MOTOR VEHICLE

Coverage

What is insured?

​​​​​​1. Third Party Only

• Damage to Third party Property
• Death of/Bodily injury to third party person

2. Third Party, Fire & Theft

• Cover provided by 1 above plus damage to the insured vehicle as a result of fire and theft/attempted theft.

3. Comprehensive

• Cover provided by 2 above plus accidental damage to the insured vehicle as a result of collision, overturning or malicious damage
• Options available for comprehensive insurance are Silver, Gold and Diamond

What is not insured?

1. Third Party Only

• Damage to the insured vehicle
• Damage to the property belonging to or within the control of the Insured/family members

2. Third Party, Fire & Theft

• Accidental damage to the Insured vehicle
• Consequential Loss/Wear and Tear
• Damage to Tyres Only
• Personal effects

3. Comprehensive

• Consequential Loss/Wear and Tear
• Damage to Tyres Only
• Personal effects

Where am I covered?

• Within Nigeria

What are my obligations?

• To disclose all material facts of the subject matter
• Payment of premium
• Immediate notification of claimable event
• Cooperate with claim adjusters

Are there any restrictions on cover?

• Policy Excess
• Sum Insured
• Geographical Limit
• Other Policy Limits

How do I pay?

• VISA|MasterCard|Verve

When does the cover start and end?

Immediately upon issuance of certificate of insurance (subject to Policy conditions) and ends at 12 midnight on the expiry date.

Benefits

1. Third Party Only

• Compliance with statutory requirement
• Financial relief of up to one million Nigerian Naira

2. Third Party, Fire & Theft

• Compliance with statutory requirement
• Financial relief of up to one million nigerian naira
• Replaceemnt of vehicle consumend by fire or stolen by a thief

3. Comprehensive

• Compliance with statutory requirement
• Financial relief of up to one million Nigerian Naira
• Replacement of vehicle consumend by fire or stolen by thief
• Repair or replacement of damaged vehicle resulting from acidents.