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 lightniing, fire external explosion
• Impack 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.