Leadway Pick and Pay Motor Insurance
Comprehensive insurance on your precious car doesn’t have to be expensive any more with the Leadway Pick and Pay Motor Insurance that offers you the opportunity of a cover with ease.
Designed to suit your specific need, the Leadway Pick and Pay provides a range of benefits per level of cover so that whatever the situation, you can choose a cover that is just right for you. Pick from our array of Auto Platinum, Auto Gold, Auto Silver or Auto Bronze plans and enjoy the freedom of a tailored plan that is made just for you.
The Leadway Pick and Pay Auto Cover… our hassle-free cover for whatever the streets might throw at you!
- The product offers comprehensive third party liability, including death of, or bodily injury to, third parties.
- The Pick and Pay Auto Insurance will cover you against loss of, or damage to, the motor vehicle and or its accessories caused by any of the following:
(1) Accidental collision or overturning consequent upon mechanical breakdown or wear and tear
(2) Fire, external explosion, self-ignition or lighting, vandalization or theft
(3) Malicious act whilst in transit (including the process of loading and uploading incidental to such transit) by road, rail, inland waterway, lift or elevator
- The product offers you a reimbursement (up to the product limit in the table below) for medical expenses you may incur as a direct result of an accident with the insured vehicle.
The table below shows the level of cover on the four different plan options from which you may choose:
|COVER/FEATURES||AUTO BRONZE||AUTO SILVER||AUTO GOLD||AUTO PLATINUM|
|APPLICABLE RATE ON CAR VALUE||3%||3.50%||4%||4.50%|
|MEDICAL EXPENSES LIMIT||N10,000.00||N20,000.00||N30,000.00||N50,000.00|
|LOSS OF PERSONAL EFFECT LIMIT||N10,000.00||N30,000.00||N40,000.00||N50,000.00|
|AUTHORISED REPAIR LIMIT||N50,000.00 or 5% of sum insured which ever lower||N100,000.00||N150,000.00||N250,000.00|
|THIRD PARTY PROPERTY DAMAGE LIMIT||N1m||N1m||N2m||N2m|
|PERSONAL ACCIDENT TO THE INSURED||N75,000.00||N100,000.00||N300,000.00||N500,000.00|
|PERSONAL ACCIDENT TO THE DRIVER||N25,000.00||N50,000.00||N100,000.00||N250,000.00|
|VEHICLE TRACKING||vehicle above N5m to be tracked||Vehicle Above N4.5m to be tracked||Vehicle Above N4m to be tracked||Vehicle Above N3.5m to be tracked|
|POLICY EXCESS||N25,000.00 or 10% of Loss WIH||N20,000.00 or 7.5%of Loss WIH||N15,000.00 or 5% of Loss WIH||N10,000.00 or 5% of Loss WIH|
|STRIKE, RIOT AND CIVIL COMMOTION||0.15% of sum Insured||0.15% of Sum Insured||Free||Free|
|FLOOD COVER||0.15% of sum Insured||0.15% of Sum Insured||Free||Free|
|DEPRICIATION||Graduated Depreciation with 10% as Maximum||Graduated Depriciation with 10%as Maximum||Graduated Depriciation with 10% as Maximum||Graduated Depreciation with 10% as Maximum|
No matter the plan option you choose, the Pick and Pay Motor insurance covers the cost of towing the vehicle in the event of an accident. Then, you may enjoy free vehicle tracking, depending on the plan you choose and the cost of your vehicle.Other Benefits:
The default cover period for the Pick and Pay Motor Insurance is one year, after which the plan can be renewed. However, you may elect to choose shorter cover periods that may suit you better. For instance, you may choose a monthly, quarterly or semi-annual cover period. For cover periods other than the annual period, the first premium installment payable shall include the full year third party premiums due on each vehicle covered.
Your Next Step:
Select one of the Pick and Pay Plan options that suits you and call: 01-2800700 to speak to any of our representatives who will attend to your requests. You may also e-mail firstname.lastname@example.org for more information or click the button below to buy right away.