Motor Insurance Policies:
a) Third Party Liability Insurance
Legally, all vehicle owners are obliged to insure their liabilities against third parties. This policy indemnifies two kinds of damages:
Property damages:Covers property damages to third party caused by the driver in accidents.
Bodily Injury:Covers death, disability, permanent or temporary disablement, and medical expenses caused by accidents.
b) Driver's Accident Cover
This policy pays damages incurred to drivers.
Driver's Accident Covers limits are:
- Death indemnification
- Permanent or temporary (complete or partial) disabilities
- Compensation ofmedical expenses (out/inpatient) up to 10% of limit.
c) Motor Hull Insurance
This policy covers insured against theft, fire, explosion, accident and damages for fees and spare parts with the price at thedate of accident.
Note: In case of no claim or accident the insured will be eligible for no claim discounts.