Motorcycle

Get the right coverage for the open road

The last thing you want to worry about is whether you have the right insurance policy as you take the open road.

This policy covers the motorcycle itself and also provides a personal accident for the rider as an enhancement.

Rating

The rating for both risks is as per undernoted:-

  • Comprehensive insurance for the tricycle including at a premium of Kshs. 15,000. Premium 4% of the value minimum Kshs. 15,000 and a Passenger Legal Liability (PLL) at Kshs. 250 per passenger.
  • Third-party insurance for the tricycle premium is Kshs 5,000 inclusive of passenger liability.
  • Limits of liability and excesses applicable will be as noted hereunder:-

  • Enrollment requirements

    The enrolment process is very easy. All you need are the following documents:

    • Logbook
    • Driving license
    • Insured ID
    • Pin certificate
    • Premium

  • Eligibility

    Any person over 18 years and with a valid driving license.

  • Benefits

    Our motor cover includes extended benefits such as:

    • Tracking devices
    • Occupational group personal accident for the driver and loader
    • No blame no excess
    • Carriers liability
    • Loss of use cover
    • Loss of personal effects
    • Replacement of damaged and or lost key
    • Forced ATM withdrawal limit
    • Accommodation after an accident
    • Daily hospitalization allowance
    • Courtesy car
    • Political violence and terrorism risks

  • Claim procedure

    • Fully filled claim form
    • Police abstract
    • Copy of rider driving license
    • Statement by driver and insured
    • Copy of log book

  • Motorcycle (PSV) comprehensive

    Motorcycle (PSV) comprehensive

    Premium 5% of the value minimum Kshs. 5,000 inclusive of levies.

    The insured will pay an optional amount of 2,000 for a personal accident of death and permanent total disability benefits of Kshs. 250,000 and medical expenses cover with respect to motorcycle accidents only for Kshs. 50,000.

    Limits of liability and excesses applicable will be as noted hereunder:-

    Limits of liability / excesses

    • Medical expenses – Kshs. 30,000
    • Repair authority – Kshs. 10,000
    • Towing charges – Kshs. 10,000
    • Passenger legal liability limit – Kshs. 2,000,000 per person & Kshs. 3,000,000 per event
    • Third-party property damage – Kshs. 2,000,000
    • Third-party personal injury – unlimited
    • Own damage – 2.5% of the claim amount, minimum Kshs. 7,500
    • Theft – 10% of the sum insured, minimum Kshs. 10,000
    • Theft & recovery – 2.5% of value, minimum Kshs. 7,500
    • Young/ novice driver – additional Kshs. 5,000

    Underwriting requirements

    • Fully filled proposal form
    • Copy of national identity card
    • Copy of PIN certificate
    • Copy of logbook or purchase receipt and invoice
    • Copy of driving license

    NB:- Customers must complete a proposal form and attach copies of the rider’s driving license & logbook.

    Therefore the customer can take an annual cover for Kshs. 7,072/= inclusive of taxes or Kshs. 3,536/= for half year inclusive of taxes.

  • Motorcycle (PSV) TPO

    Motorcycle (PSV) TPO

    Premium Kshs. 3000 inclusive of levies.

    Limits of liability and excesses applicable will be as noted hereunder:-

    Limits of liability / excesses

    • Third-party property damage – Kshs. 2,000,000
    • Third-party personal injury – unlimited
    • Therefore the customer can take an annual cover for Kshs. 3,054/= inclusive of taxes

  • Motorcycle private-third party only

    Motorcycle (private)

    Third-party only

    Premium Kshs. 2,000

    Limits of liability / excesses

    • Third-party property damage – Kshs. 2,000,000
    • Third-party personal injury – unlimited
    • Young/ novice driver – additional Kshs. 2,000
    • NB:- Customers must complete a proposal form and attach copies of the rider’s driving license & logbook
    • Therefore the customer can take an annual cover for Kshs. 2,049/=

Would you like an account today? Talk to us

© 2022 Co-operative Bank of South Sudan. All Rights Reserved. Authorized financial services and registered credit provider.

Co-operative Bank is Regulated by the Bank of South Sudan.

× How can I help you?