Privately owned Car Policy

Private Car
This category caters for insurance polices for all private owned cars. Private cars include four-wheel drive and station wagons, used for social domestic and pleasure purposes and for the business or professional purposes of the Insured but excluding use for hire or for racing, pacemaking, reliability trial, speed testing or use for any purpose in connection with the motor trade.

• Age and  Driving Experience
  
• The Company reserves the right to impose special terms when :
  
• The insured or named driver is less than 21 years old and above 65 years old
  
• The insured or named driver has had less than 2 years regular driving experience and 1 year NCD entitlement.
  

Premium

Premium will be calculated in accordance with the Malaysian Motor Tariff schedule of Premium and in conjunction with the Premium Loading and Excess Tables.

The minimum net premium, i.e after NCD and any additional benefit is RM50.00

Passenger Liability Cover

Passenger Liability Cover will be excluded unless such cover is specifically requested. Additional premium charged is 25% of Third Party premium.

It is an offence under the Law of Republic of Singapore to enter the country without extending motor insurance to cover Passenger Liability.

Windscreen glass cover
Comprehensive policies may be extended to cover breakage of glass in the windscreen at an additional premium rate of 15% on sum insured of windscreen glass subject to a minimum of premium of RM30.00

Radio/Cassette/CD Player/Sports Rims

N.B Following a claim under windscreen or radio/cassette/CD player extension, the item can be reinstated by payment of the full extension premium (no pro rata). Where there has been more than one claim, the Company reserves the right to refuse to reinstate or renew the extension.

Policy issued to individuals

Policy Issued to Company/Organization

Additional premium of RM50.00 per vehicle is to be charged in addition to the 2 named persons.

Scope of Cover

Comprehensive Policy

Section A - Loss or Damage to Vehicle

- By accidental collision or overturning

- By collision or overturning caused by mechanical breakdown

- By collision or overturning caused by wear and tear

- By impact damage caused by falling objects provided no flood, typhoon, hurricane, storm, tempest, volcanic eruption, earthquake, landslide, landslip or other convulsion of nature is involved

- By fire explosion or lightning

- By burglary, housebreaking or theft

- By malicious act
- When in transit (including its loading and unloading) by;

1. Road rail inland waterway

2. Direct sea route across the straits between the island of Penang and the mainland

- Transportation of Damage Vehicle - RM200 Towing Charges

Exclusions:

- Consequential Loss of any nature

- Loss of use

- Depreciation, wear and tear, rust and corrosion, mechanical or electrical breakdown

- Damage to vehicle's tyres

- Loss or damage caused by or attributed to the act of cheating/criminal breach of trust

- The excess stated in the Schedule

Section II - Liability to Third parties
 
Indemnity the insured against :

- Death or bodily injury to third parties
- Damage to properties of third parties

Cover for legal Representatives

Legal Costs