WHY MOTOR INSURANCE?
When considering the number of road accidents that occur on a daily basis, it is clear that insuring your vehicle is no longer just an option, it's a legal obligation and a necessity as well.Such road accidents lead to untold misery and considerable financial losses. Repair costs of damaged vehicles and payouts to third parties can add up to huge financial burden not only on the owners of the vehicles or drivers but also on the national wealth in Yemen.
You need to alleviate the financial risks involved and enjoy security and peace of mind whilst driving on the road.
This feeling of security is what you experience if you acquire Motor Insurance offered by TRUST YEMEN INSURANCE AND REINSURANCE CO.
Motor Comprehensive Insurance Policy
Loss or damage to your vehicle: Trust Yemen will reimburse in cash or pay to repair or replace any loss or damage to your vehicle from fortuitous accidents such as collision, overturning, theft, fire, external explosion and willful acts from third parties.
Liability to Third Parties: You are guaranteed up to (specific limit that will be agreed with Insured) in total liabilities per accident and during policy period if you or your authorized driver are involved in an accident to the insured vehicle and held legally liable for death, injury to third parties or damage to their properties.
Towing and Protection Expenses: We pay for the reasonable towing charges incurred of the disabled vehicle to repairers following an accident.
Emergency Medical Expenses: We pay for emergency medical expenses due to accident for the driver and passengers in the insured vehicle up to YR. 500,000 per person.
Motor Third Party Liability Fire and Theft Policy
This policy covers the loss or damage to the insured's motor due to fire or theft including third party liability.
Motor Third Party Liability Policy
This policy indemnifies the insured against all sums which the insured shall become legally liable to pay as compensation for:
Death or bodily injury to any person including all passengers in the vehicle (except the insured and the driver).
Damages for materials and property (except those owned by the insured or the driver at the time of the accident).
ADDITIONAL COVERS (AT ADDITIONAL PREMIUMS):
- Personal accidents for the driver and passengers: Personal Accidents Cover for driver and/or passengers for benefits up to SR 100,000 per person for body injuries as a result of a motor accident whilst traveling in the insured vehicle.
- Natural Hazards cover such as flood, storm, hail, earthquakes, and volcanoes, excluding sand storms.
- Extended Agency repairs cover up to a maximum vehicle age of 5 years.
BENEFITS
- No administrative fee.
- Lower price if the client age is more than 21 years old.
TYPES OF THE VEHICLES TO BE INSURED
- Private Vehicles such as Sedan, Jeep, Pickups, vans, Sports & Luxury.
- Commercial Vehicles such as Pick-ups, Vans for Cargo, Half Lorries, Heavy Trucks, Tankers, Equipment Mounted Trucks, Buses, Limousine, Rental Cars, or any other licensed vehicles.
WHAT WILL IT COST?
Premium varies depending on the make, value, number and use of the vehicle to be insured as well as the driver's age.HOW TO APPLY FOR THIS POLICY?
All you have to do is to fill in our simple Proposal Form and we will quote for you the premium rate which would be based on the covers required.The above is a brief description of the policy. Our policy wording is available on request giving full details of the cover, exclusions and conditions.