The insurer will indemnify the insured against loss or damage to the Motor Vehicle and its accessories while on the vehicle.

• a) by fire, explosion, self ignition, or lightning;
• b) by burglary, housebreaking, or theft;
• c) by Riot and Strike, including malicious activities;
• d) by Earthquake (Fire and Shock damage);
• e) by Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm, Frost;
• f) by accidental external means;
• g) whilst in transit by road, rail, inland waterway, lift, elevator, or air;
• h) act liability.

Subject to depreciation deductions for parts replaced:

• 1. Rubber, nylon, plastic parts, tyre, and battery: 50%
• 2. Glass parts: Nil
• 3. Other parts: Based on age of the vehicle

• Up to 1 year: Nil
• 1-2 years: 10%
• 2-3 years: 15%
• 3-4 years: 20%
• 4-5 years: 25%
• 5-6 years: 30%
• 6-7 years: 40%
• Over 7 years: 50%

The insurer will not pay for:

• a) Consequential loss, depreciation, wear and tear;
• b) Damage to tyres unless the motor vehicle is also damaged;
• c) Loss or damage while under the influence of alcohol or drugs.

In the event of damage, the insurer will cover reasonable removal and repair costs, up to Tk. 1000.

• • Under 25 years: Tk. 1000/-
• • Over 25 years: Tk. 500/- to Tk. 800/-
• b) This does not apply to fire, self-ignition, lightning, or explosion damage.

The insurer will indemnify the insured against all sums, including claimant’s costs, which the insured becomes legally liable to pay for:

• I. Death or bodily injury (except when caused during employment);
• II. Damage to third-party property.

The insurer will cover any driver under the insured’s order, provided they comply with the policy terms.

• The insurer may arrange for defense representation or inquest participation.

• Accidents or losses outside the geographical area;
• Claims from contractual liabilities;
• Damage while outside the policy limits or by an unapproved driver;
• Accidents caused by radiation or contamination;
• Events related to war, invasion, civil unrest, or military actions.

This policy must be read with the schedule. Claims must be reported immediately, and the vehicle should not be moved until inspected by the surveyor.

• Claims must be reported with full information and assistance.
• The insured must cooperate with the police in cases of theft or criminal activity.
• No admissions or promises can be made without the insurer’s consent.