In addition to third party fire & theft cover described above, this policy provides a range of additional benefits, the most important of which is accidental damage to the specifically insured vehicle. Other benefits include:

  • Medical Expenses (Emergency Treatment) up to N 20,000.00
  • Free Personal Accident cover for Insured, Spouse and four children.
  • Towing disabled vehicle following an accident up to N 20,000.00
  • Strike, Riot and Civil Commotion (To be granted free of charge)
  • Free installation of Tracking Device for vehicles value N 5,000,000.00 and above

Types Of Insurable Vehicles

Private Cars

These are vehicles used for social, domestic and pleasure purposes

Commercial Vehicles (Taxis, Buses and Hire Cars)

These are vehicles used for carrying fare paying passengers

Requirements For Private Car Insurance

A proposal form must be completed and personally signed, if need be. Note that the minimum value for any vehicle to be covered on comprehensive basis should be from N 500,000.00. Others include:

  • An engineer’s report might be required for second hand vehicle
  • Copy of current vehicle license (To be uploaded)
  • Means of identification

Optional Benefits (Private Motor)

  • Loss of use
  • Personal Accident Policy for insured’s driver
  • Excess Buy Back