COMPREHENSIVE MOTOR COVER
Motor Safe-Guard is a new form of motor insurance with standardized cover and premiums payable. It is designed for private cars. It offers more advantages that an ordinary Third Party:
- Motor Safe-Guard will pay for damage to your car in event of an accident. A Third Party Policy will not.
- Motor Safe-Guard will pay for damage to your car in case fire incident. A Third Party Policy will not.
- Motor Safe-Guard will pay you if your car is stolen; A Third Party Policywill not.
- Motor Safe-Guard will also pay for third party liabilities
Motor Safe-Guard has three (3) types of cover from which a client can choose – Maxi, Medi and Mini.
- Maxi Cover provides the following cover
Accidental Damage (whether by accident or fire) up to N200,000
Total Loss (whether by accident or fire) up to N300,000
Third Party Liabilities: up to N3,000,000
The Premium for MAXI Cover is only N25,000 per annum.
- Medi Cover provides the following cover
Accidental Damage (whether by accident or fire) up to N100,000
Total Loss (whether by accident or fire) up to N200,000
Third Party Liabilities: up to N3,000,000
The Premium for MEDI Cover is only N20,000 per annum.
- Mini Cover provides the following cover
Accidental Damage (whether by accident or fire) up to N50,000
Total Loss (whether by accident or fire) up to N100,000
Third Party Liabilities: up to N3,000,000
The Premium for MINI Cover is only N15,000 per annum.
THIRD PARTY COVER
This covers damage to third party property, injury and death with liabilities for property damage up to N3 million.