What is the Allianz Third Party Motor Insurance about?
It’s essential for you to insure your vehicle so that you do not have to face unforeseen circumstances that are not only financially burdening but also a huge risk for all vehicle drivers. Allianz Third Party Motor Insurance provides you adequate insurance coverage against third party liabilities caused by accidents - compensation for other motorist and road users for any injury, death, and damage to their property.
Is this policy renewable?
The duration of cover is for one year. You have to contact Allianz Malaysia directly for a policy renewal.
What are some of the terms and conditions of this policy?
It is important that you disclose all important information such as previous accidents and modifications to your car's engines. If your vehicle is still under a Hire Purchase or car loan, you need to buy a Comprehensive Cover because the Allianz Third Party Motor Insurance does not cover loss or damage to your vehicle.
Lastly, to get the protection that you deserve, the premium due must be paid and received by Allianz before you can be covered under this policy.
What are the major exclusions under this policy?
Keep these exclusions in mind when deciding on making a claim to Allianz:
- Accidental, fire damage or theft of your vehicle
- Your own death or bodily injury due to a motor accident
- Your liability agaonst claims from passengers in your vehicle