Protect the vehicle you love with the right insurance.
Comprehensive Motor Insurance compensates for all the damages incurred in a particular accident, including the owner’s vehicle and the damage caused to the Third Party. This insurance also covers damages to your motor vehicle caused by fire, natural disasters, malicious damages, and cost for the transportation of the damaged vehicle up to the limit specified.
Third-Party Motor Insurance covers liability for the damages caused to the Third Party during an accident which the owner is legally liable.
The table below represents the benefits provided under these policies.
|Coverage||Third-Party Only||Comprehensive Excluding Theft||Comprehensive Including Theft|
|Third-Party Property Damage||YES||YES||YES|
|Third-Party Bodily Injury and Death||YES||YES||YES|
|Property Damage to the owner’s vehicle||NO||YES||YES|
|Bodily Injury and Death to the driver||NO||YES||YES|
|Compensation||Third-Party Only||Comprehensive Excluding Theft||Comprehensive Including Theft|
|Third-Party Property Damage||Up to 40,000.00||Up to 40,000.00||Up to 40,000.00|
|Third-Party Bodily Injury and Death||Up to 60,000.00||Up to 60,000.00||Up to 60,000.00|
|Property Damage to the owner’s vehicle||Not Applicable||Up to vehicle value||Up to vehicle value|
Loss or damage caused:
Inform Allied Insurance Company immediately after the incident by:
BML Insurance is underwritten by Allied Insurance & Ayady Takaful Company of the Maldives
1. Insured should make sure that you take all necessary action to minimize the losses.
2. In the event of a fire, a collision involving a third party, burglary/theft or malicious damage claim, you must notify the police as soon as possible and obtain a police report.
3. Repair works should be carried out with our approval
4. All damaged items should be preserved for inspection
5. Do not admit liability at any point or offer to settle the claim unless you have obtained the written consent from us
The information mentioned above are non-exhaustive. Please refer to the policy contract for the full list of cover and exclusions under this policy