Motor third party liablity – Retail

Motor third party liablity – Retail

Get a Quotation

Please provide the following documents to get a quotation:

  • Completed Brokerage of Record filled, signed and stamped
  • Copy of Commercial Registration
  • A completely filled Proposal Form, signed and stamped
  • Loss record for the past three years

Motor third party liability (MTPL) insurance is mandatory liability insurance. All motor vehicles are subject to road traffic and therefore must have valid MTPL insurance by a well-defined law in KSA.

Risks Covered

Third Party Liability (TPL) covers the liability of the Insured against body injury and material damage caused to:

  • Cars and their passengers (unless relatives of the Insured)
  • Pedestrians
  • Property

Third party liability (TPL):

  • Material damage: Up to a maximum amount stated in the policy conditions pertaining to the law
  • Corporal damage: Material damage: up to a maximum amount stated in the policy conditions pertaining to the law
 

Extensions

Possibility to extend the policy to cover

  • Family members
  • Employees of the insured
  • Whether the driver or the passenger in the vehicle, one is insured against death, permanent disablement, and gets medical expenses coverage

Exclusions

  • Elite does not cover body injury or property damage of the Insured, his family and employees (Policy can be extended to account for such risk)
  • Serious infractions such as the driver not having a valid license, driving against traffic, or driving under effect of alcohol
  • Intentional act
  • Use of a private vehicle for commercial purposes
  • Participating or training for a competition or racing
  • Earthquakes, floods, and other natural disasters (Optional)
  • War, SRCC, radioactivity etc...

Request A Quote

In order to receive a quote, kindly download the Broker Appointment Letter Document. Fill it with the correct information, then upload it back in the below field.

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Contact

For your inquiries, please fill the form and our team will be glad to answer all your questions.

  • locate us on the map
  • 920007474 – Ext. 1000
  • info@elitere-sa.com

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