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Vehicle

INTRODUCING MOTORGUARD COMMERCIAL

We understand how critical it is to have your commercial vehicles well covered as they go about making your business ambitions a reality. Here’s what we offer:

Lease Payments

If your vehicle repair period exceeds 30 days, we will pay 02 months lease rentals up to Rs.100,000/-.

Cash Grant of Rs. 250,000/-

In the unfortunate event an accident causes a Policyholder’s demise, a Cash Grant of Rs. 250,000/- will be paid for the children’s education if the spouse is unemployed. 

Learner driver Cover

A free Learner driver Cover will be allowed for immediate family members of the Insured.

Free towing charges up to Rs. 10,000/-

Free Personal Accident Benefit Cover for Insured up to Rs. 500,000/-

Taxi Allowances    

We understand the expenses that seem to pile up when your vehicle is out of commission following an accident. Which is why you will receive a Taxi Allowance of Rs.1,500/- per day up to a maximum of 10 days excluding the 1st 4 days. .

Emergency Expense Cover    

A cash grant of Rs. 2,500/- will be paid if the vehicle is unmovable following an accident (subject to 02 events per year).

Free Life Cover for Insured

We compensate your loved ones with Rs. 250,000 in the event of natural cause of death or Rs. 500,000 in the event of death due to an accident.

Refer to the policy document for benefits, exclusions, terms & conditions* 

HNB