MOTOR VEHICLE INSURANCE
Indemnifies vehicle owners against loss of, or damage to, the vehicle as well as liabilities arising from bodily injury sustained by, or damage to properties of,third parties.
Types of Coverage:
- Compulsory Third Party Liability (CTPL)
- Loss or Damage
- Voluntary Third Party Liability (VTPL):
- Death/Bodily Injury
- Property Damage
Optional Coverage:
- Unnamed Passenger Personal Accident (UPPA)
- Extended Coverage – Flood, Typhon, Volcanic Eruption, Earthquake or Strikes, Riots and Civil Commotion
PERSONAL ACCIDENT INSURANCE
Provides benefits to the insured or their beneficiaries in case of death or disablement caused by an accident. It also provides reimbursement of medical expenses incurred and burial assistance.
Personal Accident (PA) Packages:
- Individual PA
- Family PA
- Group PA
- Student PA
COMPREHENSIVE GENERAL LIABILITY (CGL) INSURANCE
CGL is the business liability insurance protection suited for offices, commercial and industrial establishments. It indemnifies the client for liability arising from bodily injury to, or damage to the property of, third parties in the course of the client’s business operations.
PROPERTY FLOATER INSURANCE
All-risk insurance for externally caused, direct, physical loss or damage to insured properties, subject to specified excusions.