Moov Luxury (Extented Comprehensive)

Moov Luxury (Extented Comprehensive)

This is an insurance product that pays for damages to your vehicle as a result of theft, accident or fire. It covers third party damages for which you are liable. With this policy, the cost of replacing or repairing your vehicle is covered no matter who is at fault. If needed, you can also buy additional features such as increased third party along with the standard features of the product.

Features

  • Third party property damage (up to N1million)
  • Third party bodily injury and death (Unlimited)
  • Covers loss from fire damage to the insured vehicle
  • Covers theft of the vehicle
  • Covers accidental damage to insured's vehicle
  • No policy deductible / Excess applies Includes towing limit (up to N10,000.00)
  • Personal accident benefits for the insured (up to a limit of N100,000)
  • Loss of personal effects (Up to a limit of N30,000.00)
  • Riot, strike and civil commotion (RSCC)
  • Authorised repair limit (up to N50,000)
  • Free tracker if vehicle value is N3million and above Passenger liability (N75,000 per person and a maximum of N350,000 per vehicle)
  • Increased third party property damage (TTPD) up to N2million Own damage caused by flood
  • Benefits

  • Covers third party property damage
  • Covers third party bodily injury & death (Unlimited)
  • Covers cost of repairs caused by fire damage
  • Covers cost of repairs for own damage Indemnifies you in case vehicle is stolen
  • No-Claim Bonus of 2.5% payable after 2nd year of renewal
  • Documentaion

  • Completed proposal form
  • Proof of ownership/Vehicle License
  • Acceptable proof of identification
  • Pictures of Vehicle capturing both front and back with license plates showing
  • Exclusions and Limitations

  • Mechanical or electrical breakdowns
  • Damage to tyres unless motor car is damaged at the same time
  • Any incident which happens whilst the car is being used outside the agreed limitations
  • The first amount of each claim for loss or damage (known as the “excess”), unless you have purchased the 'excess buy back'
  • Loss or damage arising from the vehicle being filled with adulterated fuel
  • Theft of your vehicle, accessories or parts if unattended and left unlocked and / or the keys to the ignition are left with the vehicle
  • Loss of or damage to the vehicle whilst the driver is under the influence of alcohol or drugs
  • Wapic will pay the lower of the current market value at the time of the incident or the value noted in your schedule
  • Loss of use or consequential losses
  • If at the point of making a claim, it is discovered that the vehicle is also insured by other insurance companies, the cost of claim will be shared with the other insurers
  • Refund Policy

    The policy is non-refundable

    Cover for non-owner driver

    Yes. Wapic covers the legal liability for loss or damage to someone else's property by any person who is driving, provided the y are fully licensed and operated the vehicle with your permission

    In case of an accident

  • Notify the Police immediately
  • Note the insurance details of the third party involved