MOTOR INSURANCE

This policy is arranged on comprehensive, Third-party fire & theft and third party only. The policy is classified into Private Motor, Commercial Vehicle, Motor Cycle, Motor Trade, Agricultural & Forensic vehicle.

Third Party Fire & Theft Covers the vehicle when there is a loss via fire or when it is stolen either at gunpoint or at the garage where it was parked, and third-party vehicle cover where there is accidental damage to the other party’s vehicle or property, up to a limit of ₦1,000,000.00.

Third Party Only Covers the damage caused by the insured to the third party’s vehicle or property, or injury or death by accident, to a limit of ₦1,000,000.00 — but this can be increased to whatever amount by paying additional premium.

Employees Fleet Cover can be granted to all of the employees’ vehicles under one umbrella on all of the above, with an insurance rate of less than 2% including excess buy-back.