I am drafting a vehicle policy for my organization... i am almost done with it.. i want to add a Heading of Depreciation as well... but i want to know if depreciation should be included in the policy as well or not....
From Pakistan, Rawalpindi
Dep is calculated by Fin based on the cost of the vehicles and the year of purchase. Check with them. Its almost 10% yoy. You need to include it since if some one want's the bye back the vehicle, then working needs to be provided with.
Regards

From India
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