Motor Insurance is a contract purchased by the owner
of a vehicle from an authorised insurer to protect
the policyholder (owner of the vehicle) against loss
or damage to his vehicle and or against loss or
damage which the policyholder might cause to another
person's vehicle or property and or death or bodily
injury to a third party.
Use in connection with the
Policyholder's business.
•
Use for the carriage of
passengers (other than for hire or reward)
in connection with the Policyholder's
business.
•
Use for social domestic and
pleasure purposes.
Does not covered:-
•
Use for hire or reward.
•
Use for racing pace-making
reliability trial or speed testing.
•
Use whilst drawing a trailer
except the towing of any one disabled
mechanically propelled vehicle.
Type of Covers
•
Comprehensive
The cover offers protection against
financial loss because it covers fire, theft
and accidental damage to the Insured's
vehicle in addition to the protection
against the legal liabilities to third party
for death and bodily injury and damage to
property that may arise through the
negligence of the driver.
•
Third Party
The cover offers protection against
financial loss as a result of damage the
driver of the vehicle may cause to the
property of a third party. It also provides
protection against any claims that may arise
because of the death of or injury to another
person through the negligence of the driver.
