Motor Bancassurance
Your car is an essential part of your day to day life. Bancassurance Motor bancassurance is an inexpensive vehicle bancassurance that covers you and your car in the event of accident, theft or fire.
Features
- Cover can vary from policy to policy depending on customer requirement
- Provides repair or replacement of vehicle after collision, fire or theft
- Free cover for riot, strike and civil commotion
- Excludes accident, loss/damage that occurs outside Nigeria
Benefits
- Third party damage up to NGN 2 million
- Personal accident benefit for death/permanent disability up to N100,000
- Free replacement vehicle for up to 10 working days (for insured cars worth NGN 3 m and above in event of accident)
- Medical expenses for occupants of car up to NGN 25,000
- Loss of personal effects in the car up to NGN 20,000
- Three (3) years no claim discount of 5% on premium