Pay Half All Risks Coverage for Private Cars by Securite sal

Pay 50% of the policy only, other half on claim date. Private cars comprehensive insurance. The other share of the premium is only payable in case of a claim

Product Conditions: 

• In case of claim, an additional premium equal to the initial paid policy premium should be paid once by the client before settling the claim
• These rates are applicable for private vehicles. Refer to Securite Assurance for vehicles above limit and special & luxury vehicles listed below
• Premiums payable in Fresh USD

Benefits (Fresh USD) Motor 50/50

• Dealer repair Not covered
• Bodily injury Not included
• Third party material liability $1,000,000
• Fire, Total theft and holdup covered with no deductible based on depreciated market real vehicles value
• Partial theft of internal (forcible entry) & external parts covered up to $5,000 with no deductible in the aggregate
• Own damages are covered
• Scratching & denting and overhaul are not covered
• Personal Accidents:
  • Death for drivers and passengers including family $25,000 per person and $50,000 in the aggregate
• Personal Accidents:
  • medical expense for drivers and passengers including family $7,500 per person and $30,000 in the aggregate
• Depreciation on spare parts for all vehicles is 10% during the year following manufacturing year, and 5% per year for the following years with
  max 50%
• Airbag Unlimited
• Taxi in case of road assistance following accident is covered once per year
• Delivery of vehicle from garage to client house is covered in case of accidents and for garages within our network
• Road assistance
  • Unlimited Km per ride, 2 rides per year due to mechanical and electrical failure and Unlimited rides per year due to accident (cover granted after 5 days from policy issuance due to mechanical and electrical failure, subject to new policies only)
• Replacement vehicle 10 days in the aggregate, starting the 3rd day of reparation (up to $35 per eligible day)
• Replacement vehicle in case of total loss Up to $250
• Total loss Depreciated market real vehicle value will be paid, subject to 10% deductible
• Registration fees in case of total loss An amount of 10% of the depreciated market real vehicle value will be paid
• Litigation expense Up to $5,000 per year
• Strike riots and civil commotion (SRCC)
  • For vehicle value $0-$30,000: Covered up to a maximum limit of $5,000 in the aggregate
  • For vehicle value $30,001-$50,000: Covered up to a maximum limit of $10,000 in the aggregate
  • For vehicle value $50,001-$100,000: Covered up to a maximum limit of $60,000 in the aggregate
• Hail, storm, tempest, flood & earthquake Covered up to the depreciated market real vehicle value
• Cover while in custody of valet, car wash, & workshop

If driver age is 21 or younger or if driving license is valid for less than 1 year A deductible of $100 will be applied on each and every loss