ALL RISK INSURANCE
All risk motor insurance is a complete cover for your vehicle. Actually when you only choose the liability cover, you don’t insure your own vehicle damages but the ones caused to a third party. To have a guarantee for your vehicle, you need to have one of our All Risk Motor products.
1-DRIVE:
Now that the bodily injury is mandatory by law, you can complete your liability cover by insuring material damages to a third party. Drive is the motor insurance we propose to you to cover the material damages you may cause to a third party, in case of an accident.
- Limit of cover depending on your needs you can choose either 250,000$ or 1,000,000$ for material damage cover.
- In hospital medical expenses to the driver and non-third party passengers 1,000$
- Death & Disablement absolute or relative per person 5,000$
- Road assistance that will provide towing and expert in case of accident
2-DRIVE +
1) Third Party Liability: Material Damage: $1,000,000 USD
2) All Risk Including Passenger & Driver
- Medical expenses per person: $1,000
- Death and Total Permanent Disability per person: $5000
- Fire and explosion of the car: SI with 0% excess
- Hold up and theft: SI with 10% excess
- Total loss of the car following a covered accident: SI
- SOS Road assistance free of charge
3-DRIVER
1) Third Party Liability: Material Damage: $1,000,000 USD
2) All Risk Including Passenger & Driver
- Medical expenses per person: $1,000
- Death and Total Permanent Disability per person: $5000
- Fire and explosion of the car: SI with 0 % excess
- Hold up and theft: SI with 10% excess
- Total loss of the car: SI
- Own Damage of the insured car: SI with 0 % franchise
- Rent a car: In case of total loss with a max 10 days
- SOS Road assistance free of charge
- Depreciation is applied on new spare parts (0% on year of manufacture, 10% 2nd year and 5% per year for later years with a max of 50%) (The car is considered a Total Loss if the cost of repairs exceeds 70% of its market value. In case of total loss, the indemnity will be the market value of the car at the date of loss but not exceeding the sum insured)
4-DRIVER + COVERAGE
1) Third Party Liability: Material Damage: $1,000,000
Bodily Injury over Compulsory limit: $10,000,000
2) All Risk Including Passenger & Driver
- Medical expenses per person: $3,000
- Death and Total Permanent Disability per person: $5000
- Indemnity for driver: $2500 per claim and per policy period (In the event of driver being hospitalized following a covered accident, the company shall indemnify the driver with an amount of $50 per working day, with a maximum of $2500 per claim and for the policy period, provided that the driver performs a professional activity and that the hospital confinement exceeds of 3 consecutive days.)
- Fire and explosion of the car: SI with 0% excess
- Hold up and theft: SI with 0% excess
- Any spare parts considered as integral part of the car is covered up to $2,500 per claim and per policy period.
- Total loss of the car: SI
- Own Damage of the insured car: SI with 0 % franchise
- Rent a car: In case of repair and in case of total loss with 3 days excess max 10 days
- SOS Road assistance free of charge
- Registration fees following total loss: 7.5% of car value
- Litigation expenses: $5,000
- Damage resulting directly from hail, storm, tempest and flood: covered up to 10% of the car value (with a maximum of $10,000) per claim and for policy period.
- No depreciation is applied on new spare parts (Depreciation is applied only when the car is older than 6 years)
- Also include dealers/agency repair for cars not old than 3 years (The car is considered Total Loss if the cost of repairs exceeds 70% of its market value. In case of total loss, the indemnity will be the market value of the car at the date of loss but not exceeding the sum insured)
5-OTHERS:
- Motor Third Party Liability + Obligatory
- Orange Card
What to do to file a claim?
- Call expert immediately at the site of the claim.
- Notify your broker at AFIL.
- To open a claim file we need client declaration, the expert report and a copy of valid driving license.