Madison Equity Fund: NAV Price: 36.19 Purchase Price: 36.19 | Madison Money Market Fund: Daily Yield: 8.96% Effective Annual Yield: 9.37%
Covers different types of vehicles used by businesses/individuals for commercial purposes including pick-ups, lorries, trucks, tippers and heavy goods vehicles. This cover can insure vehicles used for ‘own goods’, ‘general cartage – for hire or reward’ or institutional vehicles.
- Covers damage or theft to the vehicle(s) and accessories while in or on the vehicle within the territorial limits
- Protection, recovery & removal after accident(towing charges)
- Authority to repair (upto the authorised repair limit)
Covers legal liability for damages including the related costs and expenses for:
- Death or bodily injury to any person
- Damage to third party property
Disclaimer: This legal liability must arise as a result of an accident by or in connection with the insured vehicle.
This cover also caters to emergency medical expenses: reimbursement of reasonable medical expenses incurred in connection with any bodily injury by accident to passengers and third parties.
- Passenger legal liability
- Political violence, terrorism and sabotage
- Excess Protector
- Windscreen and Window Glass
- Vehicle entertainment unit
- No Blame No Excess – Free
- Personal Accident Insurance Extension for Driver and One Loader
- Carriers Liability/Goods in Transit
- Cost of Alternative Accommodation
- Spare tyre
- Tool kit
- Cover for Containers
*at an additional premium
What determines the rate for any cover under Motor Insurance?
- How long has the vehicle been in use?
- What is the make of the vehicle?
- What is the scope of your preferred cover?
- Who are your drivers and what is their experience?
- Do you have any history of loss?
- How old is the vehicle?
- What is the total sum you’ve insured ?
- Are there any extensions to your cover?
- How many vehicles have you covered with us?