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.
