What is the Zurich Motor Takaful about?
Well of course it’s a takaful protection plan for motor vehicles, that applies to both private and commercial cars. The policy provides protection against liabilities to other parties for injury, death, and or damage of the other’s property in an accident.
It also provides you with coverage against accidental or fire damage to your vehicle or the theft of your vehicle.
How much does it cover exactly?
Essentially it covers;
- Third party bodily injuries and death
- Third party property loss or damage and
- Loss or damage to your own vehicle due to accidental fire, theft or accidents
However, the policy comes with an array of optional benefits that you can choose to pick up as well, namely;
- Windscreen damage
- Passenger liability
- Damage arising from flood and landslide
- Damage arising from strike riot and civil commotion
Should you choose to pick up any of these optional benefits, you will need only pay a small fee in addition to your monthly premiums.
What are some of the key T&C’s that I need to know?
There are a few that you might want to take note of. First of all, you will need to disclose all material facts and details pertaining to your car, upon the registration for this policy. For example, previous accidents, modifications made to the car or engine and etc.
You also need to ensure that your vehicle is insured at the appropriate amount according to the market value of the car. Lastly in the case, you need to draw on insurance due to an accident. There will be an excess penalty if the vehicle was driven by a person not named, having a P” and “L License, or under the age of 21. The amount is set at RM400.
Where can I find more information?
If you have any enquiries, please contact Zurich Insurance Malaysia Berhad at 11th Floor, Menara Zurich, No. 12, Jalan Dewan Bahasa, 50460 Kuala Lumpur, Malaysia.
E-mail : [email protected]