Policy Summary
This policy provides compensation to the insured person or entity (individuals and businesses) against financial loss arising from accidental loss or damage to their motor vehicles including accessories thereon, whilst hired out with a driver/ chauffer. Also provides protection against legal liability for injury caused by the insured motor vehicle(s) to third party persons and/or for loss or damage to third party property.
Client profile
This policy is suitable for:
- Individual owners who hire out their vehicles with drivers
- Car hire/ tour/ Transport companies involved in hiring out vehicles accompanied with a driver.
Main Features
It provides cover against:
- Loss or damage to the insured motor vehicle arising from accidental collision, overturning, fire, external explosion, self-ignition, lightning, burglary or theft and malicious damage.
- Death and/or bodily injury to any third party persons such as pedestrians and passengers in other vehicles. Third party persons exclude any member of the insured’s immediate family or insured’s employees.
- Damage to Third Party property arising out of the use of insured motor vehicle
