Duis sit amet velit quis augue sollicitudin tempus eget ut dui. Vestibulum ante ipsum primis in faucibus orci luctus ...
The syndicate module allows you to display a link that allows users to take a feed from your site. It will only ...

Comprehensive Motor Insurance

One-stop service to support your needs!

 With our expertise, we strive to understand and satisfy the unique needs of individual and corporation.
With our service, it would give you the peace of mind to perform your business, safe in the knowledge that your assets are protected.

We’re always looking at faster, smarter ways to get you back on the road.  From us, you’ll get protection you want – not more or less! It’s motor insurance.

Intentions

To give covers the liability of your cars and third party, if any loss or damage by insured motor vehicles.

Types of car which can be insured

  • Private cars
  • Commercial vehicles
  • Good carrying vehicles
  • Hired cars
  • Bus
  • Coaches (Taxi)
  • Mobile Plants
  • Ambulance, Fire engine, Religious vehicle, etc.

Some identities are need
1/ Register of vehicle
2/ Ownership contract
3/  4 photos of car (front, back,  left, right)

What can cover ?

  • Accidental collision
  • Overturning
  • Fire or lightning, fire external explosion
  • Impact damage caused by falling object
  • Malicious act
  • Whilst in transit by road, rail, inland, water way, lift or elevator.
  • Third-party liability

Compulsory

Strike, Riot and Civil Commotion (72 hours only)   0.05% of sum insured
Wind Screen
 5 % of wind screen value

 Additional Covers

Act of god (flood, wind storm, earthquake)   0.05% of sum insured  
War risk
0.05% of sum insured
Theft, etc. 15% of basic premium

 

Benefits

For death of any person   MMK   10 lkh (maximum)
For each person injured MMK
10 lkh (maximum)
For one event, third party liability for vehicle MMK
500  lkh (maximum)
For one event, third-party liability for motorcycle MMK
250  lkh (maximum)

No Claim Bonus

There’s no claim during 1st year, you can get NCB in next year.

  Private  Commercial/ Motorcycle 
After one year 25%  15%
After two years
30%
20%
After three years over 40% 25%

 * If there any loss or damage for windscreen, it’s not affected in NCB.

Insured Period

3 months, 6 months, 9 months up to 1 year.
Policy can be renewed yearly.

Premium Calculation

Depends on Usage of car, Value, class of car model, engine cubic capacity, seating capacity and market price.

We attached proposals for comprehensive motor insurance .. you can download here.

 

Our Services

  • Motor Insurance
  • Fire Insurance
  • Life Insurance
  • Special Travel Insurance
  • Health Insurance
  • Marine Cargo Insurance