Motor Insurance

Motor Insurance Policy

Comprehensive Motor Insurance Cover

This insurance offers compensation for the following:

  • Loss or damage to the Vehicle due to road accidents/natural calamities/fire/theft etc.
  • Liabilities for a third party due to a motor accident
  • Personal Accident cover for the passengers

Act Liability

In case of an accident of your vehicle resulting in injury/ death of another person or damage to their property, your expenses towards the legal liability are covered as under:

Fetal Injury: Maximum BDT. 10,000 (Ten Thousand) or at actual
Minor Injury: Maximum BDT. 5,000 (Five Thousand) or at actual
Property Damage: Maximum BDT. 50,000 (Fifty Thousand) or at actual

Note

  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

Trade Policy Insurance

Engineering Insurance

Machinery Insurance

Brief Description

Machinery Breakdown Insurance offers you financial protection in case your machine suffers accidental, electrical and machinery breakdown requiring repairs and/or replacement. Machinery Breakdown Insurance covers all types of Industrial equipment like Turbines, Compressors, Generators, Transformers, Rectifiers, Electric Motors, Diesel Engines, Pumps, Wind Mills, etc.

Covered Risks

All kinds of Accidental, Electrical and Mechanical Breakdown due to internal causes, external causes, operational deficiencies and human errors. Internal damage due to faulty material, defects in casting, faulty construction, overheating of parts, short circuit, faulty erection, disruption in case of rotating bodies due to centrifugal forces, failure of operations of safety devices etc. External causes include collision or impact from lifting machines or cranes, accidental falls during shifting Major.

Exclusions

Damage due to any cause for which the manufacturer and/or supplier is responsible. Overloading operations, experiments. Gradually developing flaws, defects, cracks etc. willful act or gross negligence of Insured or his responsible representative.

Any type of consequential loss.

Note.

  • Particulars of cover liability and exclusion given above are not complete or exhaustive.
  • Our nearest Branch Office may be approached for complete details.

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