AIG Insurance-Commercial vehicle insurance
Motor
About this product
This is an enhanced policy that covers commercial vehicles or those used for business purposes with the exception of vehicles carrying fare paying passengers. It is meant for individual and corporate vehicle owners.Scope of the Cover
For the different categories of vehicles the following three types of insurance can be purchased:- Third Party Only (TP)- This is the basic and minimum cover available. It provides for liability to third parties only in respect of bodily injury and damage to third party property. It is the mandatory cover that a motorist should have.
- Third Party Fire and Theft (TPF&T) - This cover protects you against all third party risks mentioned above in addition to loss and/or damage to your vehicle due to theft and fire
- Comprehensive - This is a superior cover to all the others it protects you against the third party’s death, bodily injury and/or property damage as well as loss/ damage to your vehicle due to accidental fire, theft or an accident.
Benefits of the Cover
- Emergency medical expenses
- Passenger legal liability
- Towing and recovery
- Loss of use
- Authorized repair
- windscreen
Limits of Liabilities
| Limits | |
| Third party bodily injury | Up to the legal limit |
| Towing and recovery | Free up to KES 30,000 |
| Third party property damage | KES 10,000,000 |
| Emergency medical expenses | Free up to KES 30,000 2,5% excess charge for extra limit |
| Windscreen | Free up to KES 30,000 |
| Authorized repair | Free up to KES 30,000 |
| Loss of use | Time excess of 3 days |
Comments