AUTOMOBILE INSURANCE
Provides cover for loss or damage resulting from ownership and use of all forms of automobile vehicles licensed to operate on Nigerian road as well as the associated third party bodily injury and property damage liabilities. The types of Cover available are:
Third Party Insurance Cover
Insures against potential liabilities for bodily injuries and damage to other third party road users and passersby resulting from the ownership and use of licensed motor vehicles on Nigerian roads.
Third Party, Fire & Theft Insurance Cover
Insures similar risk as highlighted under Comprehensive Cover above except for the accidental damage to policy owner’s Insured vehicle.
Comprehensive Insurance cover
Insures against the risk of Fire, theft and burglary, accidental damage to policy owner’s insured vehicle and its accessories as well as third party bodily injury, medical expenses and damage to properties belonging to other road users and members of the public.
Motor Trade Insurance
This insurance is designed for those engaged in motor trade Dealers, Maintenance & Repair garages; and Testing Yards. Premises and road risks are covered by this insurance.