MOTORCYCLE INSURANCE

Motorcycle Inusrance offers the most comprehensive insurance protection for your most exciting possession. Now you can have the most exhilarating ride of your life without worries.


Motorcycle Insurance Coverage


1. Regular Motorcycle Units

Compulsory Third Party Liability (CTPL) – Coverage required by the that protects the assured against liability of death or bodily injury to thirdparty arising from an accident caused by the insured vehicle, subject to the schedule of indemnities incorporated in the policy.

Voluntary Third Party Liability (VTPL) / Excess Bodily Injury (EBI) – This coverage answers for indemnities beyond the limits set forth under the CTPL coverage.

Third Party Property Damage (TPPD) – protects the assured against liability for damage caused by the insured vehicle to property belonging to a third party.

Own Damage (OD) – coverage against damages to the property insured arising from accidental collision, overturning, falling, fire and malicious acts of third party.

Personal Accident Insurance Rider (PA Rider) – coverage that financially protects passengers (including the driver) of a motorcycle against injury or death arising from a motorcycle accident.


2. High-End Motorcycle Units

Compulsory Third Party Liability (CTPL) – Coverage required by the that protects the assured against liability of death or bodily injury to thirdparty arising from an accident caused by the insured vehicle, subject to the schedule of indemnities incorporated in the policy.

Voluntary Third Party Liability (VTPL) / Excess Bodily Injury (EBI) – This coverage answers for indemnities beyond the limits set forth under the CTPL coverage.

Third Party Property Damage (TPPD) – protects the assured against liability for damage caused by the insured vehicle to property belonging to a third party.

Own Damage (OD) – coverage against damages to the property insured arising from accidental collision, overturning, falling, fire and malicious acts of third party.

Carnap - coverage that indemnifies the assured in case of loss of the whole insured vehicle pf part thereof resulting from the acts of thieves or carnappers.

Personal Accident Insurance Rider (PA Rider) – coverage that financially protects passengers (including the driver) of a motorcycle against injury or death arising from a motorcycle accident.


Optional Coverage (for high end units only)

Acts of Nature Coverage - covers damages incurred by the insured vehicle caused by earthquake, typhoon, flood, volcanic eruption, lightning, fire, and other convulsions of nature.