Tuesday 27 January 2015

Adamjee comprehensive motor insurance



Motor Insurance policy is mandatory under the Motor Vehicle Act. Owing Adamjee Insurance Company Limited Motor Insurance ensures that the owner of vehicle is protected from financial losses, caused by damage or theft to the vehicle and third party liability.





Coverage
Adamjee comprehensive motor insurance policy gives you the maximum coverage against theft, accidental damage and third party liability with greater benefits, innovative features and hassle free post and pre insurance processing. The major scope of the cover includes:



Loss or Damage Due To:
Accidental means, Fire external explosion, Self - ignition
Lightning, Flood
Theft & Burglary
Malicious Act
Whilst in transit (Road & Rail)
Terrorism, Riots & Strikes (Optional)

Third Party Liability
Property Damage
Bodily Injury
Death

Some Exclusion
Losses incurred outside geographical area of Pakistan
Consequential loss depreciation wear and tear
Mechanical or electrical breakdown failures or breakage
Damage to Tyres and Battery unless the Motor Car is damaged at the same time where the liability of the company is limited to 50% of the cost of the replacement

Premium Payment Method
Premium payment can be made through cash, cheque, pay order, demand draft, telex transfer to the concerned Adamjee Insurance branch.

Company appoints surveyor who inspects the vehicle and submits the loss report.
After completion of required formalities and documents claim is processed by the company immediately.
On approval of the claim the payment cheque is released.

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