Motor
Insurance
Do you own a motor vehicle or a motorbike?
Imagine driving your vehicle into another vehicle, causing injury to the passengers of the other vehicle and damaging the other vehicle. For
your peace of mind, a motor insurance policy is what you need.
Motor Insurance policy provides cover against risks associated with the use of a motor vehicle or cycle. Such risks include accidents, theft, fire, etc.
There are three types of motor insurance policies:
Provides cover for compensation in respect of bodily injury and death to third parties such as occupants, fare-paying passengers, and pedestrians. Damage to third party property is also covered up to a predetermined limit.
Third-Party Fire and Theft:
Provides cover for loss or damage to your vehicle by fire and theft in addition to all the benefits under Third Party only cover.
Comprehensive:
Provides all the benefits mentioned under Third-Party Fire and Theft as well as accidental physical loss or damages to your vehicle.