Private Cars All Risks Insurance - Basic Plan (Car value up to $85K)

 Required Documents:

1. Car Registration
2. Drivers license
3. Car photos of all sides

Product Condition:

• These rates are applicable for private cars. Special cars, sports cars, luxury cars & cars above limit require referral.
• Sum insured = Car value in fresh USD
  
• Premiums payable in fresh USD
• Covers clients at 100% for partial and total loss as per chosen plan
• In case of total loss, depreciated car market value will be paid in fresh USD

Benefits

• Dealership repair is not granted.
• Bodily Injuries are covered up to $250,000 in excess of compulsory BI, provided compulsory BI is in force with us
• Third party material liability $1,000,000
• Fire / Total Theft and Holdup covered with no deductible, based on market real car value.
• Partial theft of internal parts (by force): Covered up to $1,500 with no deductible in the aggregate
• Damages to the insured vehicle are covered
  
• Scratching and Denting are covered up to $150 excluding intentional acts.
• Personal Accidents coverage: death for drivers and passengers including family
  
• USD 15,000 per person
• USD 50,000 in the aggregate
• Personal Accidents: medical expense for drivers and passengers including family
• USD 5,000 per person
• USD 20,000 in the aggregate
• Depreciation on spare parts: No depreciation will apply on new spare parts for car age 0 to 2 years in case used spare parts are not available on the local market. Otherwise, 10% during the year following manufacturing year, and 5% per year for the following years with a max of 50%
• Airbags are covered 
• Road assistance: Unlimited kilometers and frequency per year due to accident or mechanical/electrical failure (cover granted after 5 days from policy issuance due to mechanical and electrical failure, subject to new policies only)
• Replacement car: 5 days in the aggregate, starting the 2nd day of reparation, or $25 per eligible day.
• Replacement car in case of total loss USD 250
• Total loss, the depreciated market value of the car is computed, subject to 10% deductible
• Registration fees in case of total loss: up to 7.5% of the depreciated market real car value will be paid.
• Litigation expense $2,000 per year
• Strikes, Riots and Civil Commotions (SRCC): Covered up to a maximum limit of $1,000 in the aggregate.
• Hail, Storm, Tempest and Flood: Covered up to $1,000

Additional deductible

1. If age of owner is 21 or younger mandatory additional deductible of $100 on each and every loss