Custodian Third-Party Motor Insurance provides cover for the Insured’s liability in the event of accident leading to third-party property damage and/or death or bodily injury to a third party.
The cover is deemed compulsory by virtue of section (53) of the Motor Vehicles (Third Party Insurance) Act 1945.
PRODUCT FEATURES
- Covers Third-Party property damage for privately used and commercial vehicles to
the tune of N3,000,000.00 and N5,000,000.00 respectively.
- Injury or death to third-party: Access to medical care for any injured third party, and financial compensation to the family of the deceased third party in the event of death as a result of accident caused by the Insured whilst driving the insured vehicle.
- ECOWAS brown card (provides insurance cover for the use of the vehicle within West African countries).
REQUIREMENTS TO PURCHASE COVER
- Duly completed Proposal form
- Know Your Customer (KYC) form
STEPS TO MAKE A CLAIM/ CLAIM PROCESSING
- Immediate notification via phone call, app, letter or email
- Duly completed Motor Accident claim form
- Photographs of the accidented vehicle
- Estimate of repair
- Driver’s license
- Police Report (where applicable)
- Any other documents that may be needed
Terms and conditions apply.
