Motor Vehicle Insurance

1. 1. Product Description

PVI Motor Vehicle Insurance is a non-life insurance product of PVI Insurance Corporation, providing comprehensive protection for vehicles, drivers, and passengers against risks of accidents, damage, or loss during transit.

This insurance package is suitable for individuals, businesses, transportation units, and vehicle owners.

2. Insurance Benefits

a) Vehicle Physical Damage Insurance

• Compensation for vehicle damage, fire, collision, rollover, and theft.

• Covers the entire cost of repair or replacement at PVI affiliated garages.

b) Compulsory Civil Liability Insurance

• Covers personal injury and property damage to third parties when you cause an accident.

• This is a mandatory package as per government regulations.

c) Passenger Accident Insurance

• Supports medical expenses, treatment, and compensation for death or injury to drivers and passengers.

d) Voluntary Civil Liability Insurance

• Expands benefits to increase payment limits in case of accidents.

• Includes damage to property and people and legal fees.

e) Additional Benefits (optional purchase)

• 24/7 roadside assistance.

• Compensation for part theft.

• Replacement with genuine parts.

• Replacement vehicle while your vehicle is under repair.

3. Applicable Objects

• Individuals: Cars, motorcycles for commuting.

• Businesses: Transport vehicles, taxis, tourist vehicles, company vehicles.

• Logistics units: Container trucks, cargo trucks.