Motor Insurance

This provides cover against death, accidental bodily injury and damage to someone else’s property (also known as third party) caused by or in connection with your car. It also provides cover for loss of or damage to your motor car resulting from accidental collision or overturning, fire or theft. This policy is made compulsory for all vehicle owners by the Federal Government of Nigeria.

Basic Cover under Motor Insurance

Comprehensive

This policy provides cover against loss or damage to the insured vehicle as a result of fire, theft, vandalism, accidental damage or collusion. The policy also covers any liability for death, bodily injury or damage to the property of the third party arising out of the use of the insured vehicle including legal liability.

Third Party Fire and Theft

This policy provides cover against death, accidental bodily injury and damage to the property of the third party including fire damage and theft to the insured vehicle.

Third Party Only

This policy provides cover against death, accidental bodily injury and damage to the property of third party vehicle(s) but does not cover any liability incurred against damage to the insured vehicle.

  • Private Vehicle
  • Commercial Vehicle
  • Third Party Only: covers damage to the property and /bodily injury to third party.
  • Comprehensive: covers third party liability (as above) and damage to the insured’s vehicle.

This policy provides an all risks cover for goods imported whilst in transit from the port of shipment to the port of discharge and thereafter to the final warehouse subject to policy exceptions.

The policy offers wide coverage for the passengers, the aircrafts and all the operational activities concerning the aviation industry whether by private individuals or corporate bodies.