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Motor insurance |
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Caricom General Insurance Company, Inc. |
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Protection, Trust and Service under our umbrella! |
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Motor insurance (compulsory) is governed by the Motor Vehicle Insurance ( Third Party Risks) Act, Chapter 51:03 of the laws of Guyana.
Motor Insurance is required of all owners and users of motor vehicles and extends to private vehicles, commercial, hire, agricultural, heavy duty vehicles etc.
Our Motor Vehicle insurance covers ranges from the minimum Third Party ’Act’, through Third Party Insurance, with different levels of limits, to Comprehensive Insurance.
The Act policy provides cover as follows; Indemnity for bodily injury caused to third party, including passengers at the minimum level or statutory limits. Indemnity for damage to property belonging to third party. Indemnity to claimant’s costs and expenses. Emergency treatment and hospital charges.
Third Party Cover and Third Party Fire and Theft
Third Party Cover and Third Party Fire and Theft Cover is similar to the above but with limits higher than the statutory limits and of course fire and theft, if required.
Comprehensive
Our comprehensive policy will cover risks inclusive of fire and theft . The two main sections in our comprehensive cover are coverage for liabilities to third party injuries and property damage and liability covering damages to policy holders’ vehicle.
Our company places major importance on the settlement of claims, regarding it as our shop window for the insurance market.
Our service and our claims record attest to us being among the foremost motor insurance providers.
Our premiums are competitive. Please feel free to contact us and let our professional underwriting team take care of your business. |