Purpose
Protects the borrower’s car financed by loan.
Insurance item
Vehicle purchased by bank loan
Insurer | Insurance product | Percentage rate of annual premium | Insurance protection |
MIG Daatgal LLC | Max | 2.00% | - Collision |
Classic | 1.40% | - Natural disaster | |
Standard | 0.80% | - Fire and explosion | |
Ard Daatgal JSC | Standard plus | 2.00% | - Theft and burglary |
Standard | 1.20% | - Intentional and negligent act of third party | |
Economic | 0.80% | - Other |
What to do when insurance incident occurs?
Inform:
- MIG Daatgal LLC immediately (75756000);
- Ard Daatgal JSC immediately (77200088)
Required documents has to be filed to the bank and insurer in a timely manner.
Required documents for insurance claims
- Insured’s request;
- Original copy of insurance policy;
- If necessary, estimation done by a licensed estimate agency;
- If necessary, a bill from a repair shop that rendered repair services;
- If necessary, a statement from a corresponding professional institutes;
- Bank letter;