“Peace of mind”
Our Third Party Liability insurance consists of two parts:
A- Bodily Injury: According to the Lebanese law, every motorized vehicle should be insured against bodily injury caused to third parties.
B- Material Damage: You receive the option to extend your insurance to also cover material damage done to other vehicles and properties.
The term “All Risk” coverage for motor insurance implies that the policy has both “third party liability” and “own damage” coverage.
However, the own damage cover in the Lebanese market is not fully comprehensive cover against all risks and does not mean that everything is covered no matter what happens; the specifics depend on the terms and conditions of the product you purchase.
Nearly all insurance products in the Lebanese market cover the accidental physical loss or impairment to the policy holder’s own car, due to:
• Fire (including self-igniting).
• Total theft + Partial Theft.
• Own damage due to accidental collision or overturning regardless of the cause
• Hold ups (carjacking).
• Harm to the glass portions of the automobile.
• Accidental Collision.
Some of the extra benefits of the All Risk cover are road assistance, personal accident insurance, use of a replacement car during the fixing period, repair at dealer’s workshop and registration fees for the new car in case of full loss.
Some of the benefits of the All Risk cover (fire, own damage) may be extended to Syrian territories by a small number of Lebanese insurers.
We refer to “Total Loss” when the reparation costs of the car exceed ±65% of its market value.
Depending on the insurance company, most Total Loss products also offer third party liability coverage. Road assistance is also included free of charge.