Motor Insurance

Motor Insurance Policy

Our Motor Insurance Policy provides coverage for your legal liabilities towards third parties, as well as protection against damage to your vehicle caused by fire, theft, and other accidental risks. This policy is in accordance with the Motor Vehicles (Third party) Insurance Act (1958). There are three main categories of coverage available to insured individuals:Third party damage, Third party Fire and Theft, and Comprehensive cover.

  • Third Party Coverage

    Third Party Coverage Only This policy offers indemnity for you and any authorized driver in case of legal liability towards third parties for bodily injury, death, or damage to their property. The minimum limit for third-party property damage is currently GH¢7000, but it can be increased upon request. Bodily injury claims will be calculated as per the National Insurance Commission's Limits on Motor Injury and Death Claims (CAP 2021).
  • Third Party, Fire and Theft

    Third Party, Fire and Theft In addition to the standard coverage provided by Third Party Motor Insurance, this policy extends protection to include theft and fire incidents involving your vehicle.
  • Comprehensive Coverage

    Comprehensive Coverage The comprehensive motor policy offers extensive coverage, including liability protection towards third parties, damage to your own vehicle, accidental collision or overturning, fire, external explosion, self-ignition or lightning, theft, burglary, house-breaking, malicious acts, flood, storm, earthquake, riot, strike, civil commotion, and property damage. It also covers injury and death to third parties for which you may be legally liable.