Pakwheels

Jubilee General Insurance

Jubilee
Jubilee General Insurance Company Limited has entered its sixty-eighth year of Operations marking a legacy of over six-decade of living by its core values; Teamwork, Integrity, Excellence, and Passion. Jubilee General is listed on the Pakistan Stock Exchange. Jubilee General is the highest-rated general insurance company in Pakistan with an Insurer Financial Strength Rating of “AA +” with “Stable Outlook” assigned by both credit rating agencies of Pakistan i.e VIS and PACRA. The “AA+” with a “stable outlook” takes into account the financial strength of the Company as demonstrated by its strong capitalization and liquidity indicators. It also denotes a very strong capacity of the Company to meet policyholders’ contract obligations. In May 2015, Jubilee General launched its Window Takaful Operations setup. This endeavor helps us not only to cater to the requirements of our existing clientele but also to reach out to new market segments which had not hitherto been obtaining the benefits of General Insurance products. Our General Takaful products are designed under the supervision of a Certified Shari’ah Advisor. Our Private Car Comprehensive policy cover loss of or damage to the insured motor vehicles caused by the following perils: - Accidental damage by external means - Fire, external explosion, self-ignition, lightning, or frost - Burglary, housebreaking, or theft - Damage caused by malicious persons - Riot, strike, civil commotion, and terrorism - Flood, hail, wind, hurricane, cyclone, tornado, or typhoon - Earthquake, volcanic eruption, or other convulsions of nature - Damage caused during transit by air, road, rail, inland waterway, lift, or elevator Cover includes indemnity for proposer’s legal liability for third party death and/or bodily injury – in terms of Motor Vehicle Act 1939 including liability for third party property damage. Optional personal accident cover with the limit of Rs. 200,000/- as per the scale of compensation can be purchased on following additional net premium: For driver Rs. 500/- For passengers (maximum up to 4 per car) Rs. 900/-

Comprehensive insurance plan

Comprehensive (Annual):

Comprehensive (Annual) Vehicle / Car Insurance plan provides comprehensive coverage for your vehicle to make you feel secure and protected.

Risks Covered:

Section 1: Loss or Damage

The Insured shall be indemnified against loss of or damage to the Motor car and / or its accessories whilst thereon by:

  • Accidental external means
  • Fire & External explosion
  • Theft search
  • Natural Calamities
  • Riots & strikes
  • Terrorism
  • Total Loss

Section 2: Liability to third party

  • Death or bodily injury to a third party (except for the person employed by the insured)
  • Damage to property of a third party (except for the property held in trust or custody by the insured of a third party)

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