MOTOR INSURANCE

BASIC COVER

The basic motor policy protects the Insured against loss or damage to the Insured vehicle, third party bodily injuries and properties depending on the coverage selected. The types of coverage available are:

Third Party Cover
Indemnifies the Insured against legal liability arising from both bodily injury and property damage to third party.

Third Party Fire & Theft Cover
Provides cover as in "Third Party Cover", and also indemnifies the Insured in the event that the Insured's vehicle is stolen or damaged by fire.

Comprehensive Cover
Provides covers as in "Third Party Fire & Theft Cover", plus physical damage to the Insured's vehicle following accidental collision or over-turning.

INTEREST / PROPERTY INSURED

The policy covers the following types of vehicle:

Private Vehicles
Private Car, Private Van & Four Wheel Drive (Private Use)

Goods Carrying Vehicles
Commercial Goods Carrying Vehicles with 'A' and 'C' Permit; also Petroleum, Diesel and Bitumen Tankers, LPG Long Trailer & Low Loader with 'A' and 'C' Permit.

Other Types of Vehicle
Taxis, Buses, Motorcycles, Tractor, Mobile Crane etc.

PREMIUM & EXTRA COVERAGE

The premium is calculated according to the Motor tariff prescribed by Persatuan Insurans Am Malaysia (PIAM) based on the following attributes :

Type of Coverage (Comprehensive, Third Party Fire and Theft, Third Party)
Use of vehicle (Private Car, Goods Carrying Vehicle, Buses, Taxis, etc)
Cubic capacity / Carrying Capacity
Age of vehicle
NCD Allowed
Sum Insured
No. of Authorized Drivers
Extended coverage

Policyholders also enjoy the following extended benefits with additional premium:

Windscreen (for Comprehensive Cover only)
Covers the breakage of glass in windscreens, front, rear and side windows. The damaged windscreen will be replaced and your NCB will not be affected.[Premium Charged - 15% of the Amount Insured]

All Drivers Coverage
(For Private use vehicle registered under company/organisation) This extra coverage allows any authorized person to drive your car. Not applicable to commercial vehicles (i.e. trailers, lorry etc).[Premium Charged - RM50 per vehicle]

All Riders Coverage
(For Motorcycle-Comprehensive/Third Party Cover) This policy covers unnamed riders.[Premium Charged - 50% loading of Basic Premium]

Legal Liability To Passengers
This coverage protects the Insured against legal liability to the passenger in the event of a claim.[Premium Charged - 25% of Third Party Premium]Basic Premium up to 4 persons only.

Strike, Riot & Civil Commotion (for Comprehensive Cover only)
Covers the vehicle against damage caused by strike, riot and civil commotion.[Premium = 0.3% x Sum Insured of your vehicle]

Legal Liability of Passengers
Covers the legal liability of passengers for acts of negligence.[Premium - RM7.50 per car]

Current Year NCD Relief
This extension provides cover for compensation for loss of "No Claim Discount" (NCD). [Premium - 15% on NCD entitlement of the current period of insurance and is subject to a minimum premium of RM50]