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Home  >  Corporate Insurance  >  Motor  >  Motor Commercial
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Motor Commercial


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Covers vs. Cost

When you decide to apply for motor commercial insurance, the challenge is to get the right balance between service and cost. You may prefer the low cost premium but the effect of dealing with a fleet insurer with poor administration and inferior claims service will cost you far more than what might be saved on reduced premiums. Tawuniya provides a flexible Motor Insurance solution for fleets of varying sizes. It offers protection for a wide range of vehicle types and coverage options that can be tailored to your business requirements.

Description

 

 

The Insured Vehicles

 

- "Lease to Own" vehicles.

- Rent a car

- Light commercial vehicles (Up to 3.5 tons).

- Medium commercial vehicles (Up to 5 tons).

- Heavy commercial vehicles (over 5 tons and/or over 16 seats).

- Commercial vehicles used in domestic and international public transportation.

- Commercial vehicles of high risk.

- Diplomatic vehicles.

 

Diversified Products

 

Tawuniya allows you to choose one or more of the following motor insurance products.

 

How is Insurance Arranged?

 

You can insure your Building and / or Contents, whichever is appropriate, under one policy. Just contact the nearest Tawuniya       branch where our staff will gladly provide you immediately with any further information or any help you require and give you a       quotation.

 

Comprehensive (Al-Shamel)

 

-Provides cover for loss or damage to the insured vehicle up to the declared value.

-Covers indemnity up to SR 5 million for death and/or bodily injury to a third party as a result of an accident whilst driving the       insured vehicle.

-Covers indemnity up to SR 5 million for loss of or damage to a third party's property including public property.

 

Third Party (Sanad)

 

Covers indemnity up to SR 5 Million for death and/or bodily injury to a third party as a result of an accident whilst driving the        insured vehicle.

Covers indemnity up to SR 5 Million for loss of or damage to a third party's property including public property.

 

Third Party & Limited Own Damage (Sanad Plus)

 

-Provides cover for loss or damage to the insured vehicle up to SR 10,000 per year.

-Covers indemnity up to SR 5 Million for death and/or bodily injury to a third party as a result of an accident whilst driving the         insured vehicle.

-Covers indemnity up to SR 5 Million for loss of or damage to a third party's property including public property.


 

The Shariah Committee

The Shariah Committee of Tawuniya has approved Motor CommercailInsurance  to become compliant with Shariah requirements as stated by the honorable committee members. The Committee has approved to Tawuniya launching the said product in the market after the revision and scrutinizing. This reflects the real keenness of Tawuniya to have its products compliant with the Shariah requirements. This reassures our clients, increases their trust in our products and relieves any worries.        

for more information about Shariah Committee click here

 

Files

Motor Commercial Policy Wording

Motor Commercial Leaflet

 

 
 
 
 
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