The Right Way to Get Motor Vehicle Insurance

By Juma / July 6, 2016 | 10:36 am



Co-op online banking

Cooperative Bank understands that a personal car is not only a high value possession but also an asset which gives you the comfort and freedom to move around conveniently.

Accidents or theft will not only upset your routine but may also upset you financial condition. The lender, having this in mind has an insurance policy that fits the need of all private car owners:

  • Motor private comprehensive

Provides cover for loss of or accidental damage to the motor vehicle, its accessories and spare parts as well as third party property bodily injury and property damage

  • Motor private TPO

Provides cover for any third party property damage and third party body injury

For commercial vehicles, you don’t have to let your commercial vehicles give you sleepless nights. Cooperative Bank provides you with customized quality insurance policies that give you peace of mind as you make your business decisions including:

  • Motor commercial – own goods

This covers the insured against loss or damage to vehicle used to carry goods belonging to insured.

  • Motor commercial – general cartage

This covers the insured against loss or damage to vehicle used to carry goods belonging to third party

  • Motor trade- selling of vehicles
  • Road risks

This covers loss or damage to vehicles on the road in custody or control of the insured including liabilities to third parties

  • Internal risks

This covers loss or damage while in the insured’s premises including in the open yard to own vehicle(s) or vehicles held on the road in custody or control of the insured including liabilities to third parties.

For your PSV business to succeed, you need the right cover to cover you from any eventualities. Cooperative Banks PSV policies ensure that you do not have to worry. The policies include:

  • PSV Self-drive – car hire

Provides cover for loss of or accidental damage to motor vehicle in connection with the insured’s business for self-drive by authorized drivers.

  • PSV Taxi – yellow line

Provides cover for loss of or accidental damage to motor vehicle in connection with the insured’s business for taxi by authorized drivers.

  • PSV Chauffer Driven

Provides cover for loss of or accidental damage to motor vehicle in connection with the insured’s business for chauffer driven by authorized drivers.

  • Motor cycle

Provides cover for loss of or accidental damage to motor cycle in connection with the Insured’s business for tuk tuk or private use by authorized drivers.

  • PSV Tour Van

Provides cover for loss of or accidental damage to motor vehicle in connection with the insured’s business for tour driven by authorized drivers.

  • Ambulances

Provides cover for loss of or accidental damage to ambulances.

  • Hearse

Provides cover for loss of or accidental damage to hearse vehicle.

  • Fire Brigade

Provides cover for loss of or accidental damage to fire brigade vehicles.





About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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