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    Students will now be able to pursue two fulltime academic programs simultaneously

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  • Home
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    Students will now be able to pursue two fulltime academic programs simultaneously

    Students will now be able to pursue two fulltime academic programs simultaneously

    Free online study module introduced for Ukraine returned medical students in Maharashtra

    Free online study module introduced for Ukraine returned medical students in Maharashtra

    Degrees to be awarded within 180 days of the declaration of results: UGC to HEI’s

    Degrees to be awarded within 180 days of the declaration of results: UGC to HEI’s

    upGrad allocates 50 crores for its philanthropic organization, upGrad foundation

    upGrad allocates 50 crores for its philanthropic organization, upGrad foundation

    Adani University granted private university status by the Gujarat legislative assembly

    Adani University granted private university status by the Gujarat legislative assembly

    Weekly program launched by AIR for students preparing for competitive exams

    Weekly program launched by AIR for students preparing for competitive exams

    PhD students at BHU to be awarded one year teaching fellowship of Rs 40,000

    PhD students at BHU to be awarded one year teaching fellowship of Rs 40,000

    Civil Services Orientation & Mentorship Program launched by ICAI for CA students

    Civil Services Orientation & Mentorship Program launched by ICAI for CA students

    1 lakh internship opportunities launched by Union Education Minister

    1 lakh internship opportunities launched by Union Education Minister

    More than 120 Mumbai colleges seek to increase streams and seats

    More than 120 Mumbai colleges seek to increase streams and seats

  • Academics
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    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Delhi University seeks response on its newly designed Undergraduate Curriculum Framework 2022

    Updates regarding NEET UG Counselling 2021

    Updates regarding NEET UG Counselling 2021

    Online learning a boon for the CAT 2021 topper

    Online learning a boon for the CAT 2021 topper

    National Board of Examinations announced changes in NEET MDS 2022 exam

    National Board of Examinations announced changes in NEET MDS 2022 exam

    Scholarships for Higher Education Plus

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    Need for self-dependent students in self-reliant India

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    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

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    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

    Pandemic effect: UPSC Preparation in Flux IAS Gurukul announces new tech feature upgrade on App for UPSC Aspirants in 2022

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    Updates regarding NEET UG Counselling 2021

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    National Board of Examinations announced changes in NEET MDS 2022 exam

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    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

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    Development can go hand with forestation: Dr.Mukesh Kwatra

    How to make your future bright in Naturopathy: Dr N K Sharma

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    Blended learning is an important pedagogy for B-Schools

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    Understanding the objective of fellowship is important

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    OMOTEC’s four young geniuses win laurels at IRIS National Fair

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    Tremendous potential to uplift India’s schooling systems: Lina Ashar

    Dr Malini Saba

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    Wipro earthian awards 2021 felicitate excellence in sustainability education

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

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    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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All you need to know about Zero deprecation add-on cover

All you need to know about Zero deprecation add-on cover

Ever since the Motor Vehicles Act made it mandatory for car owners to have a motor insurance policy, Insurers have provided a diverse range of motor insurance products that protect the insured from the financial jolt that follows in cases of accidental repairs. Zero-depreciation is one such add on cover that offers comprehensive coverage.

With the rise in road accidents and increased sales of luxury or sports cars, choosing an insurance policy that offers comprehensive coverage is recommended. Zero depreciation add-on cover in car insurance ensures complete coverage, negating the impact of depreciation.

Depreciation is the devaluation in the value of an asset due to natural wear and tear, usage and obsolescence. Apart from the engine and the moving parts, other parts of a vehicle are also prone to depreciation – such as plastic and metal. Based on the car’s age, the accumulation of depreciation ranges from 5% during 0 to six months to 50% for vehicles above 10 years of age.

When an accident occurs, insurers pay for replacement of parts impacted due to the accident after deducting the depreciation. In such cases, the insured needs to pay for the difference between the value of the new part and the depreciated value. However, if one has a zero-depreciation add-on cover, which can be availed at a nominal premium, the insured can receive the entire amount of damaged parts without considering the amount of depreciation.

“Car insurance is not an expense but as an investment. Higher the investment, the greater the rewards that one can benefit from. At Raheja QBE GI, customer satisfaction has always been our priority and we believe in delivering a superior customer experience. Zero depreciation is one such add-on cover which ensures complete coverage, negating the impact of depreciation hence, choosing such cover is highly recommended” adds Mr. Pankaj Arora, MD and CEO, Raheja QBE General Insurance.

An extensive Zero depreciation add-on cover offers many benefits, some of which are enhanced coverage, reduced expenses for the insured and peace of mind. These factors liberate the insured from worrying about costly repairs while enjoying the ownership of their car.

Zero depreciation add-on cover can be added to your existing car insurance policy and can also be chosen when buying a new insurance policy.

Tags: Mr. Pankaj AroraRaheja QBE

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