PORTABLE DEVICES ONLY

NEW INDIA INSURANCE

SR.NO Device Amount SHIELDSURE Service Tax Shieldsure profit
1.75 2.5
1 500 - 5000 88 125 399 56 218
2 5001 - 10000 175 250 699 98 351
3 10001 - 20000 350 500 1199 168 531
4 20001 - 50000 875 1250 2199 308 641
5 50001 - 90000 1575 2250 3199 448 501
6 90001 - 130000 2275 3250 4199 588 361
7 130001 - 200000 3500 5000 6199 868 331
8 200000 - 300000 5250 7500 9199 1288 411
9 300001 - 400000 7000 10000 12199 1708 491
10 400001 - 500000 8750 12500 14999 2100 399

Within 20 days
NON PORTABLE DEVICES ONLY
NEW INDIA INSURANCE
SR.NO Device Amount SHIELDSURE Service Tax Shieldsure profit
0.70%
1 500 - 5000 399 56 343
2 5001 - 10000 699 98 601
3 10001 - 20000 1199 168 1031
4 20001 - 50000 2199 308 1891
5 50001 - 90000 3199 448 2751
6 90001 - 130000 4199 588 3611
7 130001 - 200000 6199 868 5331
 8 200000 - 300000 9199 1288 7911
9 300001 - 400000 12199 1708 10491
10 400001 - 500000 14999 2100 12899

Depreciation for partial loss Depreciation for complete loss

0% Depreciation of invoice value Depriciation(%) Age of product(months
Except compulsory deducted fees
5% or Rs.499 whichever 10 0 to 3
is higher. 25 3 to 6
50 6 to12
Shieldsure profit

218
351
531
641
501
361
331
411
491
399

Depreciation 70% of amount will

Shieldsure profit be paid by New India

343 3500
601 7000
1031 14000
1891 35000
2751 63000
3611 91000
5331 140000
 7911 210000
10491 280000
12899 350000

omplete loss
Age of product(months)
0 to 3
3 to 6
6 to12
 21st day-3 years
PORTABLE DEVICES ONLY
NEW INDIA INSURANCE
SR.NO Device Amount SHIELDSURE
1.75 % TO 2.50 %

1 500 - 5000 88 - 125 249

2 5001 - 10000 175 - 250 549
3 10001 - 20000 350 - 500 1049
4 20001 - 50000 875 - 1250 2599
5 50001 - 90000 1575 - 2250 4599
6 90001 - 130000 2275 - 3250 6599
7 130001 - 200000 3500 - 5000 10599
8 200000 - 300000 5250 - 7500 15599
9 300001 - 400000 7000 - 10000 20599
10 400001 - 500000 8750 - 12500 25999

NON PORTABLE DEVICES ONLY

SR.NO Device Amount NEW INDIA INSURANCE SHIELDSURE

1 500 - 5000 249

2 5001 - 10000 549
3 10001 - 20000 1049
4 20001 - 50000 2599
5 50001 - 90000 4599
6 90001 - 130000 6599
7 130001 - 200000 10599
8 200000 - 300000 15599
9 300001 - 400000 20599
10 400001 - 500000 25999

Depriciation
Depriciation(%) Age of product(months)
15 0 to 3
30 3 to 6
60 6 to12
LY
SHIELDSURE Shieldsure profit

249 124
549 299
1049 549
2599 1349
4599 2349
6599 3349
10599 5599
15599 8099
20599 10599
25999 13499

ONLY
SHIELDSURE Shieldsure profit

249
549
1049
2599
4599
6599
10599
15599
20599
25999
Portable devices Non-portable devices

Mobiles, tablets