Premium: Auto Plus – Classic plus Excess Buy Back
Plan 1 – Vehicle with sum assured greater than 8 million Naira (3% of vehicle value)
Plan 2 – Vehicle with sum assured between 4 million Naira – 8 million Naira (3.5% of vehicle value)
Plan 3 – Vehicle with sum assured less than 4 million Naira (4% of vehicle value)
Features
Third party property damage: 1 Million
Third party bodily injury and death: 60 Million
Theft of the insured vehicle
Fire damage to the insured vehicle
Accidental damage
Free tracking installation for vehicles of at least N3 million in value.
25% concession for cost of tracker for vehicles valued between N2 million and N3 million
Medical expenses: N25,000.00
Permanent Disability Benefit
Strike, Riot & Civil Commotion (SRCC): Free
Towing Benefit: N20,000.00
Replacement vehicle (10 days): N3 million & above in value
Excess buyback: 1% of vehicle value added
Flood, Storm & Tempest: 0.25%
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