motor insurance solutions€¦ · autopro private motor policy our autopro private motor insurance...
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Motor Insurance SolutionsA guide to how our motor insurance solutions are designed to offer peace of mind with solid, reliable coverage that best suits your needs.
What drives you?
We understand that you are driven by a need to safeguard your vehicle, your family and your friends who may travel with you.
We also understand the need for coverage of persons inside and outside of your vehicle should an accident occur. That’s why we developed AutoPro, our enhanced Motor Insurance Policy.
Our motor insurance policy not only protects you and your vehicle in the event of an accident but it also covers damage or injury caused by you or someone else driving your vehicle with your permission.
AutoPro Private Motor PolicyOur AutoPro Private Motor Insurance Policy provides cover for vehicles used for private purposes. Coverage is available in three categories depending on your individual needs – Third Party; Third Party, Fire and Theft and Comprehensive.
The premium which you pay is calculated based on each driver’s profile (including age, occupation, driving experience, claims history) and the vehicle’s profile (type, use, engine size and value).
Please note that high performance engines, modified, expensive or unusual vehicles (not marketed locally) and inexperienced drivers may attract a higher premium.
The following briefly describes the cover provided. For full details please contact us at any of our locations.
Third Party PolicyCoverage pertains to legal liability to passengers and other persons as a result of injury or death, as well as to Third Party property damage. This is the minimum cover required by legislation.
We will settle Third Party claims up to the statutory limits should you or the authorised driver be held responsible for an accident.
You are also covered against Third Party risks whilst driving someone else’s private car with their permission.**
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** Limits and special conditions exist for these items.
• Hurricane Damage
• Medical Expenses**
• Towing Charges**
• Damage to Personal Items**
• Windscreen/Window Glass Damage**
* Please note that with this type of cover, an Excess/Deductible is payable in the event of a claim/loss by the Policyholder for damage to your vehicle which is not recoverable from another motor insurer. This is the portion of the loss which is borne by the policyholder.
** Limits and special conditions exist for these items.
Third Party Fire & Theft PolicyIn addition to the benefits of Third Party coverage, this policy provides cover for loss or damage suffered as a result of fire or theft of your motor vehicle or its accessories.
Comprehensive Policy*This policy covers both you and your vehicle! In addition to the benefits of Third Party Fire & Theft, you are covered for accidental damage to your vehicle.
Additional cover includes:
Private Motor Policy Benefits• No claims discount• Discounts when you insure both
your vehicle and your home and/or contents
• Discounts when you insure more than one vehicle
• In the event of a total loss (damage greater than 70% of insured value), no depreciation will be applied to NEW vehicles purchased from local dealerships within 12 months from the date of purchase.
• Free loaner vehicle if your vehicle is damaged in an at-fault accident ( Comprehensive Policies only)** +
• Prompt claims settlement• 24-hour breakdown and
accident assistance +
• Pay your premium over 10 months +
• Pay premiums with your Massy Card +
• Earn and redeem Massy Loyalty Points +
+ Please check with your local agent to ensure this benefit is available in your country.
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Key Insurance Terms to help you traverse the world of Motor InsuranceUNDERWRITERThe person working for us, the insurer, who makes an assessment of you and your vehicle, determines the premium payable, as well as provides the terms and conditions of your policy. The Underwriter can accept , impose special terms or reject your request for insurance based on this assessment.
POLICYHOLDER/INSUREDThe name stated in the policy schedule (the person who owns or is legally responsible for the vehicle and in whose name it is registered).
PRIVATE CARA vehicle used only for private pleasure purposes and for travelling to and from your place of business (not for business use, e.g. freighting).
The Private Car Policy does not cover rallies, speed testing, the carriage of passengers or the use of the vehicle for hire or reward, or any use in connection with the Motor Trade.
OWN DAMAGEDamage to your vehicle (cover applies under Comprehensive Policies only).
NO CLAIMS DISCOUNT (NCD)A percentage system used to reward you for driving accident-free over a period of time.
PERIOD OF INSURANCEThe period of time during which your vehicle is insured and a valid Certificate of Motor insurance has been issued.
PREMIUMThe amount paid or agreed to be paid by the policyholder for insurance cover.
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COVER NOTE
A temporary document (usually for not more than 30 days) issued to the Policyholder / Insured as evidence that insurance cover is in effect.
