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Not all companies do this and that to subject to conditions & formalities (which includes actual inspection from company side)- There is a difference between deal (online) & actual issue of policy
Whether it is new vehicle NO, have to check for the details
If the policy is renewed within deadline & should be with the same company else must produce other documents including RENEWAL NOTICE.
If the renewal notice is not produced and policy expired, fresh policy has to be taken and vehicle has to be inspected (an extra charge for this apart from service charge)
Cover note issued in the mean time before receiving actual policy is no more valid (actually they stopped issuing cover note and most of the cases are pending for claims for various reasons)
Switching from company to company is loss of NCB unless they produce renewal notice (within deadline) and hence a fresh policy.