Motor Vehicle Private Insurance

Motor Vehicle Private Insurance

Indemnity against loss of or damage to and legal liability to third parties arising out of use of motor vehicles, motor cycles and special types or operated by the insured.

We offer the following 3 types of Motor Insurance cover:

  1. Third Party: Covers third party bodily injury and property damage arising out of a vehicle accident. This covers unlimited liability for Third party personal injuries or death. For any vehicle, this is the minimum cover required by the Motor Insurance Act. No cover is provided for any form of damage to the policyholder’s vehicle.
  2. Third party Fire & Theft: Cover extends to cover theft, fire, third party bodily injury and property damage. This cover is not very common. It has features of comprehensive cover but excludes damage arising from an accident. This is advisable for vehicles not exposed on the roads.
  3.  Comprehensive: Covers third party liability and property damage to the vehicle i.e. damage arising out of fire, theft and accidental damage to the vehicle. It is the widest cover available.