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CASCO Plus

 

- WHAT KIND OF VEHICLES CAN BE INSURED?

  • passenger cars
  • belong to individuals
  • produced in between 1998-2010
  • personal use
  • not mortgaged in the bank*
  • mass production and not included in the list of cars prohibited by CASCO calculator or not included in the list at all.

*for vehicles mortgaged in the bank different conditions of CASCO are provided.

 

- IN WHAT CASES DOES THE INSURANCE ACT?

 Basic coverage:

  • Traffic accident (overturning, collision, etc.)
  • fire, explosion
  • falling trees, poles, or other objects (also stones flying under the wheels)
  • hail, lightning, earthquakes, floods and other natural disasters
  • acts of animals.

Expansion of coverage:

  • Illegal actions of third parties
  • theft of cars

 

- HOW MUCH IS THE INSURANCE COVERAGE?

 The insurance amount, that is the maximum possible compensation in the insurance event is AMD 1.5 million.

 

- WHERE DOES THE INSURANCE ACT?

  • The insurance is valid on the territory of RA and Nagorno-Karabakh, as well as on the territory of Georgia for 30 days without interruption.

Expansion of coverage:

  • The insurance is valid for 30 days without interruption - on the territory of Iran and CIS countries for 30 days without interruption as well. This coverage expansion is only possible to choose when signing the insurance contract.

- WHAT ARE THE TERMS OF THE INSURANCE?

The insurance policy is valid for 1 year. The insurance premium is supposed to be made one-off or in installments.

- HOW MUCH IS THE INSURANCE PREMIUM?

The insurance premium is calculated based on the CMTPL insurance premium of the insured, as well as on the engine power according to the scale below:

 

Engine power: (h. p.)  CASCO Insurance premium   
<= 140 CMTPL Insurance premium X 2
>= 141    CMTPL Insurance premium X 1.8

 

- ADDITIONAL COVERAGE

CASCO Plus may also include Voluntary MTPL coverage as well as the insurance coverage of drivers and passengers against accidents.

 

For additional information on the conditions of insurance, you can call (010) 592121.

You can find the sinning procedure and terms of the insurance policy here.

 

Updated:   2018-04-13 04:04

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