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Car loan collateral protection insurance

Purpose

Protects the borrower’s car financed by loan.

 

Insurance item

Vehicle purchased by bank loan

 

InsurerInsurance productPercentage rate of annual premiumInsurance protection
MIG Daatgal LLCMax2.00%- Collision
Classic1.40% 
Standard0.80%- Fire and explosion
Ard Daatgal JSCStandard plus2.00% 
Standard1.20%- Natural disaster
Economic0.80% 
Khaan daatgal LLCPremium plus2.00%- Theft and burglary
Premium1.40% 
Classic0.80%- Intentional and negligent act of third party
Tenger daatgal JSC100%2.00% 
90%1.40% 
80%0.80%- Other

 

 

What to do when insurance incident occurs?

Inform:

- MIG Daatgal LLC immediately (75756000);

- Ard Daatgal JSC immediately (77200088)

- Tenger daatgal JSC immediately (18001889)

- Khaan daatga; LLC immediately (75700808)

 

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;