Motor Insurance Policy by MIIPLC in Bangladesh

Motor Insurance

Drive with confidence – Mercantile Islami Insurance PLC (MIIPLC) offers comprehensive motor insurance policies to protect your vehicle against accidents, theft, fire, and natural disasters. With our reliable coverage, you can hit the road with peace of mind.

Looking for other insurance? Explore our Fire Insurance, Travel Insurance, or learn more about Bangladesh Insurance Regulations.

Motor Insurance Coverage for Vehicles

Private Vehicle

Covers cars for accidents, natural disasters, theft, and third-party liabilities.

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Commercial Vehicle

Designed for trucks, taxis, buses, and commercial vehicles against fire, theft, and accidents.

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Motor Cycle

Comprehensive coverage including accident, theft, and third-party liabilities.

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Comprehensive Policy Coverage

  1. Damage by fire, explosion, self-ignition, or lightning
  2. Burglary, house-breaking, or theft
  3. Riot, strike, malicious and terrorist activities
  4. Earthquake (fire and shock damage)
  5. Floods, cyclones, storms, hailstorms, or frost
  6. Accidental external damage
  7. Damage during transit (road, rail, air, waterway)
  8. Legal liability coverage

Motor Cycle Insurance

We provide comprehensive and reliable motorcycle insurance for riders in Bangladesh. Policies cover collision, overturning, theft, and third-party damage , with personal accident and medical expenses included.

Our claim settlement process is quick and hassle-free, giving you peace of mind while riding. Talk to our experts for customized coverage.

Exclusions

  • Normal wear, tear, and aging
  • Depreciation or consequential loss
  • Mechanical or electrical breakdown
  • Use outside permitted limits
  • Driving without a valid license
  • Driving under influence of drugs or alcohol
  • Loss due to war, mutiny, or nuclear risks

Documents Required

  • Completed proposal form
  • Copy of vehicle registration certificate
  • Previous policy document (for renewal)

Frequently Asked Questions (FAQ)

Motor Insurance covers accidental damage, theft, fire, and third-party liabilities. Comprehensive policies may also include natural disasters such as floods and cyclones.

Yes, under Bangladesh Insurance Regulatory Authority , third-party motor insurance is mandatory.

Yes, with comprehensive policies, you can get protection against floods, cyclones, storms, and earthquakes.

Yes, MIIPLC offers comprehensive motorcycle insurance covering accidents, theft, third-party damage, and personal accident benefits.