Fire & Allied Perils Insurance

It helps protect you, your staff, third party properties and your business motor assets (trucks, plants, and other vehicles). It can also help to protect you in the event of a motor related lawsuit. No fleet is too big or small for our professional staff to handle. With us, your vehicle’s insurance is always in safe hands.

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Product Feature

Basic Covers

  • Collision and overturning
  • Fire, Explosion or Lightning
  • Malicious Act
  • When In Transit (including loading and unloading) by road, rail or inland waterway
  • Falling Objects unless caused by flood, storm, or natural disaste

Add on Covers

Vehicle owners can also buy additional covers for other perils by payment of extra premiums:

Compulsory covers

   - Strike, Riot and Civil Commotion (3 days only)
   - Wind Screen

Optional Covers

   - Acts of god (Flood, Wind storm, Earthquake, etc…)
   - War risk


Range of Premium Rate: Minimum – 0.8%; Maximum – 1.5% on sum insured

The premium to be charged may vary depending on:

  • Usage of vehicle
  • Value of vehicle , class of model, type and manufacturing date
  • Engine cubic capacity
  • Seating capacity

Fleet Discount

10% discount on basic premium is offered to a fleet of 10 vehicles and above.

Insurance Term

The terms can be minimum 3 months or maximum one year.

No Claims Bonus

If you do not make a claim during the Policy period, a No claim bonus (NCB) is offered on renewals. This discount can go as high as 40% for private vehicle and 25% for commercial vehicle. NCB will only be allowed provided the Policy is renewed within one month of the expiry date of the previous policy.

Period of Insurance

% of Discount on total Premium

Private Vehicle

Commerical Vehicle / Motor Cycle

Preceding Year



Preceding 2 consecutive Years



Preceding 3 consecutive Years and above



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