Motor Class
At present, Motor Takaful Scheme is the largest portfolio for the General Takaful Business of Takaful Brunei Am Sdn Bhd (TBA) .There are two products offered under the Motor Takaful Scheme and the inventory are as follows:
I. Motor Private which consists of individual social car and motorcycle; or
II. Motor Commercial covers those vehicles that are commercially used; with the purpose of profit-making.
Scope of Cover
Comprehensive Cover
Section 1
• Accidental collision or overturning of the participant’s own Motor Vehicle;
• Fire, external explosion, self ignition, lightning, or burglary housebreaking or theft of the Motor Vehicle;
• Malicious Act
Section 2
Indemnify the Participant if the participant shall become legally liable to pay in respect of:
• death or bodily injury to any third party.
• damage to property of the third party
Third Party Cover
Similar cover as in Section 2 of the Comprehensive Cover
Understanding ‘Excess’
Excess is the amount that you or your authorised driver has to bear in the event of a claim. Currently, there are five (5) types:
1) Certificate holder (or Named Driver) Excess
2) Authorised Driver Excess
3) Territorial Limit Excess
4) Fire and Theft Excess
5) Young and Inexperienced Driver Excess
Example:
Cost of Repair: BND$5,000.00
Excess Payable by Owner: BND$500.00
The customer has to pay the Excess of BND$500.00 to the workshop and the remaining balance bourne by TBA.
Products
Private Motor
This scheme is not only a mandatory requirement under the Road Traffic Act, it also offers a comprehensive coverage to the participant and also the third party.
Objective
This takaful coverage help to ease your financial burden in the event of mishap due to road accident.
Scope of Cover
Third Party Cover
• Indemnity to Third Party for injuries or death arising from the usage of covered vehicles
• Indemnity to Third Party for property damage arising from the usage of covered vehicle
Comprehensive Cover
• Takaful Protection of Third Party, as above.
• Loss or damage to the vehicle protected or to the goods as a result of fiber theft or collision accidents.
Territorial Limit
Negara Brunei Darussalam, Sabah and Sarawak
Additional Cover
Additional cover such as excess buy back, flood, passenger liability, windscreen, and approved accessories are offered for comprehensive cover only.
Claim
Please refer to our TBA Motor Claims guideline.
Documents Required
• Police 252 (Original Copy)
• Police Statement 22 or 33 (Original Copy)
• Original Takaful Certificate
• Participant’s / driver’s driving licence
• Participant’s / driver’s Identity Card
• Copy of Vehicle Registration Card (Blue Card)
Additional Motor Coverage
Windscreen Cover
Breakage of your car’s windscreen or windows*.
*Your No Claim Bonus (NCB) will not be affected by such claim and any excess under the certificate will not apply.
No Claim Bonus (NCB) Protection
Your No Claim Bonus shall not be affected in the event of a claim
Outside Territorial Limits Cover
Extend your Motor Takaful coverage beyond the territorial limit in your Motor Takaful Certificate.
*The current territorial limits includes Brunei, Sabah and Sarawak only.
Sea Route Transit Cover
Damage to your car whilst in transit by any sea route.
Excess Buy Back
Cover against excess amount that you or your authorised driver has to bear in the event of a claim.
Flood and Special Perils Cover
Damage to your car caused by Flood, Typhoon, Hurricane or Storm.
Legal Liability for Passengers
Legal liability from acts of negligence brought against your passengers.
Legal Liability to Passengers Cover
Legal liability brought against you by any of your passengers.
Strike, Riot and Civil Commotion Cover
Loss of damage to your car caused by strike, riot or civil commotion.
Motorcycle
This scheme is not only a mandatory requirement under the Road Traffic Act, it also offers a comprehensive coverage to the participant and also the third party.
Objective
This takaful coverage help to ease your financial burden in the event of mishap due to road accident.
Scope of Cover
Third Party Cover
• Indemnity to Third Party for injuries or death arising from the usage of covered vehicles
• Indemnity to Third Party for property damage arising from the usage of covered vehicle
Comprehensive Cover
• Takaful Protection of Third Party, as above.
• Loss or damage to the vehicle protected or to the goods as a result of fiber theft or collision accidents.
Territorial Limit
Negara Brunei Darussalam, Sabah and Sarawak
Additional Cover
Additional cover such as flood, passenger liability, windscreen, and approved accessories are offered for comprehensive cover only.
Claim
Please refer to our TBA Motor Claims guideline.
Documents Required
• Police 252 (Original Copy)
• Police Statement 22 or 33 (Original Copy)
• Original Takaful Certificate
• Participant’s / driver’s driving licence
• Participant’s / driver’s Identity Card
• Copy of Vehicle Registration Card (Blue Card)