Aims

To sustain the loss from car accident that the car owner becomes legally liable under Third Party Liability and from the physical damage of insured car.

Covered Items

Owner:

Individual or Corporation

Policy Type & Coverage Period

Annual Policy and Renewable in accordance with the claims history

Premium

Depends on

• Particulars of the insured
  Occupation/ Age / Year of driving experience/ past claim history etc.
• Particulars of motor car to be insured
  Model/ Type of body/ Year made/ Cubic capacity etc.
• Others
  ‘No claim discount’ accumulated/ Purpose for vehicle used
• Probability of Loss such as hot car for theft
• Excess Availability
• Policy Discount Availability
• Territorial Risk

Exclusion

• Standard Exclusions if applicable
• Alcoholism
• Consequential loss
• Damage to tyres unless damage is caused to other Vehicle Parts
• Speed testing; Racing ; Competition

Market

Driver and Motor Vehicle with following preferable particulars is most welcome by the Market. Again, Price is inferior to rational consideration of Insurer’s Prudence & Professional Consultants Service that is essential in obtaining success, effectiveness and efficiency in claims settlement. A relative low price cannot tell the true story.