During claim settlement, you have to bear the depreciation on certain car parts. This results in additional expenses at your end. Depreciation Shield protects you from these additional expenses.

1. Depreciation Shield
Your vehicle is as good as new!

2. YEAR 1
% In case of a claim, insurance companies apply the
depreciation rate to arrive at the amount payable
for a specific damaged part
YEAR 2 YEAR 3
DEPRECIATION is the rate at which the value
of your vehicle parts reduce as the vehicle ages

3. The difference
between the
depreciated value
and the market cost
of buying a new
part is borne by the
insured.

4. DEPRECIATION
SHIELD
covers the Depreciation
Amount on the Damaged
Parts that are allowed for
Replacements

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