CERTIFICATE OF INSURANCE
Document issued in accordance with the local motor legislation showing the period of insurance cover for your vehicle.
We recommend that your certificate of insurance document is kept in your vehicle to show proof/evidence of insurance at all times.
EXCESS OR DEDUCTIBLE. WHAT DOES IT MEAN AND WHY DOES IT EXIST?
If you have Third Party Fire and Theft or Comprehensive cover, an Excess or a Deductible is a pre-determined sum that you, the policyholder, are required to pay, before your insurance company pays the amount they are obligated to cover.
This falls within the terms of your policy. For example, if the covered Own Damage (damage to your vehicle) claim is $1,500 and your deductible is $500, you pay $500 and your company will pay $1,000. Deductibles help to keep insurance rates reasonable. A voluntary increase in the amount of the deductible can lower the cost of insurance.
Note that excesses or deductibles were established to eliminate claims for trivial losses and to instill in the Insured a greater sense of property care and risk consciousness.
WHAT IS A CONDITION OF THE POLICY?
The section of your insurance policy terms that states the obligations of the Policyholder/person insured and those of the insurance company.
Why Massy United Insurance?
Throughout the region, our customers know that a financially secure insurance company covers their homes, vehicles, businesses and prized possessions. With a financial strength rating of ‘A-’ (Excellent) by A. M. Best for more than 13 consecutive years, we understand what insurance is about – reliability, security and most importantly, you!
At Massy United Insurance, we offer excellent service, exciting benefits and a prompt and compassionate claims response. Choose from a full range of market-leading personal and business insurance solutions designed to meet your individual needs.
If you need further information on Motor Insurance, our friendly and knowledgeable staff are always happy to assist.
Give us a call today!
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www.massyunitedinsurance.com
Across the Caribbean, more people are placing their trust
in Massy United Insurance. You can find us at any of the
following locations:
Head OfficeBarbadosMassy United Insurance [email protected]: 246 430-1900
AnguillaD-3 Enterprises Ltd. [email protected]: 264 497-3525 | F: 264 497-3526
Antigua & BarbudaAnjo [email protected]: 268 480-3050F: 268 480-3064
ArubaMassy United Insurance [email protected]: 011 297 583-6014F: 011 297 583-8240
BahamasFreeport Insurance Agents & Brokers [email protected]: 242 352-8501 | F: 242 352-8516
RMS Ins. Agents & Brokers [email protected]: 242 698-7233
Shield Insurance Agents & Brokers [email protected]: 242 356-7202
BelizeBelize Insurance Centre(Insurance Agents) [email protected]: 501 277-7310 | F: 501 277-4803
British Virgin IslandsCaribbean Insurers [email protected]: 284 494-2728F: 284 494-4393
Cayman IslandsMassy United Insurance [email protected]: 345 743-1900
CuraçaoMassy United Insurance [email protected]: 011 599 9 737-4005F: 011 599 9 737-4006
DominicaJ. B. Charles & Co. [email protected]: 767 448-2876 | F: 767 448-0993
C. A. M. Dupigny [email protected]: 767 448-3012 | F: 767 448-6808
L. A. Dupigny & Co [email protected]: 797 448-2310 | F: 767 449-8834
GrenadaUnited Insurance(Grenada Agents) [email protected]: 473 440-1193 | F: 473 440-5410
GuyanaMassy United Insurance [email protected]: 011 592 226-1926 F: 011 592-226 1881
JamaicaMassy United Insurance [email protected]: 876 633-7085 | F: 876 906-1998
MontserratJacquie Ryan Enterprises [email protected]: 664 491-2055 | F: 664 491-3257
St. Kitts & NevisMassy United Insurance [email protected]: 869 466-5006 F: 869 466-1045
St. LuciaUnited Insurance Agents(Saint Lucia) [email protected]: 758 456-6560F: 758 456-6508
St. Vincent & the Grenadines United Insurance [email protected]: 784 457-4904 F: 784 457-4223
United Agencies [email protected]: 784 456-1225F: 784 457-2046
Trinidad & TobagoMassy United Insurance [email protected]: 868 627-7530 | F: 868 627-3674
Massy Motors TobagoT: 868 627-7530
Turks & Caicos IslandsN. W. HamiltonInsurance Services [email protected]: 649 946-4060F: 649 946-4061
CSC Insurance Brokers [email protected]: 649 941-7975 | F: 649 941-3988