Private Cars All Risks Insurance - Basic Plan (Car value up to $50K), Yearly Price Starting at

Required Documents:

Car Registration

Drivers license

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.

Third party material liability USD 500,000

Fire / Total Theft and Holdup covered with no deductible, based on market real car value.

Damages to the insured vehicle are covered

Personal Accidents coverage:

Death of drivers and passengers including family members

USD 15,000 per person

USD 50,000 in the aggregate

Medical expense for drivers and passengers including family:

USD 5,000 per person

USD 20,000 in the aggregate

Depreciation on spare parts: 0% during manufacturing year, then, 5% per year for the following years with a maximum of 50%

Airbag Unlimited

Road assistance Coverage:

Unlimited KM per ride, 2 rides per year in case of mechanical or electrical failure. Unlimited rides if car breakdown is due to accidents.

Replacement car 7 days in the aggregate, starting the 4th day of reparation, or USD 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 with a maximum of $10,000

Additional deductible

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