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Home  FAQs Shop FAQs Cover FAQs | | |
| | | How do I upgrade my cover or add more covers to the existing one? | | In case you want to upgrade your cover or want to add more covers to your existing policy, if the same are available and on offer from the Company; you can do so through “endorsements” subject to the applicable terms and conditions. In such cases, you need to call our Call centers and tell them your requirements. The Call Center Team would guide you on the next steps to be taken or alternatively write to us. | | top |
| | | Do I have an option on choosing the covers I need? | | Yes, we offer 11 covers under Merchant Cover Insurance. You could choose the covers out of these as per your need. | | top |
| | | What is the tenure period that is offered? | The policy is for 12 months, but you could also choose for shorter term as per your need.
Period not exceeding 15 days - 10% of the annual rate
Period not exceeding 1 month - 15% of the annual rate
Period not exceeding 2 months -30% of the annual rate
Period not exceeding 3 months - 40% of the annual rate
Period not exceeding 4 months - 50% of the annual rate
Period not exceeding 5 months - 60% of the annual rate
Period not exceeding 6 months - 70% of the annual rate
Period not exceeding 7 months - 75% of the annual rate
Period not exceeding 8 months - 80% of the annual rate
Period not exceeding 9 months - 85% of the annual rate
Peroid exceeding 9 months - Full annual rate
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