Hotline: 09613 070 071 & IDRA Hotline No. 16130 বাংলা সংস্করণ
Hotline: 09613 070 071 & IDRA Hotline No. 16130 বাংলা সংস্করণ
Cover Act. Liabilities viz, death/bodily injury and damage to properties as per Motor Vehicle Amendment Act, 1991.
Covers loss or damage to the motor vehicle and or its accessories whilst thereon by fire, explosion, self ignition, lighting, burglary, housebreaking, theft, riot & strike, malicious damage, terrorism, earthquake, flood, typhoon, hurricane, ...
Cover liability in excess of no fault liability limits viz. BDT. 20,000 (max) for death or bodily injury and BDT. 50,000 (max) for property damage under Standard Comprehensive and Act Only Liability insurances.
a) Act Liability policy/public Liability :-This
policy provides indemnity to the insured against legal liability for
claims by the third party in respect of accidental personal injury
&/or damage to any property of third party property covered by the
insured vehicles in public place as is necessary to meet the
requirements of section 95 of the Motor Vehicles Act 1939. Increased
limit of liability is also provided in respect of public liability
policy.
b) Comprehensive Insurance Policy:- This
policy provides cover against loss or damage to the insured vehicle by
accidental external means or malicious act, Fire, External Explosion,
Lightning Self ignition, Burglary, Housebreaking and Theft. Also whilst
in transit by Road, Rail inland waterway, lift, elevator or air. Subject
to the limitations mentioned in the policy and liability to public
risks including Act liability. Rates
& terms of motor policy are governed by motor tariff and it is
binding on the insurers to follow such rates & terms. For rating
purpose, the vehicles have been classified into three classes according
to their use viz. Private Car. Motor Cycle and Commercial Vehicles.
Premium is calculated on cubic capacity and seating capacity in respect
of Private Car, Motor Cycle, while premium in respect of commercial
vehicles is calculated on tonnage capacity of the vehicles.
Takaful Islami Insurance Limited
Head Office: Monir Tower (7th, 8th & 9th Floor),
167/1, D.I.T. Extension Road,Motijheel (Fakirapool), Dhaka.