ‎27-04-2016

Re: Policy Reinstatement