Motor Vehicle Insurance
Protect Your Journey with Comprehensive Motor Vehicle Insurance
At Maayan Tax and Financial Solutions, we understand that your vehicle is more than just a mode of transport; it’s an essential part of your daily life. Whether you use it for commuting, family trips, or long drives, your vehicle represents mobility, freedom, and convenience. However, unforeseen accidents, thefts, or damages can disrupt your daily routine and lead to unexpected expenses. That’s where our motor vehicle insurance comes in. Our comprehensive plans provide you with the financial security and peace of mind you deserve on the road, ensuring that you are always protected against unexpected events.
Why Choose Our Motor Vehicle Insurance?
Comprehensive Coverage – Protection against accidents, theft, fire, and natural disasters.
Third-Party Liability – Covers damages to third-party property or injuries caused to others.
Personal Accident Cover – Ensuring financial support in case of accidental injuries or death.
Cashless Repairs – Get your vehicle repaired at network garages without upfront payments.
24/7 Roadside Assistance – Emergency help whenever and wherever you need it.
Our Insurance Plans
Comprehensive Motor Insurance – Covers damages to your own vehicle and third-party liability.
Third-Party Insurance – Covers only third-party liabilities as per legal requirements.
Own Damage Cover – Protection for your vehicle against accidental damages, fire, and theft.
Add-On Covers – Enhance your policy with engine protection, roadside assistance, and more.
Benefits of Our Insurance
Quick and hassle-free claim settlement.
Affordable premiums with flexible payment options.
Instant policy issuance and renewal online.
Dedicated customer support for all your insurance needs.
Protection against legal liabilities and financial burdens.
How to Get Insured?
Choose Your Plan – Select the insurance coverage that best suits your needs.
Get a Quote – Enter your vehicle details and get an instant quote.
Make Payment – Securely complete your payment online.
Receive Your Policy – Get your insurance policy instantly via email.
Frequently Asked Questions (FAQ)
Motor Vehicle Insurance (MVI) is a legal agreement between you and an insurance company that provides financial protection against loss or damage to your car, bike, or other vehicles. It covers risks like accidents, theft, fire, and natural disasters, and can also protect you from third-party liability claims.
The two most common types are:
Third-Party Liability Insurance (TPLI) – Mandatory in most countries, covering injury or damage caused to others.
Comprehensive Motor Vehicle Insurance (CMVI) – Covers both third-party liabilities and damage to your own vehicle.
The premium depends on factors such as the vehicle’s make and model, age, engine capacity, location, usage type (private or commercial), Insured Declared Value (IDV), and any No Claim Bonus (NCB) you have earned.
No Claim Bonus is a discount on your premium given for each year you do not make a claim. It can range from 20% to 50% over consecutive claim-free years.
To get the best MVI quote, compare policies from multiple insurers, choose the right coverage type, opt for higher voluntary deductibles if possible, and ensure all add-ons you select match your needs (like zero depreciation cover, roadside assistance, or engine protection).
