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