Motor Vehicle Insurance
Secure your vehicle from unforeseen damages and enjoy a worry-free drive with comprehensive coverage tailored for your needs.
Secure your vehicle from unforseen damages and enjoy a worry-free drive.
Key Benefits
Comprehensive protection designed for your peace of mind.
Third-Party Protection
Our motor vehicle insurance offers valuable third-party coverage. You're safeguarded against any liability arising from accidents that result in injury or death to any person and damage to third-party property.
Emergency Towing
We provide coverage for towing services to some extent after an accident, providing prompt and efficient assistance during challenging times when you need it most.
No-Claim Bonus
You earn a no-claim bonus that reduces renewal premiums every year if you do not file any claims, rewarding safe driving and saving you money over time.
Product Features
Comprehensive coverage options tailored to your needs.
Eligibility
- Eligible to any vehicles registered in Myanmar Road Transportation Authority (excluding motorcycles).
- 1. Private (seat, truck)
- 2. Commercial (seat, truck)
- 3. EV
- 4. Mobile plants
Policy Term
- 1. Minimum policy term up to 3, 6, and 9 months
- 2. Maximum policy term 1 year (renewable on a yearly basis)
Premium Rating
- The rate is set from 1.072% to 1.734% depending on following factors
- 1. Engine Power (Cubic Capacity)
- 2. Occupancy (Private, Commercial)
- 3. Sum Insured (Value of the vehicle)
- 4. Make & Model (Brand & Year)
Basic Coverage
- 1. Accidental collision or overturning;
- 2. Collision or overturning caused by mechanical breakdown;
- 3. Collision or overturning caused by wear and tear;
- 4. Fire, external explosion, self-ignition or lightning
- 5. Mischief/Malicious act;
- 6. Impact damage caused by falling objects provided no convulsions of nature is involved
- 7. While in transit i.e. being carried from one place to another (including during loading and unloading) of insured vehicle by:
- i. Road;
- ii. Rail;
- iii. Inland waterway i.e. across a river or canal etc.;
- iv. Lift or elevator
Additional Coverage
Customer can also buy additional covers by paying additional premium separately.
- 1. Third Party Liability
- 2. Personal Accident & Medical Treatment Fee Liability
- 3. SRCC (Strike, Riots and Civil Commotion Risk)
- 4. Windscreen
- 5. Acts of God (Flood, Windstorm, Earthquake and etc.)
- 6. War Risks
- 7. Theft
- 8. Betterment
- 9. Excess (Nil Excess, Standard Excess, Additional Excess)
Frequently Asked Questions
Common questions about our fire insurance coverage.
What does motor insurance cover?
Our motor insurance covers loss or damage to your vehicle from accidents, fire, lightning, falling objects, malicious mischief, and transportation. It also provides third-party liability coverage, death and injury benefits, and windscreen damage coverage.
How do I file a claim?
To file a claim, contact our 24/7 hotline immediately after an accident. Document the damage with photos, complete the Motor Accident Report Form, exchange information with other parties involved, and submit all supporting documents to our claims team for processing.
What's covered under third-party liability?
Third-party liability coverage protects you against any liability arising from accidents that result in injury or death to any person and damage to third-party property. This is a mandatory coverage requirement in Myanmar.
Can I add additional drivers to my policy?
Yes, you can add additional drivers to your policy. Each driver must meet our eligibility requirements and be declared on the policy. Additional drivers may affect your premium rate based on factors such as age and driving history.
What's the no-claim bonus?
The no-claim bonus is a discount on your renewal premium if you don't file any claims during your policy year. The longer you go without making a claim, the greater the discount can be, rewarding safe driving.