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Motor Insurance
At Exim Bank, we provide a wide range of convenient and innovative insurance policies that cater to the needs of individuals, businesses, and corporations. Our strong strategic partnerships within the insurance industry instill confidence in our ability to deliver the right coverage for you, your loved ones, and your valuable assets.
There are three types of motor insurance covers available for the vehicles
- Third party liability cover – this covers only the legal liability arising out of the use of motor vehicles.
- Third party liability with fire and theft cover – this covers the theft of entire vehicle only and loss due to fire in addition to the mandatory legal liability cover.
- Comprehensive cover – this covers all accidental losses (incl. theft and fire) in addition to the legal liability cover. The sum insured to be opted by you should reflect the current day market value of a similar vehicle i.e the amount that your vehicle would fetch in the market in “as is condition” if put up for sale.

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