Insurance
Motor Insurance
Private Motor Insurance
What does it cover?
The comprehensive motor insurance covers you against:
- Accidental or fire damage to your vehicle
- Theft of your vehicle
- Liabilities to other parties for injury or death
- Damage to other parties’ property
Option Extension:
1. Special Perils
2. Windscreen Protections
3. All Drivers / Named Drivers
4. Passenger Liability
5. Riot, Strike &Civil Commotion
Key Coverage
1. Comprehensive Cover
- Third party bodily injury and death
- Third party property loss or damage
- Loss or damage to your own vehicle due to accidental fire, theft or accident
2. Third Party Fire & Theft Cover
- Third party bodily injury and death
- Third party property loss or damage
- Loss or damage to your own vehicle due to accidental fire or theft
3. Third Party Cover
- Third party bodily injury and death
- Third party property loss or damage
Basic of Sum Insured
Market Value: Covers the current market value of the vehicle at the time of the loss. This takes into account factors such as the vehicle’s age, condition, mileage, and market demand. During a total loss claim, the value payable is according to the market value at the time of loss.
Agreed Value: Covers an agreed fixed sum agreed between the insurer and insured for the vehicle at the time of policy purchase. This agreed value remains fixed throughout the policy term. During a total loss claim, the value payment is fixed.
What We Don't Cover
Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
- Your own death or bodily injury due to motor accident
- Your liability against claim from passengers in your vehicles
Commercial Motor Insurance
What does it cover?
Commercial Motor Vehicle insurance protects vehicles used for business purposes, such as delivery trucks, buses, and other modes of transportation used for ferrying goods or passengers, against liabilities to third parties for death or bodily injury, property damage to third parties, accidental or fire damage, or theft of your vehicle.
A Permit Truck
Vehicles carrying goods for hire or hire for or in connection with any trade or business carried on.
C Permit Truck
Vehicles carrying their own goods for or in connection with any trade or business carried on.
Special Types
Vehicles such as construction vehicle used on the road
Key Coverage
1. Comprehensive Cover
- Third party bodily injury and death
- Third party property loss or damage
- Loss or damage to your own vehicle due to accidental fire, theft or accident
2. Third Party Fire & Theft Cover
- Third party bodily injury and death
- Third party property loss or damage
- Loss or damage to your own vehicle due to accidental fire or theft
3. Third Party Cover
- Third party bodily injury and death
- Third party property loss or damage
Basic of Sum Insured
Market Value: Covers the current market value of the vehicle at the time of the loss. This takes into account factors such as the vehicle’s age, condition, mileage, and market demand. During a total loss claim, the value payable is according to the market value at the time of loss.
Agreed Value: Covers an agreed fixed sum agreed between the insurer and insured for the vehicle at the time of policy purchase. This agreed value remains fixed throughout the policy term. During a total loss claim, the value payment is fixed.
What We Don't Cover
Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
- Your own death or bodily injury due to motor accident
- Your liability against claim from passengers in your vehicles