Comprehensive Motor Insurance
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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
Some identities are need
What can cover?
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.
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