Liability (as per Motor Vehicle Act):
- Death or bodily injury to third parties
- Liability to the passenger
- Third party property damage
- All other costs & expenses incurred with Company´s written consent
Factors influencing premium calculation Dhaka Insurance Ltd. Car Insurance Policy premium is as per Motor Tariff and it depends on the following factors:
- Insured Declared Value
- Cubic capacity
- Vehicle Type-Make/Model
- Number of Passenger Including Driver
- Loadings and Discounts/No Claim Bonus
Discounts No Claim Bonus:
If you have not registered any claim in the previous year of insurance, you are eligible for a No Claim Bonus. This Bonus keeps on accumulating over a period of time which is a certain percentage of discount in the premium. The discount can go as high as 50%.
In case of claims
Ledge your claim conveniently at our nearest GDIC branch.
What the Dhaka Insurance Ltd. Private Car Insurance
Policy excludes
- Consequential loss
- Depreciation, wear and tear
- Mechanical and electrical breakdown, failure or breakage
- When vehicle is used outside the geographical area
- When used contrary to limitation as to use
- Driven by a person other than the driver stated in driver´s clause
- War perils, nuclear perils and drunken driving
In case of claims
- Lodge your claim with our nearest Office
- Take your car to any of our cashless garages for repair
- Submit required documents to the surveyor who will visit you within 24 hrs of the claim being lodged with us
- If you opt for cashless facility, get your car repaired by our Company authorised garage. Our Company will settle the repair bills directly to the garage upto the amount payable as per the policy
- In case you do not opt for cashless facility, you have to pay for the repair charges. You can then submit the bills and claim form to the Surveyor/Company for settlement