This policy provides cover for motor own damage and its accessories against loss or damage caused to the insured vehicle, whether private cars or commercial vehicles, accidentally and unintentionally by the policyholder or the driver of the vehicle.
Third Party Insurance
This insurance policy is compulsory by Law as stipulated in the Cooperative Insurance Companies Law. It provides insurance for amounts that the owner of the motor vehicle may be legally liable for in respect of:
Death of or bodily injury to any person including all passengers in the vehicles (except the insured, his spouse or the driver).
Property damage (except those owned by the insured or the driver at the time of accident or property that has been entrusted to the insured or is in his custody or control).
Sanad Extra is a Third party Insurance which also covers the Total loss of the vehicle due to Fire and natural perils.