Fin Insurance Private Motor is a classic comprehensive motor insurance policies with different offerings limits on the personal accident, medical expenses and loss of personal effect covers.
Covers provided under these policies include:
1. Accidental damage to insured vehicle
2. Loss or damage to insured vehicle resulting from Fire or theft
3. Damage resulting from malicious act, Strike, Riot and civil commotion
4. Damage to third party vehicle up to a limit of N1,000,000
5. Damage to third party property up to a limit of N1,000,000
6. Unlimited(but reasonable) liability for death / bodily injury to third parties
7.Depreciation rate is graduated as shown below:
Up to 3 months - 2.5%
Above 3 months but not exceeding 6 months - 5.0%
Above 6 months but not exceeding 9 months - 7.5%
9 months and above - 10%
To buy product, you will need:
You can find these on your vehicle license document which you are required to upload on your account along photograph of the insured vehicle after purchase.