Collateral hull Insurance
It is hard to imagine modern life without a car. Buying a car on loan is one of the most popular kinds of loan activities that is used by a lot of families.
WHY Do you need an Agreement for Collateral Insurance Policy
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In order to meet the requirements of the bank issuing a credit
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In order to get insurance compensation to repay remaining debt under loan agreement in case of theft, actual or constructive total loss of an motor
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In order to get money compensation from us in case of damages.
HOW MUCH DOES YOUR POLICY COST
Collateral HULL Insurance Policy comes into force in case of:
- road traffic accident;
- fire accident, explosion;
- acts of God, fall of objects (incl. snow and ice);
- in the result of unlawful acts of the third parties, including in the result of robbery and/or theft of a motor.
Policy value depends on several factors:
- Insurance sum;
- Insurance period;
- History of losses;
- Chosen amount of reduction franchise (in case of partial loss and total loss/robbery and/or theft);
- Alterations or amendments to the terms of insurance agreement.
For further information about the programme, please contact our managers. We will be pleased to help you.
