What is this product about?

This policy indemnifies you against accidental damage or fire damage or theft of your vehicle or your legal liabilities to third parties for injury or death, and property damage.

What are the covers / benefits provided?

This policy covers:

• Loss or damage to own vehicle due to accidental damage/fire
• Theft of your vehicle
• Liabilities to third party for property damage, bodily injury or death
• Cost of defence
• No Claim Discount (NCD) on next premium renewal
• Breakage of windscreen glass (For comprehensive cover only)
• Towing costs caused by collision (For comprehensive cover only)

Extensions you may wish to purchase optional benefits by paying additional premium:

• Accident to authorized driver
• Passenger liability
• Flood (For comprehensive cover only)
• Strike, Riot and Civil Commotion (For comprehensive cover only)

What is the insured property?

The interest insured under this Policy is the vehicle as described in the Policy Schedule and geographical area within the Kingdom of Cambodia.

Period of Insurance

Duration of cover is for one year. You need to renew your insurance Policy annually.

How much premium do I have to pay?

The premium you have to pay may vary depending on the sum insured, usage of the vehicle, age of your vehicle, tonnage, past loss history, extension required and our underwriting requirements.

What is the payment mode and how do I pay the premium?

This is an annual policy and you may pay your premium in full either by cash or cheque or bank transfer.

What are some of the key terms and conditions that I should be aware of?

• Duty of Disclosure
  - You must give all the facts which you know or ought to know.
  - You must ensure that the proposal form is completed accurately as it forms the basis of the insurance contract.
• Sum Insured
  You must ensure that your vehicle is insured at its current market value of vehicle.
• Under-insurance
  If Your Vehicle at the time of happening of any loss or damage is insured for a sum lesser than its market value, then You shall be considered as being Your own insurer for the difference and shall bear the rateable proportion of the loss accordingly.
• Contribution Condition
  If at the time of any loss destruction or damage happening to any subject matter insured there be any other subsisting insurances whether by You or by any other person or persons covering the same subject matter, We shall not be liable to pay or contribute more than their rateable proportion of such loss destruction or damage.
• Claim Notification
  - In the event of a claim, you must notify us as soon as reasonably possible, but no later than 7 days from the date of the accident.
  - You must submit the claim documents to us within 30 days from the date the damaged vehicle has been repaired or such further time as we may in writing allow.
• Deductible/Excess
  This is the amount you have bear before we indemnify you of a loss.
• Premium Warranty
  Premium must be paid in full and received by us within 30 days from the inception date of the cover, otherwise the cover is automatically cancelled and you will still be responsible to pay the proportion of premium for the period we have been on risk.

What are the major exclusions under this policy?

This insurance does not cover:

1. Consequential loss, depreciation or wear and tear of the Vehicle
2. Breakage of the mechanical part of the Vehicle or breakdown or failure of the mechanical or electrical part of the Vehicle not arising from an accident.
3. Direct damage to the Vehicle arising from carriage of load or number of passengers in excess of that authorized and not arising from an accident.
4. Damage to your Vehicle's tyres arising from wear and tear or spontaneous explosion unless such damage arising from accidental collision or overturning.
5. Damage to or loss of the trailer, arising from the towing as a result of mechanical breakdown, which is towed by the insured Vehicle.
6. Driving by any person who is under the influence of intoxicating liquor or drug to the extent of being unable to control the Motor vehicle.
7. Use of Vehicle outside the territory covered
8. Use of Vehicle for illegal purposes
9. War, Civil War and any act of terrorism

Note: This list is not exhaustive. Please refer to the policy contract for the full list of terms and conditions under this policy.

What are the pre-acceptance conditions for this product?

• No claims for the past 3 years.
• Insured has never been declined, cancelled or refused coverage previously.

Can I cancel my policy?

You may cancel the policy by giving Us ten (10) working days’ notice in writing. Upon cancellation, you are entitled to a refund of the premium based on the unexpired period of insurance less 10% administration charge provided no claims have been made during the current policy period.

No refund of premium for any cancellation of policy if premium is charged on minimum premium.