Why car insurance & car insurance policy important?

Why car insurance & car insurance policy important?


There are times that we can't afford the cost of losses, damages, or even the expenses due of unexpected incident or accident. Also, without knowing the policy even you have car insruance, we will not understand which is covered and not covered by the insurance. These will cause troubles and problems when the time occur. That's why car insurance & car insurance policy are very much important to car owners. Especially if you have passenger such as your family, friends, or even not-related person, insurance can help them as well in such incident occur in an unexpected event. Therefore, Malayan Insurance company created an excelent car insurance, which is an Automaster insurance to your vehicle against accidents from natural calamities, theft, and automobile damage among others. Also, provide a protection for you and your passengers for a worry-free travel.


Insurance Terms and Definitions
Terms and definitions in insurance policy are very much important, make user you fully understand the details of the policy for each terms. Especially the extenstion of the protection for each terms.

The following are the important terms in the policy:

  • Additional Interest Insured
  • Anti-Theft Device
  • Bodily Injury Liability Coverage
  • Comprehensive Coverage
  • Collision Coverage
  • Continuously Insured
  • Declarations Page
  • Deductible
  • Driver Improvement Course
  • Driver Status
  • Full Coverage
  • Garaging Location
  • Limits
  • Life Insurance
  • Loan Coverage
  • Payoff Coverage
  • Medical Payments
  • Motorist Property Damage
  • Named Insured
  • Occasional Driver
  • Personal Injury Protection
  • Policy Expiration Date
  • Policy Length Term
  • Premium
  • Primary Residence
  • Primary Use
  • Principal Driver
  • Property Damage Liability
  • Rental Reimbursement
  • Roadside Assistance
  • Salvage Titles
  • Uninsured Motorist
  • Underinsured Motorist
  • Vehicle Identification Number




Malayan Automaster covers the following benefits:
Automobile Loss/Own Damage: It protect the car from automobile damage or theft.

Third Party Liability: Every person lives and property is important. Therefore, Automaster insurance protects any person you have hurt while driving, even other person's property. The insurance can cover the payment for injured person or damaged property is up to 500,000 Pesos.

Auto Personal Accident: This will protect the passenger and the driver or car owner from vehicular accident. The insurance will cover up to 5 persons for private vehicles or 8 persons for commercial vehicles. Each person are insured of 50,000 pesos for hospitalization and 5,000 pesos for Medical Reimbursement.

Acts Of God Protection: Sometimes even we tried our best to avoid it, our car are very much vulnerable against nature calamities, such as flood, earthquake, typhoon, or other nature calamities. The insurance will secure your vehicle to any damages.

Riots, Strikes & Civil Commotion Coverage: This will cover and respond to loss or damages to your vehicle arising out of riots, strikes, or malicious damage done intentionally or unintentionally by third parties. It will protect your vehicle against the perils of social unrest and lawless elements.

Loss of Use: Gear up for the extra-mile advantage. With the Loss of Use, you can get as much as Php 500.00 reimbursable transportation allowance per day for a maximum of 10 days, while your car is undergoing accident-related repairs. Reimbursements will be counted on the fourth day of surrendering your vehicle to the repair shop!

Accredited Repair Shops: Accessibility of repair shops is a must to keep you on the lead. That's why we have over 160 accredited repair shops all over the country.

Standard Automobile Accessories Protection: Aside from all protection the insurance provided. The insurance offers more protection to your Vehicle's standard accessories such as mags, audio and components, and aircon.



For more information: http://www.malayan.com/products/packaged/automaster
To Purchase Travel Master: http://www.malayanonline.com/automaster/quotestp1



No Comments Yet.

Leave a comment