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| MOTOR INSURANCE
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Scope
of Cover |
There are three types of coverage available
namely Comprehensive, Third Party Fire
& Theft and Third Party Cover.
(a)
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Comprehensive Cover
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The Comprehensive
cover is the widest form of coverage
and it will indemnify you, the
insured, in the event of loss
or damage to your vehicle in the
following circumstances by: |
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i.
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accidental
damage, collision or overturning. |
ii. |
collision or overturning
caused by mechanical breakdown
or consequent upon wear
and tear. |
iii. |
fire, lightning or explosion |
iv.
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burglary, housebreaking
or theft |
v.
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malicious acts |
vi. |
impact damage caused
by falling objects |
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The cover will also include
for legal liability to third party
in respect of death or bodily
injury and damage to third party
property arising out of the use
of the motor vehicle.
Supplementary covers that can
be included with additional
premium are: |
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i.
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Breakage of
windscreen or glass of windows; |
ii.
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Flood, typhoon, hurricane,
storm, tempest, volcanic
eruption, earthquake, landslide/landslip
or other convulsions of
nature; |
iii. |
Riot, strike and civil
commotion; |
iv.
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Radio cassettes , car
phones; |
v.
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Sports rims and car accessories; |
vi.
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Legal liability of passengers
for acts of negligence; |
vii.
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Legal liability to non
fare paying passengers; |
viii.
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All Drivers (for business
organization ). |
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(b)
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Third Party and Theft |
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The policy indemnifies for liability
in respect of damage to property
arising out of the use of the
motor vehicle and in respect of
death or bodily injury to third
party including claimant’s
costs and expenses. |
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(c)
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Third Party |
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The policy will indemnify you
including claimant’s costs
and expenses for legal liability
to third parties in respect of
death or bodily injury or damage
to property arising out of the
use of the motor vehicle. |
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