MOTOR INSURANCE COVER 

Motor insurance is one of the most common and essential classes of insurance. It is designed to protect the insured against loss or damage to their vehicle, as well as liability for damage to third-party property, bodily injury and death arising from traffic accidents.

NIC offers the following Motor Insurance cover options:

(a)      Motor Third Party (Statutory)
This is a mandatory policy that covers bodily injury including death to Third Parties caused by accidents.

Benefits of cover;

The person who benefits from Motor Third Party is a third party who suffers loss, death or bodily injury as a result of an accident. This maybe any road user, such as a pedestrian or a motor vehicle passenger.

(b)  Motor Enhanced Third Party

This motor insurance improves the standard mandatory coverage by offering significantly higher compensation limits for bodily injury, death and adding protection for third party property damage. The limits of cover are agreed upon with the client at policy issuance.

 Benefits of this cover:

1. Higher Liability Limits.
2. Property Damage Cover

(c)  Comprehensive Cover:
This is the widest cover available in motor insurance as it covers loss or damage to the insured vehicle in addition to the covers available under the two described above.

Scope of cover:

Policy covers loss or damage caused by:-

• Own Vehicle Damage
• Third Party Liability
• Passenger Liability
• Natural Perils

Some of the principle extensions

1. Locks and key extension
2. Towing’s / wreckage removal
3. Authority to repair
4. Radio and accessories
5. Replacement basis
6. Prompt wind screen Replacement

COMESA

Scope of Cover:
This covers Third party personal injury and property damage outside Uganda