All motor vehicle owners are required by law to have a motor insurance policy to cover their legal liability to others who may suffer death, bodily injury or damage to their property as a result of the use of the vehicle. Victims of such injuries and damage are usually passengers, pedestrians, property owners and other road users. The motor policy is meant to cover the liabilities of our insured's vehicle towards third parties who may suffer loss or bodily injury or death as a result of the use of the motor vehicle.

Under the motor portfolio, three types of cover are available for clients namely, The Third-Party Cover, Third Party Fire & Theft Cover, and the Comprehensive Cover.

• 3rd Party

a) This covers bodily injury to third parties e.g., passengers, pedestrians and other road users, the sum insured is unlimited.

b) There is also an offer compensation to any property that may be damaged by the insured vehicle, and the sum insured is limited to GH¢2,000.00 unless specifically requested for. Damage to the

insured vehicle is not covered.

• 3rd Party Fire & Theft

Under this policy there is cover for all the above, and in addition, provide compensation to the insured for loss or damage to the

insured’s vehicle if the loss or damage is as a result of fire and or theft.

• Motor Comprehensive

The greatest extent of cover is under the comprehensive policy, and this includes the above, as well as compensation to the insured for accidental damage to the insured vehicle. Specifically, there is cover for losses like own damage, total loss either through fire, theft and burglary or accidental damage as well as third-party damage and bodily injury.