This document provides a grid summarizing partner payouts for various insurers on the RB portal for two and three-wheeler insurance policies in the West zone of India. It lists preferred insurers with higher payout rates and non-preferred insurers with lower capped payout rates of 15% for comprehensive, own damage only (SAOD), and standalone own damage (SATP) policies by policy type, insurer, and state/region. It also outlines terms and conditions around capping non-preferred insurer and offline payout rates.
This document provides a grid summarizing partner payouts for various insurers on the RB portal for two and three-wheeler insurance policies in the West zone of India. It lists preferred insurers with higher payout rates and non-preferred insurers with lower capped payout rates of 15% for comprehensive, own damage only (SAOD), and standalone own damage (SATP) policies by policy type, insurer, and state/region. It also outlines terms and conditions around capping non-preferred insurer and offline payout rates.
This document provides a grid summarizing partner payouts for various insurers on the RB portal for two and three-wheeler insurance policies in the West zone of India. It lists preferred insurers with higher payout rates and non-preferred insurers with lower capped payout rates of 15% for comprehensive, own damage only (SAOD), and standalone own damage (SATP) policies by policy type, insurer, and state/region. It also outlines terms and conditions around capping non-preferred insurer and offline payout rates.
TW - Preferred Insurers on RB portal Policy Type Comprehensive SAOD SATP Policy Type Comprehensive SAOD SATP 1 IFFCO Tokio HDFC Liberty 1 HDFC ICICI Lombard ICICI Lombard 2 Reliance Reliance Reliance - Scooter only 2 Royal Sundaram IFFCO Tokio Royal Sundaram 3 ICICI Lombard Digit 3 New India Digit Shriram 4 Digit HDFC 4 Liberty Reliance - Bikes 5 Liberty 5 Royal Sundaram IFFCO Tokio 6 Shriram 6 Shriram
Terms & Conditions
1. All non preferred Insurers partner payout capped at 15% on OD 2. Pay-outs will be applicable for both ONLINE and OFFLINE cases, only for those insurance companies which are available on RB 3. IFFCO and Bajaj offline payouts are capped at 10% on OD
Insurer Business Type Vehicle Segment Reward On Applicable RTO's Declined / RTO's Declined Models CPA Scooter 32% Net All MH, GA & GJ RTO's NA - NA Bike 26% Net GJ, Mumbai, GA & Pune NA Bike Above 155 CC NA Bike 15% Net ROM (Pls Refer to ROM RTO List ) NA Bike Above 155 CC NA Roll-over / Renewals Scooter 25% Net ROM (Pls Refer to ROM RTO List ) NA - Scooter 18% Net Indore & Raipur NA - NA GoDigit Scooter 10% Net Rest of MP & CG NA - NA Scooter - 26% & Scooter & Bike Net Mumbai & GA NA Bike Above 155 CC NA Bike 25% New Scooter 18% Net GJ NA - NA Scooter 10% Net Pune & ROM NA Please refer to RTO List NA SAOD Scooter & Bike 15% OD All MH, GA, GJ, MP & CG RTO's NA Bike Above 155 CC NA Bike Rs 130 per policy - PAN INDIA NA Mandatory Bikes More than 600 CC Scooter Rs 225 per policy - PAN INDIA NA Mandatory HDFC New & Rollover /Renewals Bike Rs 100 per policy - PAN INDIA NA NA Bikes More than 600 CC Scooter Rs 80 per policy - PAN INDIA NA NA Bike 10% OD PAN INDIA NA - NA IFFCO Roll-over / Renewals & SAOD Scooter 10% OD PAN INDIA NA - NA Shriram New, Roll-over / Renewals Scooter & Bike 15% OD PAN INDIA NA - NA Liberty New, Roll-over / Renewals Scooter & Bike 15% OD PAN INDIA NA - NA Scooter 24% Net MH, GJ, CG & MP NA - NA New, Roll-over / Renewals ICICI Bike 18% Net MH & GJ NA Bikes Above 249 CC NA SAOD Scooter & Bike 25% OD MH,GJ,CG & MP NA - NA Roll-over / Renewals Bike 15% Net Mumbai, Thane, Pune & Goa NA - NA Reliance Roll-over / Renewals Scooter 18% Net CHHATTISGARH, DADRA & NAGAR MP - HAVELI, GOA, GUJARAT, SAOD Scooter & Bike 25% OD MP & Nagpur - NA MAHARASHTRA Duration 1st Oct'21 to 31st Oct'21 Note : All other RTO Locations and Models which are declined and not mentioned the payout is capped at 15% on OD TW – SATP PARTNER PAYOUT GRID